FinTech companies: Chartering relief is here Dec. 7, 2016

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The Office of the Comptroller of the Currency has announced that it plans to create a Special Purpose National Bank Charter for FinTech Companies. Expected to greatly ease the regulatory burden on qualified organizations and expand their opportunities in the United States, some of the potential advantages of the Special Purpose Charter need further clarification.

dentons_logo_purple_rgbThis article from the law firm Dentons US LLP examines the FinTech needs addressed by the Special Purchase Charter and the overall regulatory environment Special Purpose Charters will operate under in the new regime. Read more here http://www.dentons.com/en/insights/alerts/2016/december/5/fintech-companies-chartering-relief-is-ere

Organization Type: Business Enterprise
Article Type: Expert Article
Industry: Financial Technology
Focus: General Info
Location: Statewide
Read the Full Article here

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