Staying in the know with Buckley regtech solutions [Webcast Archive]
Buckley offers two regtech solutions designed to help financial services companies navigate, manage, and respond to state regulatory requirements: Winnow and Mogy.
Buckley offers two regtech solutions designed to help financial services companies navigate, manage, and respond to state regulatory requirements: Winnow and Mogy.
On April 13, the Maryland governor signed SB 251, which amends provisions related to licensing requirements for nondepository institutions.
The Conference of State Bank Supervisors announced a request for public comments on proposed requirements for developing a new system to streamline the licensing application process.
Learn more about this topic and others in the NMLS Resource Center under “Agency News.”
On April 1, the Arkansas governor signed SB 149, which amends provisions related to licensing requirements under the state’s Fair Mortgage Lending Act.
Learn more about this topic and others in the NMLS Resource Center under “Agency News.”
The Department of Finance extended its temporary regulatory guidance affecting permitting mortgage brokers and lenders, mortgage loan originators, regulated lenders, title lenders, payday lenders, and collection agency licensees and registrants.
The law permits the Securities Commissioner to establish terms and conditions for mortgage loan activity to be conducted outside of an entity’s main place of business or branches.
On March 17, the Nebraska governor signed LB 363, which amends certain licensing requirements for installment lenders and money transmitters.
The change affects lenders who provide “credit availability transactions” to customers through fully amortized loans paid over a term of four to 12 months.
The law allows licensed MLO activity to be conducted from home if, among other things, certain state and information security requirements are satisfied.
In this Checkpoint Webcast, our panelists shared practical advice on how financial services companies can prepare to handle potential regulatory changes and develop strategies to comply with licensing and maintenance requirements.
The Department of Business of Industry, Division of Mortgage Lending extended its provisional guidance allowing licensed mortgage loan originators to work from home until June 30, 2021.
The Department of Banking extended its no-action position with respect to various licensees temporarily working from home through June 30, 2021.
On March 1, the New York attorney general issued two alerts warning investors about the “extreme risk” facing New Yorkers investing in virtual or “crypto” currency
The new opinion letters addressed virtual currency, agent of payee rules, and transactions in which recipients are paid before a company is reimbursed.
During the NMLS Annual Conference, the Conference of State Bank Supervisors released an updated cybersecurity examination tool designed for nonbank financial company supervision.
The Department of Financial Institutions extended interim guidance permitting certain licensees with a physical presence to reduce hours or work from home to coincide with local mayors’ orders.
On February 18, the Texas Office of the Consumer Credit Commissioner issued updated guidance for regulated lenders relating to the Covid-19 crisis.