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Regulators to Harmonize How Banks Address FinTech and Service Provider Risk Management

Last week, the federal banking agencies—Federal Reserve Board (Board), Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC)—issued proposed interagency guidance ("Proposal") on...more

Back to the Future for the OCC Under New Acting Comptroller Brian Brooks

Less than one month ago, Brian Brooks assumed the position of Acting Comptroller of the Office of the Comptroller of the Currency (OCC). Upon taking the position, Acting Comptroller Brooks released a statement outlining goals...more

6/19/2020  /  Banking Sector , FinTech , OCC

NYDFS Prevails Once More in OCC FinTech Charter Challenge

On October 21, 2019, the District Court for the Southern District of New York entered a final judgment in favor of the New York State Department of Financial Services (NYDFS), blocking the Office of the Comptroller of the...more

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