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RegFi Episode 29: The CFPB’s Expanding Supervisory Authority of Fintechs and Other Non-Banks

In our latest look at the CFPB’s expanding supervisory authority of fintechs and other non-bank financial service providers, RegFi cohosts Jerry Buckley and Sasha Leonhardt welcome fellow Orrick partner — and former deputy...more

RegFi Episode 28: Preparing Financial Systems for Post-Quantum Cyber Risk

Rick Bueno, the president and CEO of Cyber Reliant Corp, joins RegFi cohosts Jerry Buckley and Sasha Leonhardt to share his insights about post-quantum cyber risk. Rick explains how the exponential difference in computing...more

RegFi Episode 27: The Evolving Data Security Environment for Financial Services Providers

Data is the lifeblood of the financial system, making cybersecurity threats a critical economic and national security risk. During this episode, RegFi cohosts Jerry Buckley, Sherry Safchuk and Sasha Leonhardt explore the...more

RegFi Episode 24: What will Supervisory Exams Look Like for Tech Companies under CFPB’s Proposed “Larger Participant” Rule?

The CFPB’s Proposed Larger Participant Rule for Payments Providers, if adopted, will subject large tech companies providing payments services and mobile wallets to bank-like supervisory examinations of their payments...more

RegFi Episode 23: Regulatory Tech Innovation Accelerating Around the Globe: Nick Cook Describes Trends

Nick Cook joins RegFi cohosts Jerry Buckley and Sasha Leonhardt for a conversation about how regulators globally are approaching technological innovation, both in the markets they supervise and within their own operations....more

RegFi Episode 22: Data Sharing and the 1033 Rule: An Industry Perspective with Ramon Gomez

Ramon Gomez — Managing Director, Regulatory Affairs at JPMorgan Chase — joins RegFi cohosts Jerry Buckley and Sasha Leonhardt for a conversation about Section 1033 of the Dodd-Frank Act and its implications for consumer data...more

RegFi Episode 18: Credit Unions, Fintech and Financial Innovation with Rodney Hood

Credit unions have been a crucial component of the American financial services ecosystem for over a century. Rodney Hood – former Chair of the National Credit Union Administration (NCUA) – joins RegFi co-hosts Jerry Buckley...more

RegFi Episode 17: Driving Consumer Access Through Digital Transformation with Nat Hoopes

In this RegFi episode, co-hosts Jerry Buckley and Sasha Leonhardt talk with Nat Hoopes, Head of Public Policy and Regulatory Affairs at Upstart. Nat shares insights into how fintech lending platforms can augment and improve...more

RegFi Episode 15: Bank-like Supervision for Big Tech? A Look at the CFPB’s “Larger Participant” Rule

The CFPB’s proposed rulemaking on digital wallets and payment apps would bring new regulatory supervision and compliance obligations to technology companies. RegFi co-hosts Jerry Buckley, Sasha Leonhardt, Sherry Safchuk and...more

RegFi Episode 12: Building Bridges to Credit Access with Dara Duguay

The United States has built a world-leading consumer credit sector, but many Americans cannot access reasonably priced credit. Dara Duguay, CEO of Credit Builders Alliance, shares her insights about policy changes,...more

New York Department of Financial Services Finalizes Amended Cybersecurity Regulations

On November 1, the New York Department of Financial Services (NYDFS) amended its cybersecurity regulations to set additional notification, administrative, training and technical requirements. The Amended Cybersecurity...more

RegFi Episode 10: Raj Date Foresees Unprecedented Change in Financial Services Sector. Regulators’ Challenge: Keeping Pace

Raj Date, who took the lead in standing up the CFPB 12 years ago, sees significant and accelerating change ahead for the financial services industry. Whether regulators can keep up — protecting financial stability without...more

RegFi Episode 9: Consumer Data Collection and Usage with Eric Ellman [Audio]

Eric J. Ellman, Senior Vice President, Public Policy & Legal Affairs at the Consumer Data Industry Association (CDIA), joins RegFi hosts Jerry Buckley and Sasha Leonhardt for a conversation about the ever-evolving landscape...more

RegFi Episode 6: Modernizing Financial Regulation with Jo Ann Barefoot [Audio]

Jo Ann Barefoot joins RegFi hosts Jerry Buckley and Sasha Leonhardt for a conversation about the challenges in modernizing financial regulation and the potential for technology to facilitate a more fair, inclusive, and...more

RegFi Special Episode: The CFPB's 1033 Rule in a Nutshell [Audio]

Join us for this bonus episode where the RegFi hosts share their initial reactions to the CFPB’s proposed rule on Personal Financial Data Rights. The proposed rule, which implements Section 1033 of the Dodd-Frank Act,...more

RegFi Episode 3: Fintechs and the Evolving Regulatory Landscape with Phil Goldfeder [Audio]

Phil Goldfeder, CEO of the American Fintech Council, joins hosts Jerry Buckley and Sasha Leonhardt to discuss the Federal Reserve’s Novel Activities Supervision Program and the challenges fintech companies face in navigating...more

10/11/2023

RegFi Episode 1: Welcome to RegFi - Financial Regulation for the Digital Economy [Audio]

The hosts of RegFi – Orrick partners Jerry Buckley, Sasha Leonhardt, Sherry Safchuk, and Caroline Stapleton – introduce the goals of the podcast and share what they look forward to learning in upcoming conversations with...more

10/4/2023

Banking Agencies Issue Guidance on Managing Risks with Fintechs and Other Third Parties: How It May Affect Your Business

After a nearly two-year notice and comment period, the Comptroller of the Currency, Federal Deposit Insurance Corporation and Federal Reserve have published much-anticipated final guidance for banks on managing risks...more

8/25/2023  /  Banking Sector , Banks , FDIC , Federal Reserve , OCC

U.S. Privacy Regulation: What’s Next for Financial Institutions?

The privacy legal and regulatory landscape is changing quickly in the United States – particularly for financial institutions, which hold significant volumes of consumer data and are already subject to a complicated universe...more

CFPB’s Policy Statement Attempts to Clarify “Abusive” Conduct

On April 3, 2023, the Consumer Financial Protection Bureau (CFPB) issued a policy statement on its interpretation of the prohibition on abusive conduct under the Consumer Financial Protection Act (CFPA). Director Rohit Chopra...more

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