- Represented one of the most recognizable social-media platforms on a range of payments-related matters, including payment-services agreements with U.S. and foreign entities.
- Represented a Fortune 100 company in the structure and negotiation of its processing relationship with a global payments company.
- Represented a number of merchants in the negotiation of their co-brand arrangements with financial institutions.
- Represented fintech companies, including providers of bill-payment solutions, in navigating federal and state money-transmitter laws and regulations.
- Represented multiple private investors in acquisitions of, and significant investments in, financial institutions.
- Counsel to buyers and sellers of community banks nationwide.
- Counsel to several regional banks on potential charter conversions and consideration of various regulatory regimes.
- Advised numerous clients on the relevance and practical consequences of regulatory agency rules and regulations on the banking industry.
- Advised payments companies on compliance with state money-transmitter licensing concerns.
Senior Associate,
- Phone: +1 214 922 3531
- Email: anna.chong@alston.com
Anna assists with complex financial transactions and securities filings to help clients achieve their goals.
Anna Chong is a senior associate in Alston & Bird’s Financial Services Group. She focuses her practice on the financial institution and payments industry and advises financial institutions and other public and private companies on structuring, documenting, and negotiating various payments-related agreements, capital-raising efforts, mergers and acquisitions, corporate governance, and regulatory compliance.
Anna is listed in The Best Lawyers in America® “Ones to Watch” in the Banking and Finance Law and Mergers and Acquisitions Law categories. Anna is recognized by Lawyers of Color, a nonprofit devoted to promoting diversity in the legal profession, on its “Hot List 2023.”
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Webinar May 22, 2024Financial Services CLE: Practical Skills for AssociatesPlease join us for a Structured & Warehouse Team training led by Anna Chong and Caroline Dailey.Webinar May 22, 2024Financial Services CLE: Practical Skills for AssociatesPlease join us for a Structured & Warehouse Team training led by Anna Chong and Caroline Dailey.
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In the News August 18, 2023The Texas Lawbook | P.S. — Hope for Humanity, Rising Women, the Hot ListAnna Chong is noted for her recognition by the nonprofit Lawyers of Color on their “2023 Hot List”.In the News August 18, 2023The Texas Lawbook | P.S. — Hope for Humanity, Rising Women, the Hot ListAnna Chong is noted for her recognition by the nonprofit Lawyers of Color on their “2023 Hot List”.
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In the News May 13, 2022Global Legal Chronicle | Redwood Trust’s Acquisition of Riverbend LendingMichael Kessler, David E. Brown, Patrick Hanchey, Anna Chong, Jordan Jensen, Brian Harvel, Brett Coburn, Blake MacKay, Kerry Wenzel, and David Teske are noted for representing Riverbend Lending in its acquisition by Redwood Trust.In the News May 13, 2022Global Legal Chronicle | Redwood Trust’s Acquisition of Riverbend LendingMichael Kessler, David E. Brown, Patrick Hanchey, Anna Chong, Jordan Jensen, Brian Harvel, Brett Coburn, Blake MacKay, Kerry Wenzel, and David Teske are noted for representing Riverbend Lending in its acquisition by Redwood Trust.
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Press Release May 6, 2022Riverbend Lending to Be Acquired by Redwood TrustAlston & Bird client Riverbend Lending, a best-in-class private mortgage lender to residential transitional and commercial real estate investors, will be acquired by Redwood Trust, a leader in expanding access to housing for homebuyers and renters.Press Release May 6, 2022Riverbend Lending to Be Acquired by Redwood TrustAlston & Bird client Riverbend Lending, a best-in-class private mortgage lender to residential transitional and commercial real estate investors, will be acquired by Redwood Trust, a leader in expanding access to housing for homebuyers and renters.
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General Publications October 2020“No More Grading on a Curve: OCC Revamps Its Community Reinvestment Act Rules,” The Banking Law Journal, October 2020.This article discusses the Office of the Comptroller of the Currency’s new framework for the Community Reinvestment Act (CRA) and its four basic changes: clarifying and expanding activities that qualify for CRA credit; delineation of assessment areas; methods for evaluating CRA performance; and data collection, recordkeeping, and reporting requirements.General Publications October 2020“No More Grading on a Curve: OCC Revamps Its Community Reinvestment Act Rules,” The Banking Law Journal, October 2020.This article discusses the Office of the Comptroller of the Currency’s new framework for the Community Reinvestment Act (CRA) and its four basic changes: clarifying and expanding activities that qualify for CRA credit; delineation of assessment areas; methods for evaluating CRA performance; and data collection, recordkeeping, and reporting requirements.
