• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About
  • Advertise
  • Submit News
  • Contact Us

Capital Soup

Florida News Straight From the Source

  • Featured
  • Leaders
  • Government
  • Industry
  • Education
  • Opinion
You are here: Home / Government / Statement on the Signing of Banking Modernization Legislation

Statement on the Signing of Banking Modernization Legislation

Posted on June 9, 2022

Office of Financial Regulation (OFR) Commissioner Russell C. Weigel, III, today offered the following statement on Governor DeSantis signing Florida Senate Bill 1680 – Financial Institutions. This bill revises outdated language and modernizes Florida’s banking laws. The bill also allows banks to propose an online presence instead of requiring a brick and mortar footprint. The bill has an effective date of July 1, 2022.

OFR Commissioner Russell C. Weigel, III, said, “I thank Governor Ron DeSantis for his support in ensuring that Florida continues to attract financial services businesses to the state. The Office of Financial Regulation will continue to support modernization in the financial services industry while protecting Floridians from scams and bad actors. Thank you also to our bill sponsors, Senator Joe Gruters and Representative Webster Barnaby, for their dedicated support of this legislation.”

Share this article! Share on FacebookShare on Twitter

Filed Under: Government Tagged With: Banking Modernization Legislation

Primary Sidebar

    Submit News    

Governor DeSantis Signs Consumer Protection Legislation to Support Florida Policyholders When Disaster Strikes

Governor DeSantis signed three bills that strengthen Florida’s property insurance market … [Read More...] about Governor DeSantis Signs Consumer Protection Legislation to Support Florida Policyholders When Disaster Strikes

Governor Ron DeSantis Signs Legislation to Protect Florida’s Water Resources and Support Conservation Efforts

Legislation supports Governor DeSantis’ bold vision for Florida’s environment laid out in Executive Order … [Read More...] about Governor Ron DeSantis Signs Legislation to Protect Florida’s Water Resources and Support Conservation Efforts

Governor Ron DeSantis Awards $60 Million to 22 Projects Through the Broadband Opportunity Program

To Date, More Than $226 Million Awarded for 88 Projects Across 53 Florida Counties, Connecting More Than … [Read More...] about Governor Ron DeSantis Awards $60 Million to 22 Projects Through the Broadband Opportunity Program

Keep in Touch

  • Email
  • Facebook
  • Twitter

Newsletter signup

Stay in the loop! Subscribe to our weekly newsletter to receive a brief recap of the week's most popular stories.

Footer

News

  • Featured
  • Leaders
  • Government
  • Industry
  • Education
  • Opinion

About Us 

  • About
  • Advertise
  • Submit News
  • Contact Us

Keep in Touch

  • Email
  • Facebook
  • Twitter

Copyright © 2021
Terms & Conditions

© Copyright 2023 Capital Soup · All Rights Reserved ·