Washington, D.C. – The Conference of State Bank Supervisors today announced its executive leadership team as part of a new organization structure. “This team brings perspective and leadership skills that are critical for guiding CSBS as we support the dynamic state regulatory system,” said CSBS President and CEO John Ryan. “These organizational changes are part of a larger effort to
To advance Networked Supervision, state financial regulators and CSBS have focused on implementing common standards and practices across the state system to streamline regulation of nonbank financial companies operating in multiple states. Recent initiatives that help increase uniformity and set the right conditions for the state system to continue leveraging the benefits of technology include: One Company, One Exam The
State supervisors charter and oversee 79% of the nation’s banks and have a uniquely local perspective, understanding the financial needs of the families and businesses that make up their communities. They are focused on consumer protection and safety and soundness, but they also work with their institutions to encourage prudent economic growth and to mature the compliance framework for innovative
The NMLS team is focused on enhancing the NMLS user experience (UX) to ensure the improved system is intuitive and user-friendly. The NMLS team recently conducted a card sorting exercise with 40 NMLS users to better understand the best way to organize menus and pages within the system. Read further to find out why card sorting is a valuable exercise
At the AARMR-CSBS national mortgage policy summit, CSBS Chairman Bret Afdahl challenges state and federal regulators to think outside the box in shaping the future of mortgage supervision
CSBS released a survey of consumer lending laws and regulations of all 50 states and Washington, D.C., today alongside a new policy paper that examines the nonbank consumer finance marketplace.
San Francisco – The Conference of State Bank Supervisors (CSBS) today announced the nationwide roll out of the State Examination System (SES), the first nationwide platform to bring state regulators and companies into the same technology space for supervision, fostering greater transparency and collaboration. Through SES, state regulators will be able to enhance supervisory oversight of nonbanks while making the
Jim Payne, director of examinations and assistant deputy commissioner for the Consumer and Mortgage Lending Division of the Kansas Office of the State Bank Commissioner, will serve as the new NMLS ombudsman starting July 1.
CSBS announces the launch of MSB Networked Supervision, a state-led initiative which dramatically streamlines the licensing requirements for nationwide money transmitters.