Mark Chorazak

Practice Areas

Mark Chorazak is co-head of Skadden’s Financial Institutions Regulatory Group. He has extensive experience advising on the full spectrum of banking law matters, including traditional and cutting-edge bank regulatory and legislative issues. His clients range from global and regional financial institutions to fintechs and private equity sponsors.

Mr. Chorazak regularly counsels clients on issues arising under the Dodd-Frank Act, Bank Holding Company Act, Change in Bank Control Act, International Banking Act, Bank Secrecy Act and Bank Service Company Act, among other key U.S. banking laws. He also advises on authority and control questions, fintech and financial innovation issues, chartering and expansionary proposals, corporate governance practices, affiliate transaction restrictions, Volcker Rule issues, anti-money laundering and sanctions compliance, and enforcement actions. In addition, Mr. Chorazak counsels on capital and debt offerings and private investments in bank and nonbank financial institutions. He has obtained regulatory approvals on a wide range of transactions, including for some of the largest bank mergers.

Career

Prior to joining Skadden, Mr. Chorazak served as head of the U.S. bank regulatory practice and co-chair of the fintech initiative at another major international law firm.

Professional Memberships

Co-Chair, Legislation and Regulation Subcommittee, Banking Law Committee, American Bar Association

Banking Law Committee, New York City Bar Association

Board of Advisors, Center for Banking and Finance, UNC School of Law

Publications

"How 2025 is Shaping the Future of Bank Mergers So Far" (Law360; March 19, 2025); "Critical Questions Directors Should Ask During M&A Due Diligence" (Bank Director; February 4, 2025); "White House Announces First Steps Toward New Policies Supporting Cryptocurrencies and Digital Financial Technology" (Skadden Publication / Executive Briefing: Latest Updates on the Trump Administration; February 7, 2025); "Cryptocurrencies Stand To Gain From New Regulators and a Receptive Congress" (Skadden’s 2025 Insights; January 14, 2025)

Personal

Recognized by Chambers Global and Chambers USA as one of the country’s leading financial services lawyers, Mr. Chorazak has been praised by clients as “highly perceptive” and “incredibly knowledgeable” on banking law matters. In recognition of his extensive experience beyond the traditional banking sector, he has also been named one of the top fintech lawyers in the U.S. by Business Insider and one of Lawdragon’s 500 Leading Dealmakers in America.