The Conference of State Bank Supervisors (CSBS) recently announced at the NMLS Annual Conference & Training in San Francisco that the new State Examination System (SES) is set to launch nationwide. SES is the first nationwide system that allows state agencies to manage the examination process on a single platform. Through SES, state regulators will be able to connect with companies during the examination process in order to promote greater transparency and collaboration.
According to the State Regulatory Registry, LLC’s (SRR) Annual Report on NMLS operations, nearly 40 state agencies have committed to adopting SES as of the end of December 2019. SRR is a non-profit subsidiary of the CSBS that operates NMLS on behalf of state financial services regulatory agencies.
