"Ori Lev is good and understands clients and how to address their issues from a compliance perspective."
Chambers USA

Overview

Ori Lev is a partner in Mayer Brown’s Washington DC office and a member of the Financial Services Regulatory & Enforcement practice and the Consumer Financial Services group. He concentrates his practice on representing financial institutions and other companies in government enforcement matters and internal investigations, and providing regulatory advice and counsel on federal consumer financial and economic sanctions law. Ori has an extensive regulatory enforcement background, both at the Consumer Financial Protection Bureau (CFPB), where he served as a deputy enforcement director, and at the Office of Foreign Assets Control (OFAC), where he led the Office of Enforcement and served in other leadership positions. He also has substantial litigation experience. Ori also ranked in Chambers USA as Band 2 for Financial Services Regulation: Consumer Finance (Enforcement & Investigations) and Band 3 for Financial Services Regulation: Banking (Enforcement & Investigations), and he has been recognized in The Best Lawyers in America® for his work in Banking and Finance Law. In 2019, Ori was identified as one of the 25 "most respected sanctions lawyers" in Washington, DC by Global Investigations Review and since 2019, he has been listed in Who’s Who Legal’s directory of leading international sanctions lawyers.

In the consumer-finance area, Ori regularly represents clients in CFPB investigations, helps clients prepare responses to CFPB PARR letters, assists clients in preparing self-disclosures and designing and implementing remediation plans and advises clients on UDAAP and other regulatory risks. He also provides advice regarding the CFPB’s jurisdiction, authority, priorities and practices.

In the economic sanctions area, Ori conducts internal investigations, helps companies respond to OFAC subpoenas, drafts license applications and self-disclosures to OFAC, and provides advice and counsel on the applicability of OFAC regulations to a wide range of business conduct.

Prior to entering private practice, Ori served on the CFPB Implementation Team responsible for standing up the then-new agency. In that role, he was one of the principal drafters of the CFPB’s Rules of Practice for Adjudication Proceedings, which govern the agency’s handling of administrative enforcement actions, and helped develop the agency’s ARC process, governing the referral of matters from supervision to enforcement. Ori then served as a deputy enforcement director and oversaw enforcement matters from inception through investigation, settlement and litigation.

Before joining the CFPB, Ori served as a senior advisor and then as the head of enforcement at OFAC, where he was involved in OFAC’s early dollar-clearing and wire-stripping cases. He was also the principal drafter of OFAC’s Economic Sanctions Enforcement Guidelines, which set forth the framework for resolving OFAC enforcement actions.

Áreas de Enfoque

Practicas
Industrias
Cuestiones Clave

Experiencia

  • Represented banks, mortgage originators, mortgage servicers, consumer reporting agencies, retailers, lead generators and other entities in CFPB enforcement investigations concerning a broad range of issues.
  • Prepared responses to CFPB PARR letters for bank and non-bank clients, with the result being no enforcement action.
  • Advised depository and non-depository financial services clients considering self-disclosure to the CFPB, and helped frame and draft such disclosures.
  • Advised clients regarding consumer remediation plans in light of possible UDAAP or other regulatory violations.
  • Advised bank and non-bank clients on UDAAP and RESPA risk associated with a variety of business practices.
  • Conducted internal investigations related to possible OFAC sanctions violations for multi-national banks and other multi-national corporations.
  • Assisted banks and non-bank companies in responding to OFAC subpoenas.
  • Advised banking and other clients on the applicability of OFAC regulations to various business and trade practices.

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Educación

Yale Law School, JD
Editor, Yale Law Journal; Articles Editor, Yale Journal of International Law

University of Michigan, BA, with highest distinction
Phi Beta Kappa

Admisiones

Bar

  • District of Columbia

Membresías

  • Community Tax Aid, former member of the board of directors
  • Recognized among Top 10 US Lawyers Influencing Consumer Finance Regulation & Investigations by Business Today (2023)
  • Recognized by Global Investigations Review as one of the 25 most respected sanctions lawyers in Washington, DC (2019)
  • Ranked by Chambers USA (2021-2022; currently Band 2) – Financial Services Regulation: Consumer Finance (Enforcement & Investigations)
  • Ranked by Chambers USA (2019-2022; currently Band 3) – Financial Services Regulation: Banking (Enforcement & Investigations)
  • Who’s Who Legal (WWL) – Recommended: Trade & Customs (2022)