RegFi Episode 104: Preparing for a Bank Charter in a New Regulatory Environment
39 min listen
Bank regulators have signaled a renewed openness to de novo bank charter applications, creating new opportunities for fintech companies and other organizations evaluating whether to become regulated financial institutions.
RegFi co-hosts Jerry Buckley and Caroline Stapleton are joined by Orrick’s Nathaniel Reisenburg to examine what it takes to secure a bank charter in today’s regulatory environment. Building on the previous episode's discussion of why some fintechs are pursuing charters, they explore the practical realities of the application process, including regulator expectations regarding capital, management experience, business planning, governance and operational readiness.
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