Governor Michelle W. Bowman At the Community Banking in the 21st Century Research and Policy Conference, St. Louis, Missouri (virtual conference) Good afternoon. I'm pleased to be able to join you again virtually for this year's Community Banking in the 21st Century research and policy conference. Although I think we
The Honorable Pat Toomey Ranking Member Senate Banking Committee Washington, D.C. 20510 Dear Ranking Member Toomey, The Conference of State Bank Supervisors (CSBS) 1 appreciates the opportunity to highlight the critical role of state bank regulators in supervising money transmission and virtual currencies. State regulators charter and supervise 79 percent of all U.S. banks and are the primary regulators of
Washington, D.C. – The Conference of State Bank Supervisors (CSBS) Board of Directors today released model state regulatory prudential standards for nonbank mortgage servicers. “The standards provide states with uniform financial condition and corporate governance requirements for nonbank mortgage servicer regulation while preserving local accountability to consumers,” said CSBS President
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
Director of the Washington State Department of Financial Institutions and CSBS Non-depository Supervisory Committee Charlie Clark testified on fintech regulation before the House Task Force on Financial Technology.
State Regulators have cooperative agreements with one another, with federal agencies, and with other state representative agencies. You can find all of these agreements here.
Hello, I would like to start by thanking all of you for attending the first virtual NMLS conference. As Albert Forkner just noted, this year marks the largest attendance for this event and shows the power of technology to connect us. I want you to consider this as I speak
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
STATEMENT FOR THE RECORD FROM THE CONFERENCE OF STATE BANK SUPERVISORS TO THE TASK FORCE ON FINANCIAL TECHNOLOGY OF THE U.S. HOUSE COMMITTEE ON FINANCIAL SERVICES HEARING ON “LICENSE TO BANK: EXAMINING THE LEGAL FRAMEWORK GOVERNING WHO CAN LEND AND PROCESS PAYMENTS IN THE FINTECH AGE” SEPTEMBER 29, 2020 I. Introduction The Conference of State Bank Supervisors (CSBS) thanks the