PMA actively represents financial institutions, banks, and bank holding companies doing business in Puerto Rico. Our attorneys have experience in a wide range of regulatory and transactional matters, including acquisitions and chartering of financial institutions. We have substantial experience in dealing with federal and local banking regulators. Our attorneys have represented clients in matters before the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the Puerto Rico Commissioner of Financial Institutions. We have particular expertise in the application of federal laws and regulations, such as Regulation K, to Puerto Rico financial institutions. Our attorneys have advised several clients regarding the organization of international banking entities under the Puerto Rico International Banking Center Regulatory Act. The Firm has also participated in many of the most important merger and acquisition transactions involving financial institutions in Puerto Rico. PMA also regularly represents banks and bank holding companies in capital market transactions, including the issuance of equity securities, trust preferred securities and structured notes.