Skip to main content

Past Event
7 February 2017

Registration & Lunch
12:00 p.m. – 12:15 p.m.

Program & Lunch
12:15 p.m. – 2:00 p.m.


  • Melanie Brody
    T +1 202 263 3304
  • Jonathan D. Jaffe
    T +1 650 331 2085

Consumer Finance Luncheon Briefing

On December 2, 2016, the US Office of the Comptroller of the Currency (OCC) announced that it will begin considering applications for a special-purpose national bank charter from fintech companies. This announcement was the culmination of a lengthy period of consideration by the OCC and discussions with various stakeholders.

Please join attorneys from Mayer Brown’s Washington DC and Palo Alto offices for a luncheon briefing highlighting:

  • Potential benefits to payment companies, consumer and commercial lenders and other types of technology companies
  • How the special-purpose bank charter can help lower compliance costs, particularly in the areas of licensing and usury
  • Key features of this charter and the related supervisory expectations (including capital requirements and change-of-control approvals)
  • Application and chartering process

We also will address how the new administration may impact existing Consumer Financial Protection Bureau (CFPB) enforcement actions and regulatory proposals.

The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.