WBK Industry - Federal Regulatory Developments

NMLS 2.0 Delayed Until 2019

The Conference of State Bank Supervisors (CSBS) has postponed the release of its major NMLS redesign, NMLS 2.0, from the originally projected September 2018 launch date until the second quarter of 2019.  As previously reported, the redesign is part of a larger effort to move towards an integrated system of licensing and supervision by state regulators.  The CSBS is also postponing the launch of its State Examination System, based on its new timeline for NMLS 2.0.