New York State Department of Financial Services Challenges OCC Authority on Fintech Charters
Data Matters
SEPTEMBER 20, 2018
Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.
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