Powered by

Conference of State Bank Supervisors Files New Complaint Against Office of the Comptroller of the Currency

Dec 23, 2020 - Targeted News Service

The Conference of State Bank Supervisors issued the following news release on Dec. 22:

The Conference of State Bank Supervisors (CSBS) announced today it has filed a complaint in the U.S. District Court for the District of Columbia opposing the Office of the Comptroller of the Currency's (OCC) creation of a new national bank charter for nonbank companies and its acceptance and impending approval of a charter application from Figure Technologies Inc.

"Figure is essentially the first a...