Christopher M. Paridon
Mr. Paridon is counsel in Davis Polk’s Financial Institutions Group, practicing in the Washington DC office. His practice focuses on providing both strategic and targeted bank regulatory and financial regulatory reform advice on a wide variety of financial regulatory matters. He also advises on bank M&A, capital markets transactions where the target or issuer is a banking organization or other financial institution, and regulatory enforcement actions. Mr. Paridon is a member of the fintech practice and has advised clients on bank regulatory considerations for numerous investments in fintech companies.
Mr. Paridon has been involved in financial regulatory reform and legislative changes in both the private and public sector. Between 2008 and 2014, Mr. Paridon served in the Legal Division of the Board of Governors of the Federal Reserve System, most recently as counsel, where he concentrated on regulation of banks and bank holding companies under the Bank Holding Company Act (“BHC Act”), Change in Bank Control Act, and Federal Reserve Act, among others. During this time he gained significant experience in financial regulatory reform, including through implementation of various aspects of implementing the Dodd-Frank Act, such as the Volcker Rule, swaps push-out, and financial sector concentration limit.
During his time at the Federal Reserve, Mr. Paridon also worked on and advised regarding numerous U.S. and non-U.S. mergers and acquisitions of all types and sizes involving banks, bank holding companies, and nonbanking subsidiaries. He was involved in overseeing the conformance of a number of new bank holding companies, including work on determining whether certain activities or investments were permissible under the BHC Act. Mr. Paridon has significant experience working on investments in banks and bank holding companies by private equity investors, as well as with restrictions on inter-affiliate transactions within banking organizations under Sections 23A and 23B of the Federal Reserve Act.
He previously served as government relations counsel at the American Bankers Association and attorney-advisor with the U.S. Department of Commerce’s Office of the General Counsel.
Bank Regulatory and Financial Regulatory Reform
- Advised many U.S. and non-U.S. financial institutions, including many of the largest domestic and international banks and regional banks, on the impact and implementation of the Dodd-Frank Act
- Advised 5 of the 8 U.S. G-SIBs on a joint comment letter and advocacy regarding the Federal Reserve's and OCC's proposed rules on qualified financial contracts
- Advised several U.S. G-SIBs on various aspects of their resolution plans required under Section 165(d) of the Dodd-Frank Act
- State Street Corporation on its acquisition of General Electric Asset Management, which added over $100 billion in assets to State Street’s AUM.
- China Cinda Asset Management Co., Ltd. on its HK$68 billion acquisition of Nanyang Commercial Bank, Limited
- Banco Santander on its proposed joint venture with UniCredit and Warburg Pincus consisting of the global asset management businesses of Santander Asset Management and Pioneer Global Asset Management, with approximately €353 billion in AUM (Note: As of July 31, 2016, the proposed JV agreement between Santander and UniCredit has been terminated)
- Morgan Stanley in connection with its $1.5 billion SEC-registered offering of 1,500,000 depositary shares
- Thought Leader on Financial Regulation, Davis Polk FinReg Blog, read Mr. Paridon's posts
- Speaks at national and industry-recognized conferences on banking law and regulation, including regulatory reform and implementation.
- Member, Section of Business Law, Banking Law Committee, American Bar Association
- Member, Maryland State Bar Association
- Member, District of Columbia Bar Association
- "New Changes And Challenges: Non-Banks in the Payment Systems,” ABA Banking Law Newsletter, January 2008
- Counsel, Davis Polk, 2014-present
- Legal Division, Board of Governors of the Federal Reserve System, 2008-2014
- Counsel, Government Relations, American Bankers Association, 2006-2007
- Attorney-Advisor, Office of the General Counsel, U.S. Department of Commerce, 2004-2006