The Office of Financial Regulation intends to amend Rule 69U-100.005, F.A.C., to conform to and implement recent legislative amendments to Section 655.50, F.S., the Florida Control of Money Laundering and Terrorist Financing in Financial ...

 

DEPARTMENT OF FINANCIAL SERVICES

FSC - Financial Institution Regulation

RULE NOS.:RULE TITLES:

69U-100.005Florida Control of Money Laundering in Financial Institutions

69U-100.03852Disapproval of Directors or Executive Officers

69U-100.045Examination Manuals and Referenced Standards

69U-100.948Reporting of Significant Events or Conditions

PURPOSE AND EFFECT: The Office of Financial Regulation intends to amend Rule 69U-100.005, F.A.C., to conform to and implement recent legislative amendments to Section 655.50, F.S., the Florida Control of Money Laundering and Terrorist Financing in Financial Institutions Act; amend Rule 69U-100.03852, F.A.C., to conform to recent legislative amendments to Section 655.948, F.S., which governs the experience requirements of officers and directors; amend Rule 69U-100.045, F.A.C., to incorporate the most up to date federal manuals; and amend Rule 69U-100.948, F.A.C., to delete references to a repealed rule and statute.

SUBJECT AREA TO BE ADDRESSED: Regulation of financial institutions.

RULEMAKING AUTHORITY: 655.012(2), 655.50(5)(d), 655.50(3), 655.50(4), 655.0385(4) FS.

LAW IMPLEMENTED: 655.50, 655.045, 655.948, 657.008, 657.042, 657.021, 655.061, 657.031, 655.0385, 658.21, 658.33, 665.013 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: Jodi-Ann Livingstone, [phone], [e-mail]

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.