On October 18, the Conference of State Bank Supervisors issued a request for public comments on behalf of NMLS-participating state regulatory agencies on proposed changes to the NMLS Money Services Businesses Call Report. The MSBCR seeks to create “a nationwide repository of standardized information available to state regulators concerning the financial condition and activities of their Money Services Businesses licensees.” CSBS requests comments on edits to existing virtual currency transaction line items, new virtual currency line items addressing activities not already covered, revisions to the definition of existing permissible investments, and edits to definitions and titles of existing financial condition line items. Comments are due December 17.
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