Industry Alerts
10/15/2024
The Federal Deposit Insurance Corporation, the Federal Reserve Board, the Florida Office of Financial Regulation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities.
OFR Issues Proclamation Regarding Tropical Storm Milton
10/06/2024
Today, the Office of Financial Regulation issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Milton.
OFR Issues Proclamation Regarding Potential Tropical Cyclone Nine
09/24/2024
The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding potential Tropical Cyclone Nine.
OFR Issues Second Amended Proclamation Regarding Hurricane Debby
08/07/2024
The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding Hurricane Debby.
OFR Issues Amended Proclamation Regarding Tropical Depression Four
08/03/2024
The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding Tropical Depression Four.
OFR Issues Proclamation Regarding Invest 97L
08/02/2024
The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Invest 97L.
OFR Issues Proclamation Regarding Invest 90L - South Florida Flash Flooding
06/12/2024
The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Invest 90L - South Florida Flash Flooding
OFR Issues Amended Proclamation Regarding the May North Florida Tornadoes
05/13/2024
The Office of Financial Regulation today issued an amended proclamation to Florida state-chartered financial institutions and securities professionals regarding the May North Florida Tornadoes.
OFR Issues Proclamation Regarding the May North Florida Tornadoes
05/10/2024
The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding the May North Florida Tornadoes.
OFR Issues Proclamation Regarding January Winter Storm
01/09/2024
The Office of Financial Regulation today issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding the January winter storm.
Industry Alert: Renew Your License Today!
11/17/2023
Tallahassee, Fla. - The license renewal process is open for those licensed with the Office of Financial Regulation (OFR) under Chapters 494, 517, 559, Florida Statutes, and a portion of those licensed under Chapter 560, Florida Statutes. The OFR reminds businesses and individuals to complete the renewal process to maintain their active license status. Businesses and individuals holding the below license types should renew through the Central Registration Depository (CRD) or Investment Adviser Registration...
OFR Issues Amended Proclamations Regarding Hurricane Idalia
08/29/2023
The Office of Financial Regulation today issued amended proclamations to Florida state-chartered financial institutions and securities professionals regarding Hurricane Idalia.
OFR Issues Proclamations Regarding Tropical Storm Idalia
08/28/2023
The Office of Financial Regulation today issued proclamations to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Idalia.
OFR Issues Amended Proclamations Regarding Tropical Storm Idalia
08/28/2023
The Office of Financial Regulation today issued amended proclamations to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Idalia.
Industry Alert: Changes in Check Cashing Laws
06/27/2023
Tallahassee, Fla. - Today, the Office of Financial Regulation (OFR) notified all licensed check cashers of statutory changes to chapter 560, Florida Statutes, related to cashing corporate checks. House Bill 1185 was signed into law on May 24, 2023, and becomes effective July 1, 2023. The bill makes the following changes to chapter 560, Florida Statutes: Creates subsection 560.309(11), Florida Statutes, which prohibits a licensed check casher from cashing “corporate checks where...
Industry Alert: Money Transmitter License Renewals
03/14/2023
Tallahassee, Fla. – The Office of Financial Regulation (OFR) today reminds Money Transmitter Part II licensees with an expiration year of 2023, to complete the renewal process on or before May 1, 2023, to maintain their active license status. Don’t wait; renew your license online today. Please visit www.flofr.gov/sitePages/MoneyTransmitters.htm, for more information on Money Transmitter Part II license requirements. Florida law requires businesses and...
OFR Issues Warning to Unlicensed Check Cashers
12/02/2022
Tallahassee, Fla. - The Office of Financial Regulation (OFR) today announced that it issued warning letters, subpoenas and/or document requests to more than a dozen unlicensed check-cashing entities that advertised check-cashing services at their locations, including check cashing through the use of purported “self-service check-cashing machines.” A warning letter was also issued to an unlicensed, out-of-state entity for supplying, maintaining and sharing fees derived from the unlawful operation...
OFR Issues Proclamations Regarding Tropical Storm Nicole
11/07/2022
The Office of Financial Regulation today issued proclamations to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Nicole.
Industry Alert: Renew Your License Today!
11/03/2022
Tallahassee, Fla. – The license renewal process is open for those licensed with the Office of Financial Regulation (OFR) under Chapters 494, 516, 517, 520, 559, Florida Statutes, and a portion of those licensed under Chapter 560, Florida Statutes. OFR reminds businesses and individuals to complete the renewal process to maintain their active license status. Businesses and individuals holding the below license types should renew through the Central Registration Depository (CRD) or Investment Adviser...
OFR Issues Proclamations Regarding Hurricane Ian
09/26/2022
The Office of Financial Regulation has issued proclamations to Florida state-chartered financial institutions and securities professionals regarding Hurricane Ian. OFR Division of Financial Institutions Proclamation OFR Division of Securities Proclamation