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Advisories September 10, 2020Financial Services & Products / Antitrust Advisory: DOJ Antitrust Division Considers Changing Its Bank Merger Review GuidelinesBanking has evolved over the quarter century since the Department of Justice Antitrust Division released its 1995 Bank Merger Competitive Review Guidelines. Our Financial Services & Products and Antitrust groups explain what you need to know as the division considers an overhaul to the guidelines.
Advisories September 10, 2020Financial Services & Products / Antitrust Advisory: DOJ Antitrust Division Considers Changing Its Bank Merger Review GuidelinesBanking has evolved over the quarter century since the Department of Justice Antitrust Division released its 1995 Bank Merger Competitive Review Guidelines. Our Financial Services & Products and Antitrust groups explain what you need to know as the division considers an overhaul to the guidelines.
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Financial Services Advisory August 10, 2020Financial Services & Products Advisory: It’s Not Over Yet: FFIEC Issues Guidance for Additional Loan AccommodationsAs the coronavirus (COVID-19) pandemic continues, loan accommodation periods first instituted under the CARES Act in the spring are beginning to expire. Our Financial Services & Products Group analyzes the latest guidance from federal banking regulators to aid financial institutions that seek to continue to accommodate borrowers still reeling from the pandemic.Financial Services Advisory August 10, 2020Financial Services & Products Advisory: It’s Not Over Yet: FFIEC Issues Guidance for Additional Loan AccommodationsAs the coronavirus (COVID-19) pandemic continues, loan accommodation periods first instituted under the CARES Act in the spring are beginning to expire. Our Financial Services & Products Group analyzes the latest guidance from federal banking regulators to aid financial institutions that seek to continue to accommodate borrowers still reeling from the pandemic.
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Advisories June 4, 2020Financial Services & Products Advisory: No More Grading on a Curve: OCC Revamps Its Community Reinvestment Act RulesOur Financial Services & Products Group distills the Office of the Comptroller of the Currency’s new framework for the Community Reinvestment Act into four basic changes.Advisories June 4, 2020Financial Services & Products Advisory: No More Grading on a Curve: OCC Revamps Its Community Reinvestment Act RulesOur Financial Services & Products Group distills the Office of the Comptroller of the Currency’s new framework for the Community Reinvestment Act into four basic changes.
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General Publications May 2020“What’s Your Leverage? Most Community Banks Can ‘Opt In’ to the Community Bank Leverage Ratio Framework,” The Banking Law Journal, May 2020.This article examines how the new community bank leverage ratio could reduce regulatory burdens on some community banks – and the risks involved.General Publications May 2020“What’s Your Leverage? Most Community Banks Can ‘Opt In’ to the Community Bank Leverage Ratio Framework,” The Banking Law Journal, May 2020.This article examines how the new community bank leverage ratio could reduce regulatory burdens on some community banks – and the risks involved.
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Financial Services Advisory April 9, 2020Financial Services & Products Advisory: Agencies Update Their Interagency Statement on Reporting Loan ModificationsOur Financial Services & Products Group discusses how federal agencies are clarifying how the Coronavirus Aid, Relief, and Economic Security (CARES) Act interacts with their previous statement on loan modifications and reporting during the coronavirus pandemic.Financial Services Advisory April 9, 2020Financial Services & Products Advisory: Agencies Update Their Interagency Statement on Reporting Loan ModificationsOur Financial Services & Products Group discusses how federal agencies are clarifying how the Coronavirus Aid, Relief, and Economic Security (CARES) Act interacts with their previous statement on loan modifications and reporting during the coronavirus pandemic.
Languages
- Korean
Bar Admissions
- Texas
Education
- University of Texas at Austin (J.D., 2018)
- Trinity University (B.A., 2015)