Treasury Report to Weigh in on Fintech Regulation

By American Banker

Craig Phillips, a top Treasury Department official, recently announced that the administration’s forthcoming report on regulating nonbanks will tackle questions around financial technology companies and whether they need to be regulated more like banks. Since Insurance companies fall into the category of nonbank financial institutions this report has the potential to impact insurers as well as insurance technology.

Read more here [Subscription Required].

07 Mar 2018

Tagged in: fintech, regulation

Related Content