ARTICLE
24 September 2019

CFPB Considers Using "Tech Sprints" To Encourage Regulatory Innovation

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The CFPB requested feedback on inviting regulators, technologists and others to compete to solve regulatory compliance challenges in competitions
United States Finance and Banking

The CFPB requested feedback on inviting regulators, technologists and others to compete to solve regulatory compliance challenges in competitions known as "Tech Sprints." The CFPB noted that the UK Financial Conduct Authority has organized seven Tech Sprints since 2016.

Comments must be submitted by November 8, 2019.

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