In December 2020, the FDIC approved a Final Rule to reframe the definition and exceptions for “brokered deposits”. Historically, the FDIC has broadly defined virtually any third party connecting a depositor with a bank as a “deposit broker” and the resulting deposits as “brokered deposits”. The Final Rule responds to long-standing industry criticisms seeking to
On April 17, 2018, Cleary Gottlieb hosted a conference in the heart of the City of London to discuss key issues in the FinTech space. The conference was well attended, and a wide range of topics were discussed by industry leaders. The quality and insight of both our speakers and attendees made our first FinTech Conference in London a very interesting afternoon.
Bob Penn, a partner in financial services regulation at Cleary Gottlieb, opened the conference (video here). After the jump, we provide key takeaways from keynote speaker Ilyas Khan, the chief executive officer and founder of Cambridge Quantum Computing (video here), and from our two panels, “Beyond Bitcoin: Digital Ledger Technologies” and “Developments in the London FinTech Market.”…
Continue Reading London FinTech Conference: Key Takeaways
We are excited to announce that we are hosting our first FinTech Conference in London, following on from the success of our previous events in New York and San Francisco.
The event will take place on Tuesday, April 17, 2018 at Cleary Gottlieb’s London office. For more information please contact Alice Carr firstname.lastname@example.org…
Continue Reading Cleary Event: Upcoming London FinTech Conference
We were happy to see many of you at our “Blockchain and FinTech Opportunities” conference on Thursday, July 13.
If you were unable to attend or would like to review a recap of the event, key takeaways from the day’s discussions and videos of the panels can be found here.
Please do not hesitate…