The letter and the spirit of the law all indicate that this FDIC Board Seat requirement is only met by a person who has worked in state government as a supervisor of state-chartered banks
NMLS has more than 600,000 industry users annually. Most of these users access the system during the annual license or registration renewal period. That is why in addition to improving how users log in to NMLS and manage their credentials with self-service options, CSBS has updated the system to include the following features: New Login Screen Design The NMLS login
The Conference of State Bank Supervisors (“CSBS” or “state regulators”) appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s (“CFPB” or “Bureau”) request for information regarding the small business lending market and section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“DFA 1071”). CSBS is the nationwide organization of state banking and financial services regulators
State regulators today asked the Consumer Financial Protection Bureau (CFPB) to reconsider its proposed registry for nonbank businesses that are subject to public orders for violations of federal or state consumer protection laws. The proposed registry would exceed the CFPB’s authority and is not needed to identify repeat offenders, the Conference of State Bank Supervisors said in a comment letter
The Honorable Maxine Waters Chairwoman Committee on Financial Services U.S. House of Representatives Washington, D.C. 20515 Dear Chairwoman Waters, On behalf of the Conference of State Bank Supervisors (CSBS), 1 I am writing in response to your August 5, 2021, letter to CSBS Chair Melanie Hall 2 calling for: An update to the Joint Statement on Supervisory and Enforcement Practices
The Honorable Maxine Waters Chairwoman Committee on Financial Services U.S. House of Representatives Washington, D.C. 20515 Dear Chairwoman Waters, On behalf of the Conference of State Bank Supervisors (CSBS), 1 I am writing in response to your August 5, 2021, letter to CSBS Chair Melanie Hall 2 calling for: An update to the Joint Statement on Supervisory and Enforcement Practices
Former senior FDIC official to lead national organization of state financial regulators Washington, D.C. – The Conference of State Bank Supervisors’ Board of Directors today announced the appointment of Brandon Milhorn, currently deputy to FDIC Vice Chairman Travis Hill and previously chief operating officer, chief of staff and deputy to FDIC Chairman Jelena McWilliams, as its next president and CEO
On Sept. 20, we’re launching a redesigned Resource Center built for speed, simplicity, and a frustration-free experience. The current state and federal Resource Centers will retire, making way for one modern, intuitive hub that puts answers at your fingertips. What’s New? Navigation made simple: Resources organized by user type and task. Smarter search: Quickly find accurate, up-to-date information. No more
Washington, D.C.— State financial regulators released an updated cybersecurity examination tool for nonbank financial company supervision during the ongoing Nationwide Multistate Licensing System (NMLS) Annual Conference. The tool is designed for state regulator use in examinations, and companies are encouraged to use it to assess their cybersecurity health between examinations. This tool is the newest component of state regulators’ cybersecurity
CSBS expresses concern regarding the timing and focus of the request for information issued by the Consumer Financial Protection Bureau to assist the Taskforce on Federal Consumer Financial Law, given the aggravating circumstances of COVID-19.