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Former New York AG lawyer joins state bank regulator

A former senior attorney from the New York attorney general’s office has gone to work for Benjamin Lawsky, the state banking regulator who took on Britain’s Standard Chartered Plc last year. Maria Filipakis is the fifth lawyer from the office of Attorney General Eric Schneiderman to join Lawsky’s Department of Financial Services since the department was created in October 2011. Filipakis started last week as executive deputy superintendent for capital markets, according to Matthew Anderson, a department spokesman. She will help the agency regulate new, complex financial products. Lawsky has been building his team since he became the first Superintendent of Banking Services in 2011, when the department was formed to consolidate the state’s banking and insurance departments. More on Reuters here.

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