12/2/16 - Julie Williams Discusses OCC’s Fintech Charter Plan
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12/2/16 - Julie Williams Discusses OCC’s Fintech Charter Plan

Promontory Managing Director Julie Williams is quoted in an American Banker story about the Office of the Comptroller of the Currency’s plan to offer a national charter for fintech firms.

“The fintech charters will be subject to the full load of compliance, consumer compliance, safety and soundness regulation,” said Julie Williams, a managing director at Promontory and former top official at the OCC. “There's no regulation-lite available for a fintech charter.”