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Jeremiah S. Buckley quoted in American Banker article, “5 policy hurdles thwarting federal regulators’ fintech ambitions”
American BankerJeremiah S. Buckley
Jeremiah S. Buckley was quoted in an American Banker article, “5 policy hurdles thwarting federal regulators’ fintech ambitions,” which discussed a recent report developed by Buckley on behalf of the Alliance for Innovative Regulation on the top five legal obstacles for regulators to modernize their administrative processes with technology. The article stated, “The report compiled feedback from employees across Washington’s financial regulators on how their work is often impaired by intersecting legal and regulatory murk — and on what to do about.”
Buckley noted, “One of the issues that was identified as we talked to people was, are we in a culture that finds problems with everything and doesn't try to find the solutions? Is this a culture where people are afraid to take risks — to propose experimentation, because there might be a criticism of that?"