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Lena Kiely

Senior Counsel

New York

Image of Lena Kiely
Lena Kiely

Senior Counsel

New York

Lena Kiely is a Senior Counsel in the U.S. Financial Services Regulatory Practice, based in New York. Lena’s practice focuses on advising U.S. and non-U.S. banks and other financial institutions on a broad range of U.S. bank regulatory, transactional and compliance matters arising under U.S. banking laws and regulations, including permissible activities and investments, control issues, affiliate and insider transactions, internal corporate reorganizations, new charter and other regulatory applications, corporate governance and supervisory matters. She also advises on financial regulatory matters related to cryptocurrency and other digital asset activities.

Prior to joining Allen & Overy, Lena served as Managing Director and Chief Bank Regulatory Counsel at BNY Mellon, where she provided strategic and regulatory advice to senior management, all lines of business and risk, compliance and other corporate functions and participated in several firm governance committees.

Prior to joining BNY Mellon, Lena was Counsel at Davis Polk & Wardwell, where her practice included advising on U.S. bank regulatory matters in connection with M&A and capital markets transactions, Dodd-Frank Act implementation, living wills, and bank and bank holding company regulatory issues.

From 2002 to 2004 Lena was a law clerk for the Hon. John E. Sprizzo of the U.S. District Court for the Southern District of New York.

Lena is a member of the Banking Law Committee of the American Bar Association and of the New York City Bar Association.

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Publications: 14 June 2022

Lummis-Gillibrand Responsible Financial Innovation Act proposes comprehensive regulatory framework for digital assets in the United States

On June 7, 2022, Senator Kirsten Gillibrand (D-NY) and Senator Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (RFIA), a highly anticipated legislative proposal that, if…

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Publications: 02 June 2022

Carbon trading in the compliance and voluntary markets: Challenges, opportunities and the role of U.S. regulators

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Publications: 15 March 2022

U.S. Executive Order outlines comprehensive national policy for digital assets

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Publications: 03 February 2022

Federal Reserve Releases Paper on U.S. Central Bank Digital Currency

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New York

Allen & Overy LLP
1221 Avenue of the Americas
New York
NY 10020

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Admitted: Bar of the State of New York, 2002


J.D., Columbia Law School, 2001 
Harlan Fiske Stone Scholar; Columbia Business Law Review, Articles Editor 

B.M., Manhattan School of Music, 1997