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Licensing Rules Compliance Financial Services Industry

Ankura

Five Reasons Experience is Essential to Obtain Money Transmission Licenses

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In the fast-paced world of business consulting, when it comes to choosing a consultant to secure money transmission licenses, experience offers significant advantages...more

Goodwin

Massachusetts Amends State Money Transmission Law to Apply to Domestic Transactions and Stored Value

Goodwin on

On January 1, 2025, Massachusetts Gov. Maura Healey approved House Bill No. 4840, which repeals and replaces Massachusetts’ money transmission law with a revised law (MTL Law), which is based in part on the model Money...more

Ward and Smith, P.A.

The North Carolina Board of CPA Examiners: A Licensed Professional User's Guide

Ward and Smith, P.A. on

As the governing body for Certified Public Accountants ("CPAs"), the Board upholds rigorous standards of practice, oversees the licensing process, and enforces compliance with ethical rules and regulations. For both aspiring...more

Barnea Jaffa Lande & Co.

Regulated payment services and financial services in Israel – summary and outlook for 2025

2024 was characterized by a multitude of regulatory directives to payment companies and to payment initiation companies as part of the preparations for the licensing obligation that came into effect in June 2024. This year...more

Goodwin

Wisconsin Becomes Third State to Enact Law Regulating Earned Wage Access Services

Goodwin on

Following Nevada and Missouri in 2023, Wisconsin has become the third state (and the first in 2024) to enact a law that establishes a financial services oversight regime for earned wage access services, also known as...more

Goodwin

Nevada Enacts First-Of-Its-Kind Licensing Law For Earned Wage Access Services

Goodwin on

Nevada has become the first state to enact a law that establishes a financial services licensing regime for earned wage access services (aka on-demand pay services), which allow workers to access earned but unpaid income...more

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