What's new in third party risk management this week? Read below to find out the progression of the OCC's proposed Fintech charter, what Mulvaney is doing regarding the CFPB, a possible OCC and CFPB collaboration, Janet Yellen's good-bye present to Wells Fargo on her last day as chair of the Federal Reserve and more.
Industry News for the Week of Feb 5
Outstanding analysis of the proposed Fintech charter and the challenges to it: Read here
Nothing earth-shattering here but a good reminder of compliance requirements nowadays:Read here
Mulvaney reduces the supervisory authority of the CFPB: Read here
Pyrrhic victory for the CFPB in court case – ruled Constitutional but cited for $100 MM error: Read here
No surprise here – regulators feel FinTech should have to follow banking regulations:Read here
CFPB slows enforcement actions, including Equifax: Read here
States step in to assert regulatory authority over Fintech’s and MSB’s: Read here
JD Supra and Ballard Spahr on CFPB’s freeze on Equifax: Read here
OCC and CFPB collaboration? Read here
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