Tom Delaney is a partner in Mayer Brown’s Washington DC office and represents a broad range of financial services organizations. He assists both US-based and international firms to anticipate and resolve regulatory, supervisory, and structural impediments to their corporate objectives. Tom possesses a comprehensive knowledge of US financial services law, with particular emphasis on funds transfer matters that arise in the context of anti-money laundering (Bank Secrecy Act and USA Patriot Act) and sanctions compliance. His practice includes assisting internationally active firms to reconcile and comply with overlapping and potentially conflicting provisions of US and international law. Recently, he has devoted substantial time to counseling clients on complying with the new requirements mandated by the Dodd-Frank Act. Tom oversees the conduct of internal investigations and defends financial services firms that are the subject of enforcement proceedings and Congressional investigations.
Tom is highly respected for his insightful corporate and regulatory counsel and for his demonstrated success in providing thoughtful strategic advice to organizations facing long-term threats to their operational viability or reputational integrity. Chambers USA 2012 notes that Tom “has a good understanding of the process of governmental agencies and sets a very good tone in working with the government."
Tom has been practicing law for more than 25 years, initially as an attorney with the US Treasury Department’s Office of Thrift Supervision. He entered private practice in 1991 and joined Mayer Brown in 2006. Prior to practicing law, he served on the staff of the Committee on Financial Services of the US House of Representatives and on the staff of the US Senate. He has represented clients before the Federal Reserve, the Department of Treasury, the Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and the Consumer Finance Protection Bureau (CFPB). Also, he has appeared before various state authorities, including in New York, California, Illinois, Florida, and the District of Columbia. In addition to financial services firms, Tom has advised foreign governments on their establishment of regulatory and enforcement systems that conform with international standards, including those specified by such bodies as the OECD’s Financial Action Task Force.