560.114 – Disciplinary actions; penalties.
560.114 Disciplinary actions; penalties.— (1) The following actions by a money services business, authorized vendor, or affiliated party constitute grounds for the issuance of a cease and desist order; the issuance of a removal order; the denial, suspension, or revocation of a license; or taking any other action within the authority of the office pursuant to this […]
560.1141 – Disciplinary guidelines.
560.1141 Disciplinary guidelines.— (1) The commission shall adopt by rule disciplinary guidelines applicable to each ground for disciplinary action that may be imposed by the office. (2) The disciplinary guidelines shall specify a meaningful range of designated penalties based upon the severity and repetition of specific offenses and that distinguish minor violations from those that endanger the public […]
560.115 – Surrender of license.
560.115 Surrender of license.—A licensee may voluntarily surrender its license at any time by giving written notice to the office. History.—s. 1, ch. 94-238; s. 1, ch. 94-354; s. 698, ch. 2003-261; s. 12, ch. 2008-177.
560.116 – Civil immunity.
560.116 Civil immunity.—Any person having reason to believe that a provision of this chapter is being violated, has been violated, or is about to be violated, may file a complaint with the office setting forth the details of the alleged violation. Such person is immune from civil liability unless the information provided is false and has […]
560.118 – Reports.
560.118 Reports.— (1) Annual financial audit reports must be filed with the office pursuant to this chapter or related rules. The licensee shall directly bear the cost of the audit. (2) Each licensee must submit quarterly reports to the office in a format and include information as specified by rule. The rule may require the report to contain […]
560.121 – Access to records; record retention; penalties.
560.121 Access to records; record retention; penalties.— (1) Orders of courts or of administrative law judges for the production of confidential records or information must provide for inspection in camera by the court or the administrative law judge; and, if the court or administrative law judge determines that the documents requested are relevant or would likely lead […]
560.123 – Florida Control of Money Laundering in Money Services Business Act.
560.123 Florida Control of Money Laundering in Money Services Business Act.— (1) This section may be cited as the “Florida Control of Money Laundering in Money Services Business Act.” (2) The purpose of this section is to require the maintenance of certain records of transactions involving currency, monetary value, payment instruments, or virtual currency in order to deter […]
560.1235 – Anti-money laundering requirements.
560.1235 Anti-money laundering requirements.— (1) A licensee and authorized vendor must comply with all state and federal laws and rules relating to the detection and prevention of money laundering, including, as applicable, s. 560.123, and 31 C.F.R. ss. 1010.306, 1010.311, 1010.312, 1010.313, 1010.340, 1010.410, 1010.415, 1022.320, 1022.380, and 1022.410. (2) A licensee and authorized vendor must maintain an […]
560.105 – Supervisory powers; rulemaking.
560.105 Supervisory powers; rulemaking.— (1) The office shall: (a) Supervise all money services businesses and their authorized vendors. (b) Have access to the books and records of persons the office supervises as necessary to carry out the duties and functions of the office under this chapter. (c) Issue orders and declaratory statements, disseminate information, and otherwise administer and enforce this […]
560.124 – Sharing of information.
560.124 Sharing of information.—Any person may provide to a money services business, authorized vendor, law enforcement agency, prosecutorial agency, or appropriate regulator, or any money services business, authorized vendor, law enforcement agency, prosecutorial agency, or appropriate regulator may provide to any person, information about any person’s known or suspected involvement in a violation of any state, […]