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Financial Regulatory Reform Innovation Financial Institutions

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 57: Opening a Path for New Bank Formations

The Klaros Group’s Michele Alt joins Orrick partners Jerry Buckley, Caroline Stapleton and Walt Zalenski to explore actions needed to facilitate new bank formations, which have slowed to trickle in recent years. The...more

A&O Shearman

Global Financial Innovation Network report on use of consumer-facing AI in global financial services

A&O Shearman on

The Global Financial Innovation Network has published a report summarizing discussions led by the U.K. Financial Conduct Authority and the Dubai Financial Services Authority on the use of consumer-facing AI in global...more

Troutman Pepper Locke

The CFPB Issues Revised Sandbox and No-Action Letter Policies

Troutman Pepper Locke on

Earlier this month, the Consumer Financial Protection Bureau (CFPB or Bureau) issued new policy statements regarding its Compliance Assistance Sandbox (CAS) and No-Action Letters (NAL) programs. ...more

Troutman Pepper Locke

Federal Reserve Bank of San Francisco and DFPI Office of Financial Technology Innovation’s Office Hours

Troutman Pepper Locke on

These office hours provide a one-to-one engagement opportunity for organizations to share their stories, offer viewpoints, or gain insights into the regulatory and supervisory landscape....more

Ballard Spahr LLP

Congressional Representatives Express Concern Regarding FDIC’s Regulation of FinTech Firms and Financial Innovation

Ballard Spahr LLP on

On February 2, 2024, three Republican members of the House Financial Services Committee sent a letter to Federal Deposit Insurance Corporation (“FDIC”) Chair Martin Gruenberg expressing concern regarding what the congressmen...more

Ballard Spahr LLP

House Financial Committee to hold Dec. 5 hearing on financial innovation

Ballard Spahr LLP on

Today, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Inclusion will hold a hearing entitled “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape...more

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