Published on: 22433110. Disciplinary Guidelines, Application or Appointment Procedures and Requirements, Registration of Locations and Appointment of Authorized Vendors, Requirements, Annual Filing of Financial Audit Reports by Part II Licensees, Suspicious Activity Report Filings, Payment Instrument Sellers, Money Transmitters, Records to Be Maintained by Check Cashers, Records to be Maintained by Deferred Presentment Providers, Definitions, Deferred Presentment Transactions, Transaction Agreement Disclosures and Requirements, Transaction Fees, Database Access, Database Availability, Database Dispute Resolution for Customers, Termination of Deferred Presentment Activity; Database Maintenance
Published on: 22395183. This is a public hearing to discuss the proposed rulemaking of rules 69V-560.1000, 69V-560.1012, 69V-560.1013, 69V-560.102, 69V-560.103, 69V-560.107, 69V-560.201, 69V-560.302, 69V-560.403, 69V-560.504, 69V-560.602, 69V-560.606, 69V-560.608, 69V-560.609, 69V-560.702, 69V-560.703, 69V-560.704, 69V-560.7041, 69V-560.7042, 69V-560.7043, 69V-560.707, 69V-560.902, 69V-560.903, 69V-560.904, 69V-560.905, 69V-560.907, 69V-560.908, 69V-560.909, 69V-560.910, 69V-560.911, 69V-560.912, and 69V-560.913, Florida Administrative Code.; September 26, 2019, 9:00 a.m., via teleconference.; Please join the public hearing from your computer, tablet or smartphone.
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Published on: 22187215. The purpose and effect of the rule amendments is to remove the disciplinary guidelines as found in the existing rule provisions and to transfer the disciplinary guidelines to a form incorporated into the rule chapter entitled "Office of Financial Regulation, Division of Consumer Finance, Disciplinary Guidelines for Money Services Businesses," to amend mitigating and aggravating factors, to update form citations, to provide an exemption from online filing requirements for technological or financial hardships, to specify fingerprint exemptions for certain individuals, to provide an additional 45 days for submission of additional application information, to deem certain applications abandoned, to delete and amend definitions, to specify who must file Form 560-02, to specify when Form 560-02 must be filed, to specify when application amendments must be filed, to clarify the license renewal process, to establish a set rate for exam fees, to clarify quarterly report requirements, to correct inaccurate terminology, to clarify record keeping requirements, to amend existing rules and propose new rules to conform to and implement Chapter No. 218-26, Laws of Florida, which was signed into law on March 19, 2018. The legislation requires the Financial Service Commission to implement, by rule, certain provisions related to deferred presentment installment transactions.
Published on: 22124068. The purpose and effect of the amended rules is to remove the disciplinary guidelines as found in the rule and to transfer the disciplinary guidelines provisions to a form incorporated into the rule entitled "Office of Financial Regulation, Division of Consumer Finance, Disciplinary Guidelines for Money Services Businesses," to amend mitigating and aggravating factors, to amend citations to incorporated materials, to provide an exemption from online filing requirements for technological or financial hardships, to specify fingerprint exemptions for certain individuals, to provide an additional 45 days for submission of additional application information, to deem certain applications abandoned, to delete and amend definitions, to specify who must file Form 560-02, to specify when Form 560-02 must be filed, to specify when application amendments must be filed, to clarify the license renewal process, to repeal the net worth provisions, to establish a set rate for exam fees, to clarify quarterly report requirements, to correct inaccurate terminology, to clarify record keeping requirements, to amend existing rules and propose new rules to conform to and implement Chapter No. 218-26, Laws of Florida, which was signed into law on March 19, 2018. The legislation requires the Financial Service Commission to implement, by rule, certain provisions related to deferred presentment installment transactions.
Published on: 22034343. Waiver of Rule 69V-560.703(1)(d) from Western Union Business Solutions (USA), LLC. The petition seeks a Waiver of Rule 69V-560.703(1)(d) which requires a money transmitter to maintain records of the name and address of the beneficiary or recipient of all inbound and outbound transmissions. Rule 69V-560.703(1)(d), Florida Administrative Code, implements the provisions of sections 560.1105(1) and 560.211, Florida Statutes.
Published on: 22033858. withdrawal of the original Petition for Waiver from Western Union Business Solutions (USA), LLC., filed March 25, 2019.
The petition sought a Waiver of Rule 69V-560.703(1)(d) which requires a money transmitter to maintain records of the name and address of the beneficiary or recipient of all inbound and outbound transmissions. Rule 69V-560.703(1)(d), Florida Administrative Code, implements the provisions of sections 560.1105(1) and 560.211, Florida Statutes.