HomeFeb 1, 2018Feb 1, 2018
Search Results for "Basel Committee on Banking Supervision"
2 results for "Basel Committee on Banking Supervision"
Deals 2
Basel Committee Publishes Fintech Sound Practices for Banks and Supervisors
The Basel Committee on Banking Supervision published 'Sound Practices: Implications of Fintech Developments for Banks and Bank Supervisors.' The guidance addresses risks and opportunities from bank-fintech partnerships and technology adoption. It sets expectations for how supervisors should approach fintech-related activities at banks.
OCC Outlines Evaluation Framework for Fintech Bank Charter Applications
The Office of the Comptroller of the Currency outlined how it would evaluate fintech companies applying for a special purpose national bank charter. This signaled the agency's openness to considering fintech charter applications and established criteria for future applicants. The move was a key step in the U.S. regulatory framework for fintech banking.