How our department monitors insurance market practices
Insurance Company Contract and Rate Filings
DIFS Prohibition Orders for Consumer Finance and Credit Union.
Licensing - Consumer Finance and Mortgage
Consumer Finance and Mortgage Forms
BIDCO and Anti-Redlining Forms.
Statutes, Rules and Regulations
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No, the MTSA does not apply if the activity conducted is strictly limited to the exchange of currency. If, on the other hand, the entity is not only going to provide currency exchange services, but also engage in the business of money transmission services (such as holding funds in an e-wallet), the entity would need to obtain the appropriate license.
