Meghann Donahue has extensive experience advising clients on complex enforcement, bank supervision and regulation, and investigation matters.
Meghann rejoins the firm after serving as Associate General Counsel for the Federal Reserve Bank of New York, where she supervised and conducted enforcement investigations of financial institutions, advised on enforcement actions arising out of bank examinations, and counseled bank examiners on matters involving a broad range of unsafe and unsound practices, regulatory violations, and remediation at supervised institutions.
Meghann advised on dozens of public and nonpublic enforcement actions with financial institutions and led enforcement investigations resulting in the Federal Reserve’s first civil money penalties for anti-money laundering non-compliance and Volcker Rule violations. Meghann’s experience includes investigations and actions concerning Bank Secrecy Act and OFAC sanctions compliance, consumer compliance, risk management and internal controls, fraud, misconduct, and whistleblower complaints. Meghann routinely liaised with Federal Reserve Board enforcement officials and other domestic and international regulators, and she trained and advised examiners on bank regulatory developments, legal frameworks, and internal enforcement-related procedures.
Meghann also managed a portfolio of litigations, subpoenas, and oversight inquiries related to New York Fed operations, including payments and foreign central bank accounts. She provided counsel on internal investigations and compliance-related matters and spearheaded the creation of New York Fed’s pro bono legal services program.