Elizabeth S. Boison

Liz Boison is a partner and member of Chapman's Banking and Financial Services Department and Compliance, Regulatory and Payments Group. She advises state and national banks and credit unions, financial technology companies, investment companies, and other financial institutions on compliance, examination, and enforcement matters. A former federal prosecutor, bank regulatory enforcement attorney, and senior counselor, Liz leverages her financial regulatory counseling and litigation experience to help clients prevent and resolve criminal and civil anti-money laundering (AML), sanctions, and consumer protection matters.

Liz guides financial institutions, boards, and individual executives through confidential bank regulator interactions, exams, enforcement matters and remediation involving the OCC, NCUA, FDIC, NYDFS, and Federal Reserve Board, including referrals to DOJ. She prepares bank and non-bank institutions, fintechs, and Web3 companies for M&A transactions, audits, and market monitoring/rulemaking activity. She counsels fintech companies at the beginning stages of compliance program development and throughout the full product life cycle, advising along the way on marketing and consumer protection strategies and bank partnerships. In the cryptocurrency space, she advises on US licensing and regulatory questions related to digital wallets and digital identity.

Working in the United States Department of Justice's (DOJ) Criminal Division, Money Laundering and Asset Recovery Section (MLARS), at a US Attorney’s Office, and as part of DOJ’s specialized digital assets and cryptocurrency enforcement team, Liz led investigations and court proceedings relating to international money laundering, sanctions, consumer protection, and bribery, including matters under the Bank Secrecy Act (BSA), the International Emergency Economic Powers Act (IEEPA), and various criminal fraud statutes. She has handled global resolutions among federal agencies, including the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), the United States Treasury's Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC), as well as foreign regulators and state attorneys general.

Prior to the DOJ, Liz served as Senior Counsel to the Deputy Director and Associate Director for Supervision, Enforcement, and Fair Lending at the Consumer Financial Protection Bureau (CFPB). As one of the earliest members of the CFPB's Office of Enforcement, Liz led some of the agency's first litigation in US district court. Prior to the CFPB, Liz managed a national bank's online banking products, and ran strategic partnerships at a fintech startup.