Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: FinTech

OCC Issues FAQs on Managing Third-Party Relationships

Posted in Banking
On June 7, the Office of the Comptroller of the Currency (OCC) issued frequently asked questions (FAQs) to supplement OCC Bulletin 2013-29, “Third-Party Relationships: Risk Management Guidance,” which was originally issued on October 30, 2013. These FAQs address questions from national banks and federal savings associations. The FAQs and underlying OCC Bulletin 2013-29 apply to… Continue Reading

CFTC Launches LabCFTC as Major FinTech Initiative

Posted in CFTC
On May 17, the Commodity Futures Trading Commission announced the creation of LabCFTC, a new initiative aimed at promoting responsible FinTech innovation to improve the quality, resiliency, and competitiveness of the markets the CFTC oversees. The core components of LabCFTC are: (1) GuidePoint, which will serve as a dedicated point of contact for FinTech innovators… Continue Reading

ESMA Official Gives Speech on FinTech

Posted in EU Developments, Financial Markets
On September 27, Patrick Armstrong, a senior risk analysis officer in the Innovation and Products Team of the European Securities and Markets Authority (ESMA), delivered a speech discussing regulatory opportunities and challenges for financial technology (FinTech) in the European Union. Mr. Armstrong covered a broad range of topics in relation to FinTech, including: (1) the… Continue Reading