Fintech Week in Review - January 2021 #3 | Perkins Coie
Weekly Fintech Focus The CFPB finalizes its rule clarifying the role of supervisory guidance. Federal banking regulators issue FAQs on SAR filing obligations. The Federal Reserve continues to support the development of AI in financial services. OCC Issues Ruling Permitting National Banks to Use Certain Blockchain Technologies California issues proposed rules for sharing data on marijuana-related businesses to promote due diligence and KYC efforts. Federal Regulation Actions Frozen Pending Review from New Administration On January 20, 2021, newly inaugurated President Joe Biden issued a memora...