FinTech Regulatory Update

Companies operating in the FinTech space have challenged policymakers to reflect on the most appropriate regulatory framework that encourages the growth of innovative technologies yet addresses important public policy considerations. Panelists will discuss the U.S. approach to FinTech regulation with an emphasis on recent developments, including the July 2018 announcement from the Office of the Comptroller of the Currency the it will begin accepting applications from FinTech companies for its special-purpose national bank charter and the U.S. Department of the Treasury report on nonbank financials, FinTech, and innovation.  Join attorneys Khalil Maalouf, Lindsey Randall, and Kelvina Smith as they address these exciting regulatory matters.

Learning Objectives:

1. Address key regulations impacting FinTech companies, including anti-money laundering compliance, and federal and state chartering options
2. Identify advantages and risks to the "bank-partnership" model considered by many banks and FinTech companies
3. Discuss bank investment in FinTech companies and the impact of key regulations affecting these types of investments‎