At the 2017 Fintech Americas held on 5-6 October in Miami, Florida, Samuel Kramer, partner based in Chicago, had a fireside chat with Kevin Greenfield, Director for Bank Information Technology, Office of the Comptroller of the Currency, about the regulatory framework in the region. They also discussed the challenges that both regulators and banks face when pursuing or promoting an innovation and bank transformation agenda. It also provided the point of view of the key and instrumental role that regulators play in supporting the digital transformation in the Americas.
Andrew Bailey said in a key speech last year: “The FCA is an exciting place to be, the challenges come thick and fast”. The same can certainly be said of the FS sector in 2018.