Regulators still searching for best approach to fintech

OCC chief says experience of other regulators is shaping US approach

Thomas Curry OCC
Thomas Curry

Regulators worldwide are still scrambling to adapt to the growth of fintech firms, with a wide range of approaches springing up but little degree of consensus so far.

Thomas Curry, chief of the US's Office of the Comptroller of the Currency (OCC), which oversees the country's banking sector, told a conference in London today (November 3) that the US is in the process of fleshing out its approach to fintech regulation.

At the event, co-hosted by Chatham House and Reuters, Curry said the OCC was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account