Privacy Notice CSBS Privacy Notice 1 Introduction The Conference of State Bank Supervisors, State Regulatory Registry (“SRR”), and CSBS Education Foundation (“CSBSEF”), (collectively, “CSBS”), have a duty to protect and minimize exposure of personal information – a duty CSBS takes very seriously. This Privacy Notice (“Notice”) covers CSBS’ practices for collecting and processing personal information about individuals including but not
Washington, D.C. – New technology is not just rapidly transforming financial services, it also is creating the state financial system of the future, according to Conference of State Bank Supervisors’ Chair Melanie Hall, who testified today before the House Financial Services Committee Artificial Intelligence Task Force. “Technology has been an important
TESTIMONY OF MELANIE HALL COMMISSIONER MONTANA DIVISION OF BANKING AND FINANCIAL INSTITUTIONS ON BEHALF OF THE CONFERENCE OF STATE BANK SUPERVISORS TO THE HOUSE FINANCIAL SERVICES COMMITTEE ARTIFICIAL INTELLIGENCE TASK FORCE OF THE U.S. HOUSE COMMITTEE ON FINANCIAL SERVICES HEARING ON “KEEPING UP WITH THE CODES – USING AI FOR EFFECTIVE REGTECH” MAY 13, 2022 Introduction Thank you, Chairman Foster
Washington, D.C. – Three state financial agencies have reached a settlement agreement with Danny Yen, owner of Carlsbad, California-based mortgage education course provider Real Estate Educational Services, for his role in a multi-state fraud scheme that involved hundreds of mortgage loan originators. The California Department of Financial Protection and Innovation
Guest: Melissa Puccinelli, CSBS Manager of Non-Bank Supervision Introduction If you’ve been paying attention to state supervision lately, you’ve probably heard the phrase “Vision 2020” several times. Vision 2020 has been an initiative to modernize and enhance the state supervisory system in a way that makes licensing, examination and supervision
CSBS/NAIC Model Agreement States that have signed the CSBS/NAIC model agreement or similar agreements with the Insurance Commissioner in their respective states. Alabama Kentucky Mississippi Tennessee Delaware Maine New Jersey Texas Georgia Maryland New Mexico Idaho Massachusetts Oklahoma Illinois Michigan Rhode Island
Specialty Certification Certified Application Specialist - Level III (CAS-III) (Agency Account Administrator) Candidates for the CAS-III designation must provide evidence of the following: Completion of a minimum of two (2) years of on-the-job service and training related to processing licensing applications Satisfactory completion of the CSBS Mortgage Licensing School, Agency Account Administrator Learning Plan (see list of required courses below)
Washington, D.C. — The Conference of State Bank Supervisors (CSBS) announced today that 13 nationwide payments firms have undergone or are currently undergoing their single comprehensive exams in the first quarter of 2021 as part of the One Company, One Exam program. “Our goal of completing single, coordinated exams for
State financial regulators and attorneys general levy a combined $20 million in fines for data misuse that impacted 480,000 consumers nationwide Washington, D.C.— Forty-four state agencies have reached settlements with ACI Payments, Inc., for erroneously initiating electronic transactions totaling $2.3 billion from the accounts of 480,000 mortgage-holders serviced by Mr
Read the full White Paper [PDF] Nearly half of small business lending and a meaningful amount of consumer lending is conducted through community-based banks. These institutions currently face competitive pressures to remain viable. State bank supervisors, who regulate these institutions, have a duty to ensure the broad, safe access to credit within their jurisdictions. To this end, these supervisors have