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Tom Curry Quoted on the OCC’s Proposed Fintech Charter in Global Risk Regulator

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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and a co-leader of the firm’s Banking and Financial Services group, discussed the OCC’s federal fintech charter in Global Risk Regulator. In the article, “OCC’s renewed banking charter push proves controversial with regulators and banks,” Tom stated that the rise of non-banks in the payments system increases questions about monetary policy and financial stability. “You really need a central bank or national supervisor weighing in; delegating that that to local supervisors doesn’t make sense,” Tom said.

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