Companies in the financial services industry typically must submit a number of periodic reports to maintain their licenses. Requirements vary by state and by business activity, but there are common themes in completing them successfully.
Our panelists discussed some of the most commonly required reports and related requirements, including the Money Services Business Call Report (MSBCR), the Mortgage Call Report (MCR), Lender Electronic Assessment Portal (LEAP), and annual financial statement requirements. The discussion also covered submission deadlines and components of the reports, as well as tips for submission.
- Rich Cortes | Principal Financial Examiner, Connecticut Department of Banking
- Melissa Klimkiewicz | Partner, Buckley Sandler
- Derek Schultz | Director, APPROVED
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