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Daily Archives: May 24, 2022

DFPI amends requirements for increased access to RSDL program

InsightsBy APPROVED LicensingMay 24, 2022

Amendments to regulations under the California Financing Law were related to a pilot program for increased access to responsible small-dollar loans.

Florida amends MSB provisions

InsightsBy APPROVED LicensingMay 24, 2022

The bill, among other things, revises provisions related to prohibited activities without a license and establishes requirements for virtual currency transfers.

Connecticut amends banking statutes

InsightsBy APPROVED LicensingMay 24, 2022

Among other things, the new bill establishes that a money transmission license is not transferable or assignable, but a licensee may be acquired under certain circumstances.

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