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.
At the 2017 Fintech Americas held in Miami, Florida on 5-6 October, Samuel Kramer moderated a panel discussion on “CLOUD COMPUTING: Regulatory Realities of Cloud Computing for the Financial Services Industry in LATAM.”
Dave Dadoun, Assistant General Counsel, Microsoft
Jeronimo Piña, Software and Cloud Solutions Research Manager LA, IDC
While each regulator chooses its own way, most believe the best approach is to look past the technology and focus on how products behave. But this could change as digital currencies proliferate.
Regulators have started to voice their opinion and it ranges from treating “coins” like a security to outright banning banning ICOs.
After much anticipation, in July 2017, the U.S. Securities and Exchange Commission (“SEC”) announced that it would…
Any distributed ledger needs to conform to data requirements in the countries in which it operates. A new white paper explores the status quo and the way forward.