Banco Popular de Puerto Rico on January 1, 2016.; The petition seeks a declaratory statement from the Office on whether Petitioner's proposed business activities (to expand their geographic footprint of its current credit card business to offer ...

 

DEPARTMENT OF FINANCIAL SERVICES

FSC - Financial Institution Regulation

NOTICE IS HEREBY GIVEN that the Office of Financial Regulation has received the petition for declaratory statement from Banco Popular de Puerto Rico on January 1, 2016. The petition seeks the agency’s opinion as to the applicability of Section 655.92, Florida Statutes; Section 663.04, Florida Statutes and Section 516.02, Florida Statutes, as they apply to the petitioner.

The petition seeks a declaratory statement from the Office on whether Petitioner’s proposed business activities (to expand their geographic footprint of its current credit card business to offer consumer credit cards in the domestic U.S.) requires any licensing or filing with the Office of Financial Regulation.

A copy of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone].

Please refer all comments to: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, [phone] by February 15, 2016.