Craig Lawrence Hymowitz
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Craig Hymowitz is a seasoned financial crime compliance executive. As General Counsel of COR Clearing LLP, Craig was hired to oversee the company’s compliance and remediation obligations following their consent to a $1 million FINRA penalty. Before joining COR, Craig was hired as Associate General Counsel of Sterne, Agee & Leach, Inc. to advise their compliance department on the restructuring of its anti-money laundering policies and procedures and transaction monitoring system. Prior to going in-house, Craig was a partner at Blank Rome LLP in their Litigation and White Collar Defense and Investigations departments. While there, he co-founded and co-chaired the firm’s Anti-Money Laundering and Economic Sanctions working group. Craig brings extensive experience advising executive leadership and business units on the evolving anti-money laundering, economic sanctions, anti-bribery and corruption compliance risks. His practice is focused on representing regulated entities in their dealings with state and federal regulators, law enforcement and self-regulatory organizations. He has represented banks, broker-dealers, and other financial institutions prepare for and defend themselves during regular and for cause examinations, helped negotiate and respond to regulatory findings, defended firms during enforcement actions, and oversaw any required remediation. With a background in investigative journalism, internal investigations, and risk management Craig is highly skilled at assessing the specific legal, contractual, and regulatory risks facing financial institutions. He has built a reputation as a collaborative advisor dedicated to assisting his clients identify, navigate, and mitigate potential legal risks before they become legal problems. Craig received his J.D. from the University of Pennsylvania Law School and his B.A. cum laude from Cornell University. He is AV peer review rated and a Certified Anti-Money Laundering Specialist (CAMS).
About Banking Law
Banking attorneys advise financial institutions on regulatory compliance, transactions, and litigation. They help banks navigate complex financial regulations. Common matters include regulatory compliance, loan transactions, bank litigation, consumer finance.