At a conference held in New York, senior regulators discussed developments in data reporting, clearing and settlement, and the ongoing evolution of Treasury Market structure and liquidity.
News & Insights
The Office of the Comptroller of the Currency proposed rules that would enable federal savings associations to adapt more easily to new economic conditions and business environments without changing their charters.
Acting Comptroller of the Currency Michael J. Hsu underscored the need to "modernize the regulatory perimeter," by subjecting FinTech and crypto firms that offer banking services to the banking regulatory framework.
Acting Comptroller of the Currency Keith A. Noreika discussed agency support for responsible financial innovation and granting national bank charters to FinTech companies.
The FDIC adopted amended registration requirements for insured state nonmember banks and their subsidiaries when acting as transfer agents for qualifying securities.