Summary: In this podcast, Paul Watkins, Director of the CFPB's Office of Innovation, joins us to discuss the CFPB's final trial disclosures, no-action letter, and FinTech sandbox policies. Topics covered include the elements of each policy and the protection from liability available, the role of pre-application discussions between the CFPB and applicants, and the CFPB’s plans to engage in outreach to other federal and state regulators to maximize the value of approvals.
