OCC Interpretive Letter 1192 Conf...
OCC Interpretive Letter 1192 Confirms National Bank Act Preemption

The Money and Banking Law Podcast with Joe Silvia by Joe Silvia

Episode notes

Joe Silvia explains the significance of OCC Interpretive Letter 1192, which confirms that the National Bank Act preempts state law and the bank in question "may engage in its federally authorized activities nationwide and is not required to hold a state money transmitter license or satisfy a state law exemption."

Keywords
banking regulationfintechNational Bank Actpreemption