California Finalizes Rulemaking For Agent-of-a-Payee Exemption In Money Transmission Licensing

Authors :: Fleisher, Adam
Source :: Mondaq Business Briefing. June 29, 2021
Publication Year :: 2021
Abstract: The California Department of Financial Protection and Innovation (DFPI) has finally adopted final rules relating to the scope of the agent-of-a-payee exemption under the California Money Transmission Act (MTA), Cal. [...]

Subjects :: Money transfer -- Laws, regulations and rules
Credit card processing services -- Laws, regulations and rules
Government regulation
Business, international
California. Money Transmission Act

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