663.416 – Public records exemption.
663.416 Public records exemption.— (1) DEFINITIONS.—As used in this section, the term: (a) “Reports of examinations, operations, or condition” means records submitted to or prepared by the office as part of the office’s duties performed pursuant to s. 655.012 or s. 655.045. (b) “Working papers” means the records of the procedure followed, the tests performed, the information obtained, and […]
663.530 – Definitions.
663.530 Definitions.— (1) As used in ss. 663.531-663.539, the term: (a) “Foreign country” means a country other than the United States and includes any colony, dependency, or possession of such country notwithstanding any definitions in chapter 658, and any territory of the United States, including Guam, American Samoa, the Virgin Islands, and the Commonwealth of Puerto Rico. (b) “Home-country […]
663.531 – Permissible activities; prohibited activities.
663.531 Permissible activities; prohibited activities.— (1) Qualification as a qualified limited service affiliate under this part does not provide any exemption from licensure, registration, application, and requirements to conduct licensed business activities in this state. A qualified limited service affiliate may engage in any of the following permissible activities, which are not meant to be restrictive unless […]
663.532 – Qualification.
663.532 Qualification.— (1) To qualify as a qualified limited service affiliate under this part, a proposed qualified limited service affiliate must file a written notice with the office, in the manner and on a form prescribed by the commission. Such written notice must include: (a) The name under which the proposed qualified limited service affiliate will conduct business […]
663.5325 – Civil action subpoena enforcement.
663.5325 Civil action subpoena enforcement.— (1) Notwithstanding s. 655.059, a qualified limited service affiliate established under this chapter is not required to produce a book or record pertaining to a customer of an affiliated international trust entity that is located outside the United States or its territories in response to a subpoena if the book or record […]
663.533 – Applicability of the financial institutions codes.
663.533 Applicability of the financial institutions codes.—A qualified limited service affiliate is subject to the financial institutions codes. Without limiting the foregoing, the following provisions are applicable to a qualified limited service affiliate: (1) Section 655.012, relating to general supervisory powers of the office. (2) Section 655.031, relating to administrative enforcement guidelines. (3) Section 655.032, relating to investigations, subpoenas, […]
663.534 – Events that require notice to be provided to the office.
663.534 Events that require notice to be provided to the office.—A qualified limited service affiliate must report to the office, within 15 days of its knowledge of the occurrence, any changes to the information previously relied upon by the office when qualifying or renewing a qualification under this part. History.—s. 45, ch. 2017-83.
663.535 – Notice to customers.
663.535 Notice to customers.—All marketing documents and advertisements and any display at the location of the qualified limited service affiliate or at any trade or marketing event must contain the following statement in a contrasting color in at least 10-point type: “The Florida Office of Financial Regulation DOES NOT provide safety and soundness oversight of this […]
663.536 – Recordkeeping requirements for trade, industry, or professional events.
663.536 Recordkeeping requirements for trade, industry, or professional events.—A qualified limited service affiliate who participates in a trade, industry, or professional event pursuant to s. 663.531 must keep a record of its participation in the event. The record must be maintained for at least 2 years following the event and must contain the following information: (1) The […]
663.537 – Examination or investigation of a qualified limited service affiliate.
663.537 Examination or investigation of a qualified limited service affiliate.—The office may conduct an examination or investigation of a qualified limited service affiliate at any time that it deems necessary to determine whether the qualified limited service affiliate or financial institution-affiliated party thereof has violated, or is about to violate, any provision of this chapter, any […]