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Office of the Comptroller of the Currency Rulemaking Process Regulatory Oversight

Ballard Spahr LLP

Republican senators ask financial regulators to overhaul Matters Requiring Attention process

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Republican senators on the Banking, Housing and Urban Affairs Committee are asking banking regulators to review their process of using Matters Requiring Attention (MRA) in the bank supervisory process....more

Wilson Sonsini Goodrich & Rosati

The GENIUS Act Passes: Next Steps for Regulation of Payment Stablecoins

For the first time, the U.S. has passed federal legislation dedicated to establishing a regulatory framework in the cryptocurrency space, as President Trump signed the Guiding and Establishing National Innovation for U.S....more

Bradley Arant Boult Cummings LLP

Chambers Global Practice Guide: Fintech 2021 Trends and Developments

Crisis has set the stage for fintech companies in 2021, creating both new opportunities and potentially unprecedented challenges to innovation. While the coronavirus pandemic continues to accelerate the digital transformation...more

Polsinelli

Proposed Changes to the Volcker Rule

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On January 30, 2020, the U.S. Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency, Treasury (OCC), the Board of Governors of the Federal Reserve System (“Fed”), the Federal Deposit...more

Ballard Spahr LLP

House Financial Services Committee announces January hearings on CRA, “rent-a-bank schemes,” mobile payments

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The House Financial Services Committee has announced that it will hold the following hearings this month: On January 14, the Subcommittee on Consumer Protection and Financial Institutions will hold a hearing entitled, “The...more

Ballard Spahr LLP

OCC seeks comment on modernizing CRA regulatory framework

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The Office of the Comptroller of the Currency (OCC) has issued an advance notice of proposed rulemaking (ANPR) on which it invites public comment “to solicit ideas for building a new framework to transform or on ways to...more

Ballard Spahr LLP

Comptroller Otting comments on short-term, small dollar loan bulletin, special purpose national bank charter for fintech...

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Comptroller of the Currency Joseph Otting appeared before the House Financial Services Committee yesterday and before the Senate Banking Committee yesterday....more

Ballard Spahr LLP

Comptroller Otting to appear at House and Senate hearings next week

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Comptroller of the Currency Joseph Otting is scheduled to make two appearances before Congress next week. On Wednesday, June 13, 2018, he is scheduled to appear before the House Financial Services Committee at a hearing...more

Ballard Spahr LLP

Federal regulators’ Spring 2018 rulemaking agendas: items of interest to consumer financial services providers

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In addition to the CFPB’s Spring 2018 rulemaking agenda that we have already blogged about, the Spring 2018 rulemaking agendas of several other federal agencies contain some items of interest to consumer financial services...more

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