Ensuring Federal Regulatory Compliance During the FinTech Revolution

April 30, 2018 10:00am

Dmitry V. Chesnokov
Assistant Director — Supervisory Attorney and Senior Technology Officer
U.S. Securities and Exchange Commission (SEC) (Washington, DC)

Darren Lubetzky
Federal Trade Commission (FTC) Northeast Region (Washington, DC)

Jim Wilde
Senior Sanctions Advisor, Banking
Office of Foreign Assets Control (OFAC)

Jeffrey Steiner
Gibson, Dunn & Crutcher LLP (Washington, DC)

JiJi Park
Partner, Co-Leader of FinTech, Payments & Blockchain Focus Team
Pillsbury Winthrop Shaw Pittman LLP

  • Assessing how federal regulators are viewing the rapidly evolving FinTech and payments landscapes
  • Examining the OCC FinTech Charter and recent applications for Industrial Loan Charters with the FDIC
  • Identifying what products, services and innovations are of the most concern to the federal regulatory and enforcement agencies and why
  • Analyzing the latest areas of regulatory scrutiny surrounding money transmission, virtual/cryptocurrencies, mobile wallets and payments, etc.
  • To what extent are federal regulators concerned about stifling innovation, and what steps are they taking to lessen the potential for regulation to negatively impact innovation?
  • Understanding best practices for complying with new and emerging mandates from the key federal agencies overseeing FinTech and payment systems
  • What regulatory agencies have launched initiatives designed to facilitate positive interactions between regulators and FinTech startups and innovators?
    • What do these initiatives look like, and how are they advancing thus far?