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On March 18, 2016, US Comptroller of the Currency Thomas J. Curry delivered remarks before the National Community Reinvestment Coalition, where he addressed how banks are adapting to financial technology changes...
On March 18, 2016, US Comptroller of the Currency Thomas J.
Curry delivered remarks before the National Community Reinvestment
Coalition, where he addressed how banks are adapting to financial
technology changes and the Office of the Comptroller of the
Currency's role in supporting responsible bank innovation.
Among other things, Comptroller Curry noted that the OCC will soon
publish a paper outlining its views on financial services
innovation that will enable the agency to "evaluate innovative
products, services, or processes that require regulatory approval
and identify potential risks associated with adoption."
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