Washington, D.C. – The Conference of State Bank Supervisors today announced registration for the 2024 NMLS Annual Conference & Training is open and can be completed on the conference website. The NMLS Annual Conference will be held in San Antonio, Texas, Feb. 13 – 16, 2024 at the San Antonio Marriott Rivercenter on the River Walk. The NMLS Annual Conference

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

Sigue Corp. Failed to Satisfy Outstanding Money Transmission Liabilities, Violating State Law Washington, D.C. — Today, financial regulatory agencies from 39 states, Puerto Rico, and the District of Columbia ordered Sigue Corp. to cease engaging in any further money transmission activities as the company can no longer responsibly serve customers due to its declining financial position. Sigue is a state-regulated

“We are disappointed that the CFPB is proceeding with its Public Orders Registry and stand by the concerns expressed by state regulators during the consultation process and in CSBS’s comment letter. CSBS’s primary focus now is to help ensure alignment between the CFPB’s Registry and the Nationwide Multistate Licensing System to prevent consumer and industry confusion and redundant reporting. We

Conference of State Bank Supervisors President and CEO Brandon Milhorn Statement on Congressional Progress on Stablecoin Legislation: “State regulators thank Senators Cynthia Lummis and Kirsten Gillibrand for their acknowledgment of the critical role that state bank regulators play in the licensing, regulation, and supervision of money transmission and other nonbank activities. We look forward to working with Congress to ensure

“State supervisors commend the CFPB for rescinding its Nonbank Public Orders Registry. Requiring nonbank entities to register and report a wide range of agency and court orders was redundant and exceeded the agency’s authority. States and the CFPB already report a significant share of covered public orders through the Nationwide Multistate Licensing System & Registry (NMLS). This information is available

2025 NMLS Annual Conference and Training Opening Remarks Brandon Milhorn Feb. 12, 2025 Good morning, everyone. It is great to be back at the NMLS Annual Conference — my second as President and CEO of the Conference of State Bank Supervisors. This is our largest audience ever at the conference — 842 total — with 313 from state agencies and

The Conference of State Bank Supervisors (CSBS) has established a new advisory group to provide counsel and perspective to CSBS and state financial supervisors on the development and use of artificial intelligence (AI) in the financial services sector. The CSBS Artificial Intelligence Advisory Group includes experts from academic institutions, the financial industry, and nonprofit organizations. “Artificial intelligence presents significant opportunities

This report and its recommendations fail to recognize the critical role that state regulators play in protecting consumers and facilitating the safe innovation that consumers have come to expect in financial services.