Following ongoing efforts to promote the expansiveness of the national bank charter, on July 22, 2020, the Office of the Comptroller of the Currency (OCC) issued an interpretive letter confirming the authority of a national...more
8/6/2020
/ Banking Regulators ,
Banking Sector ,
Cryptocurrency ,
Digital Currency ,
Financial Markets ,
Financial Regulatory Reform ,
FinTech ,
Internal Controls ,
Interpretive Letters ,
National Bank Charters ,
OCC
Why it matters -
Marketplace lending has exploded onto the scene and become a multibillion-dollar industry. Hoping to capitalize on the gold rush of consumers turning to websites to borrow money, Goldman Sachs announced...more