Jules W. Carter

Jules focuses on financial regulatory compliance, helping institutional clients navigate complex regulatory environments and pursue business strategies that balance innovation with risk-awareness. Jules advises on various legal issues for a range of financial services providers, including globally systemic, regional, and community banks, as well as fintech companies, money services businesses, and brokerage firms. Her experience includes representing financial institution clients in response to regulatory enforcement actions and addressing the supervisory concerns of state and federal banking authorities. However, her experience is not limited to remediation efforts. She also assists clients in proactive efforts to identify and manage potential regulatory or reputational risks.

Jules is involved in significant efforts related to anti-money laundering (AML) and countering the financing of terrorism (CFT), staying up to date on significant policy developments in the AML/CFT compliance space. She has prepared training materials for compliance professionals as they reexamine their internal controls and undertake initiatives to update their compliance programs in accordance with AML/CFT legislation.

Jules also closely monitors the ever-evolving role of artificial intelligence, machine learning, and other emerging technologies as enabling capabilities for risk-based compliance in financial institutions.

Representative Experience

• Prepared regulatory submissions for a G-SIFI bank, resolving regulatory matters (Consent Orders and Matters Requiring Attention) with the Federal Reserve, OCC and CFPB
• Assisted bank clients deploying targeted marketing algorithms by reviewing model parameters and highlighting potential regulatory compliance issues
• Drafted a Customer Due Diligence, Sanctions Compliance and Export Controls Policy for a commodities exporter as part of its remediation efforts in response to sanctions compliance issues raised by the Department of Justice
• Prepared board governance playbooks for a bank holding company and each of its Material Entities as part of the holding company’s annual resolution plan submission

Notable

• Lawyers of Color Annual Hot List, 2022
• Chair, Moore & Van Allen’s Black Attorney Resource Group
• North Carolina Pro Bono Honor Society, 2020-2021

News

Insights

Publications

• "Everything You’ve Ever Wanted to Know About NFTs and Securities Regulation (and a Few Things You Didn’t)", Westlaw, August 2022
• "A Penumbra of Rights at Risk: Human Trafficking Victims’ Rights in Federal Criminal Cases", Boston University Public Interest Law Journal, 2022 [with Sarah Dohoney Byrne]
• "How FinCEN Shell Co. Rules Differ From Past BSA Standards", Law360, March 2022
• “’I believe every ICO I’ve seen is a security’: Securities regulation in the age of cryptocurrency-based investment contracts”, Westlaw, May 2021
• “Fact sheet: AML Act of 2020”, Westlaw, April 2021