Press Releases

FSR: Financial Agencies Should Adopt Consistent, Risk-Based Cyber Regulations

The Financial Services Roundtable’s (FSR) technology policy division BITS submitted a regulatory comment letter to financial agencies regarding the advanced notice of proposed rulemaking, “Enhanced Cyber Risk Management Standards” and urged adoption of a risk-based approach to cybersecurity regulation.

FSR Statement on OCC FinTech Charter Announcement

Washington, D.C. – The Financial Services Roundtable (FSR) released the following statement after today’s announcement from the Office of the Comptroller of the Currency (OCC) that it would move forward to consider an optional special-purpose charter for Fintech companies:  “As America’s financial industry continues to innovate and evolve...

FSR: White House Cyber Directive Positive Step for Cyber Coordination

Directive could improve coordination and provide clarity around cyber incident response Washington, D.C. — A Presidential Policy Directive (PPD) released today by the White House has the potential to clarify roles and responsibilities while improving coordination before and during a cyber incident said the Financial Services Roundtable (FSR)....

FSR Applauds Administration’s New Policy To Prevent Countries From Impeding Free Flow of Data Needed for Financial Transactions

Urges Congress to Consider TPP As Soon as Possible Washington, D.C.—The Financial Services Roundtable (FSR) released the following statement today, supporting the Administration’s new policy to prohibit countries from impeding the free flow of data needed for financial transactions and urging Congress to consider the Trans-Pacific...

FSR Calls on Presidential Candidates to Protect Innovation From Patent Trolls

Washington, D.C.—The Financial Services Roundtable (FSR) today called on the presidential candidates to detail their plans on how they will protect inventions and innovation from patent trolls. “America’s robust patent system encourages innovation and helps fuel the engines of economic growth,” said Anthony Cimino, FSR’s Senior Vice...