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Reporting Requirements Regulatory Oversight NMLS

Sheppard Mullin Richter & Hampton LLP

Georgia and Nebraska Update Money Transmission Statutes

Two states have recently finalized significant updates to their money transmission laws, signaling continued nationwide alignment with the Conference of State Bank Supervisors’ Model Money Transmission Modernization Act...more

Ballard Spahr LLP

Michigan Using Uniform Authorized Agent Reporting

Ballard Spahr LLP on

The Michigan Department of Insurance and Financial Services will start using the NMLS Uniform Authorized Agent Reporting functionality to fulfill agent reporting requirements. ...more

Ballard Spahr LLP

Announcement of new reporting tool for money service businesses by state regulators highlights fintech companies

Ballard Spahr LLP on

The Conference of State Bank Supervisors issued a press release this week in which it announced the April 1 release of a new tool within the Nationwide Multistate Licensing System (NMLS) to streamline reporting by money...more

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