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 ...

DEPARTMENT OF FINANCIAL SERVICES
Finance
RULE NOS.:RULE TITLES:
69V-560.1000Disciplinary Guidelines
69V-560.1012Adoption of Forms
69V-560.1013Electronic Filing of Forms and Fees
69V-560.102Application or Appointment Procedures and Requirements
69V-560.103Definitions
69V-560.107Registration of Locations and Appointment of Authorized Vendors
69V-560.201Requirements
69V-560.302Renewal Fees, Deadlines, and Requirements
69V-560.403Net Worth
69V-560.504Reimbursement Rates for Examinations Conducted by the Office
69V-560.602Quarterly Reports
69V-560.606Annual Filing of Financial Audit Reports by Part II Licensees
69V-560.608Currency Transaction Report Filings
69V-560.609Suspicious Activity Report Filings
69V-560.702Payment Instrument Sellers
69V-560.703Money Transmitters
69V-560.704Records to Be Maintained by Check Cashers
69V-560.7041Check Cashing Database Access
69V-560.7042Check Cashing Database Access Transaction Requirements
69V-560.7043Check Cashing Database Availability
69V-560.707Records to be Maintained by Deferred Presentment Providers
69V-560.902Definitions
69V-560.903Deferred Presentment Transactions
69V-560.904Transaction Agreement Disclosures and Requirements
69V-560.905Transaction Fees
69V-560.907Database Access
69V-560.908Database Transaction Requirements
69V-560.909Database Availability
69V-560.910Database Transaction Fees
69V-560.911Database Dispute Resolution for Customers
69V-560.912Database Confidentiality
69V-560.913Termination of Deferred Presentment Activity; Database Maintenance
PURPOSE AND EFFECT: 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.
SUBJECT AREA TO BE ADDRESSED: Consumer Finance
RULEMAKING AUTHORITY: 215.405, 560.105, 560.1091, 560.1092, 560.1105, 560.1141, 560.118, 560.123, 560.126, 560.141, 560.142, 560.143, 560.205, 560.2085, 560.209, 560.211, 560.310, 560.403, 560.404.FS.
LAW IMPLEMENTED: 215.405, 560.103, 560.105, 141 560.109, 560.1091, 560.1092, 560.118, 560.126, 560.127, 560.140, 560. 560.1105, 560.111, 560.114, 560.1141, 560.118, 560.123, 560.1235, 560.125, 560.126, 560.128, 560.1401, 560.142, 560.143, 560.204, 560.205, 560.208, 560.2085, 560.208, 560.2085, 560.209, 560.210, 560.211, 560.213, 560.303, 560.309, 560.310, 560.402, 560.403, 560.404, 560.4041, 560.405, 560.406, 943.053, FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Sheila Harley, (850)410-9716, sheila.harley@flofr.com
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.

Document Information

Subject:: Consumer Finance
Purpose:: 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 ...
Rulemaking Authority:: 215.405, 560.105, 560.1091, 560.1092, 560.1105, 560.1141, 560.118, 560.123, 560.126, 560.141, 560.142, 560.143, 560.205, 560.2085, 560.209, 560.211, 560.310, 560.403, 560.404.
Law:: 215.405, 560.103, 560.105, 141 560.109, 560.1091, 560.1092, 560.118, 560.126, 560.127, 560.140, 560. 560.1105, 560.111, 560.114, 560.1141, 560.118, 560.123, 560.1235, 560.125, 560.126, 560.128, 560.1401, 560.142, 560.143, 560.204, 560.205, 560.208, 560.2085, 560.208, 560.2085, 560.209, 560.210, 560.211, 560.213, 560.303, 560.309, 560.310, 560.402, 560.403, 560.404, 560.4041, 560.405, 560.406, 943.053.
Contact:: Sheila Harley, (850)410-9716, sheila.harley@flofr.com
Related Rules: (15): 69V-560.1000. Disciplinary Guidelines; 69V-560.1012. Adoption of Forms; 69V-560.1013. Electronic Filing of Forms and Fees; 69V-560.102. Application Forms, Procedures and Requirements; 69V-560.103. Definitions; More ...