US regulator consults on framework for FinTech and Responsible Innovation
The Office of the Comptroller of the Currency (OCC) has published the white paper “Supporting Responsible Innovation in the Federal Banking System”. The paper describes the OCC’s vision for responsible innovation in the federal banking system and discusses the principles that will guide the development of our framework for evaluating new and innovative financial products and services asking all stakeholders for feedback on the proposed framework. While innovation …
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