TESTIMONY OF MELANIE HALL COMMISSIONER
MONTANA DIVISION OF BANKING AND FINANCIAL INSTITUTIONS
ON BEHALF OF THE
CONFERENCE OF STATE BANK SUPERVISORS TO THE
Fintech Industry Advisory Panel Recommendations
Feb 12, 2019
Read the full list of recommendations [PDF].
The CSBS Fintech Industry Advisory Panel (FIAP) is a part of the Vision 2020 initiative to modernize state nonbank supervision.
The panel engages with the CSBS Emerging Payments and Innovation Task Force and other state regulators to identify actionable steps for improving state licensing, regulation, and nondepository supervision and for supporting innovation in financial services.
In February 2019, the panel released a list of recommendations for state regulators to consider when streamlining state nonbank supervision. State regulators support most of the recommendations provided by the FIAP and are considering several more for future action or implementation.
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