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New York, NY

David L. Portilla

Davis Polk & Wardwell LLP
Business Regulation & Regulated Industries


    David L. Portilla (Partner, Financial Institutions) advises non-U.S. and U.S. banking organizations and nonbank financial institutions on a range of M&A, regulation, policy, enforcement and governance matters – including the full gamut of the prudential regulatory framework. He has a notable reputation in enhanced prudential standards for large banks, the Volcker Rule, the prudential regulation of nonbank firms, and innovation-related and cryptoasset issues. He is well known for thought leadership and spearheading advocacy efforts for clients.

    David served as a senior policy advisor to the Treasury Department’s Financial Stability Oversight Council at its launch following the 2010 Dodd-Frank Act. He helped develop the FSOC’s initial substantive agenda, procedures and governance, and worked on Dodd-Frank implementation and other financial regulatory issues.

    His work has been recognized by Chambers, Legal 500, IFLR1000 and Law360, which named David a 2022 Fintech MVP. He co-chairs the ABA Banking Law Committee’s SIFI subcommittee.


    • Chambers USA – Financial Services Regulation: Banking (Compliance)
    • Legal 500 U.S. – Financial Services Regulation
    • IFLR1000 – Banking and Financial Services Regulatory, United States, Rising Star
    • National Law Journal – “Cryptocurrency/Blockchain/Fintech Trailblazer,” 2022
    • Law360 – “Fintech MVP of the Year,” 2022
    • Global Banking Regulation Review – “45 Under 45,” 2020

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