Michael Nonaka

Partner at Covington & Burling LLP

Michael Nonaka

Michael Nonaka

Partner at Covington & Burling LLP

Biography

Michael Nonaka is co-chair of the Financial Services Group and advises banks, financial services providers, and non-bank companies on a broad range of compliance, enforcement, transactional, and legislative matters. He has worked extensively with federal and state banking agencies and with other federal agencies authorized to regulate financial services. Mr. Nonaka also plays an active role in the firm’s Fintech Initiative and works with a number of banks, lending companies, money transmitters, payments firms, technology companies, and service providers on innovative technologies such as blockchain, bitcoin and other cryptocurrencies, big data, cloud computing, same day payments, and online lending.

Mr. Nonaka has significant experience advising clients on issues arising under financial services legislation such as the Economic Growth, Regulatory Relief, and Consumer Protection Act and Dodd-Frank Wall Street Reform and Consumer Protection Act. He has advised clients on, among other areas, regulation as a systemically important financial institution, resolution planning, the Federal Deposit Insurance Corporation’s orderly liquidation authority under Title II, and the scope of the Consumer Financial Protection Bureau’s authority.

Mr. Nonaka also has advised a number of clients on compliance with TILA, ECOA, TISA, HMDA, FCRA, EFTA, GLBA, FDCPA, CRA, BSA, USA PATRIOT Act, FTC Act, Reg. K, Reg. O, Reg. W, Reg. Y, state money transmitter laws, state licensed lender laws, state unclaimed property laws, state prepaid access laws, and other federal and state laws and regulations.

Overview
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Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Boies, Schiller & Flexner LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Partner at Covington & Burling LLP

Relationship likelihood: Strong

Chief Operating Officer at Covington & Burling LLP

Relationship likelihood: Strong

General Counsel at Covington & Burling LLP

Relationship likelihood: Strong

In The News
The Washington Post
September 21, 2017
Fairfax Countyhome sales
PR Newswire
October 1, 2015
Covington Promotes Nine New Partners
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Michael Nonaka
Partner at Covington & Burling LLP
Career History
Partner
Current

Covington & Burling LLP provides legal consulting services. They represent clients in litigation, white collar defense, transactional, governmental affairs, international, life sciences and other matters. The firm offers legal services related to intellectual property, international trade, mergers & acquisitions and tax practices. The company was founded by J. Harry Covington and Edward B. Burling on January 1, 1919 and is headquartered in Washington, DC.

Transactions
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WSFS Financial Corp. purchases Beneficial Bancorp, Inc.

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Advent International Corp. purchases Prisma Medios de Pago SA from Banco Santander Río SA

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People's United Financial, Inc. purchases Financial Federal Corp.

Other Affiliations

Michael Nonaka is affiliated with Covington & Burling LLP

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