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pgnelson@wbcfinancial.com
Professional Experience:
Mr. Nelson
is a principal of WBC Financial Group. Prior to joining WBC, Mr.
Nelson served as Senior Vice President of IBJ Whitehall Financial
Group (part of the Mizuho Group) with responsibility for regulatory
compliance, bank secrecy, government affairs, community reinvestment
and ethics.
Previously he was a senior member
of the PricewaterhouseCoopers Regulatory Advisory Services
practice. At PwC
he specialized in advice to financial institutions on
compliance matters, especially those involving private banking,
investment management and fiduciary activities. He
created and advised on compliance programs for many of the U.S.
branches and agencies of major foreign banks.
The compliance programs included new
compliance manuals and management action plans. He
advised managements of many of the country's leading brokerages of
the requirements that would apply to their newly licensed
federal trust companies. As a part of the engagements he
developed management action plans and internal control
programs.
He has also served as a General
Counsel of the House of Representatives Committee on Banking Finance
and Urban Affairs, and with the Comptroller of the Currency as
senior attorney and acting Regional Counsel. With the Banking
Committee he was instrumental in developing legislation that became
the Garn - St Germain Act. With the Comptroller of the
Currency he developed policy positions on trust, lending and
financing issues.
In the
private practice of law he represented financial services companies,
specializing in legislative services and representation of nonbank
financial institutions. He was a partner in Nelson &
Yudin, a partner in Hamilton and Hamilton and of counsel to Cameron
& Hornbostel.
Publications:
A Guide to
the FDIC Improvement Act (Price
Waterhouse)
A Regulatory
Guide for Foreign Banks in the
United States (Price
Waterhouse)
Regulatory
Risk Management Handbook (PricewaterhouseCoopers)
[editor]
PricewaterhouseCoopers Regulatory Handbook Series
Education:
A.B. --
Colgate
University
J.D. --
George
Washington
University
L.L.M.
(taxation) -- George
Washington
University
Certificate
– Pacific
Coast
Banking
School
Contact:
Direct
lines: (202) 362-5974 (Voice) or (202) 362-0519
(Fax)
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