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10/25/16 - Julie Williams Talks with Politico about Potential Requirements for Fintech Companies if the OCC Issues a Charter

Promontory Managing Director Julie Williams is quoted in Politico Pro Financial Services about potential requirements that could apply to fintech companies if the Office of the Comptroller of the Currency issues a national charter.

“If they’re not taking deposits, they won't be subject to the rules that apply to taking deposits,” said Williams. “The key is to look at what they're actually doing and assume that they would be subject to the regulations that apply to that activity.”

(Article is behind a paywall.)