Mr. Samuel is an associate in Davis Polk's Corporate Department. [Full Bio]

The OCC’s announcement that it will begin accepting applications for nondeposit fintech charters is an important and welcome development, especially in light of the Treasury’s explicit support for the nondeposit fintech charter and responsible innovation. The OCC described the fintech charter as allowing fintech companies to acquire or obtain
Continue Reading Tailored R&R – New and Important for Fintech Charters

Last week, the Bank of England updated its public disclosure about how it would use its resolution powers to ensure that systemically important banks can be allowed to fail without destabilizing the financial system or using public funds to bail out their private sector shareholders or bondholders. See The Bank
Continue Reading The Bank of England’s Presumptive Path