A new series of CSBS papers will describe the various business segments within the nonbank industry, explain how they are currently licensed and supervised by state financial regulators, and discuss issues affecting regulatory changes going forward
Jan 16, 2020
AARMR & CSBS Present:
Nov 27, 2019
CSBS is requesting comment on a Model Money Services Businesses Law for states.
Oct 1, 2019
In February 2019, CSBS sought public input on issues related to state money transmission and payments regulation as regulators begin work on model legislation to introduce in all 50 states.
Apr 24, 2019
Everybody uses the money services business (MSB) industry, but few people know the terminology. MSBs are a broad category of financial services we all use in everyday life, just not at the bank.
Jan 11, 2018
The purpose of this paper is to outline the state system of supervision of MSBs in order to make clear the existence, structure and degree of an established regulatory system for MSBs.
Nov 16, 2017
In addition to banks, state regulators also license and regulate several other non-bank financial services providers.
Oct 30, 2017
In recent years, there has been a significant growth of mortgage servicing assets in non-depository servicers. These firms provide a critical function in our housing finance system.
Jan 1, 2016