OCC headquarters at Constitution Center
WASHINGTON, DC–The Office of the Comptroller of the Currency is establishing a new office specifically for financial tech innovation.
The office will be headed by a Chief Innovation Officer assigned to OCC headquarters with staff located in Washington, DC, New York and San Francisco. It will start out serving as a clearinghouse for requests and information on innovation, but regulation or at least guidance is on the agenda too at some point, per the responsible innovation framework [PDF] that the OCC also rolled out with the office's launch.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
