United States:
Comptroller Of The Currency Discusses Regulation Of FinTech
21 March 2017
Cadwalader, Wickersham & Taft LLP
To print this article, all you need is to be registered or login on Mondaq.com.
In a speech at the LendIt USA 2017 conference,
Comptroller of the Currency
Thomas J. Curry (i) outlined the function of the Office of the
Comptroller of the Currency ("OCC"), (ii) urged financial
industry innovators to develop strong compliance programs early on,
(iii) described the recently established Office of Innovation as a
resource to support banks and financial technology
("FinTech") companies, and (iv) defended the OCC
initiative to grant federal charters for FinTech companies involved
in banking activities.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Technology from United States
AI Legal Updates
Sheppard Mullin Richter & Hampton
The AI landscape is rapidly changing. To keep you up to date on the fast breaking legal updates in the AI space, we will be providing weekly updates summarizing significant news and legal developments...
AI In Retail And Consumer Products: Managing The Risks
Arnold & Porter
Artificial intelligence brings new opportunities and efficiencies to how companies conduct business, often working behind the scenes to transform day-to-day operations and how we live our daily lives.