All authorities, actions, and activities are applicable in single- or multi-state contexts unless noted.
Non-Depository Issues
Non Depository
The Money Transmission Modernization Act is a single set of nationwide standards and requirements to modernize the supervision and regulation of money transmitters.
Non Depository
The CSBS Board of Directors has approved new regulatory standards to enhance and align states’ existing authority over the fast-growing area of nonbank mortgage servicing.
Non Depository
CARES Act Forbearance Provisions
The mortgage relief provided by the CARES Act1 has prompted questions regarding the Act’s forbearance provisions.
Non Depository
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
Non Depository
CSBS is requesting comment on a Model Money Services Businesses Law for states.
Non Depository
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.
Non Depository
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.