联邦制国家下申请各州MTL牌照的便捷方式--Nationwide Multistate Licensing System & Registry (NMLS)

GENERAL POLICIES 

NMLS is designed to replace each state’s existing licensing application forms and manual processes.

When the NMLS should be used 

Any person or entity wishing to apply for a license, amend an existing license, surrender a license, cancel a license request, or renew their license should do so through NMLS. Each state agency determines which of their license authorities they wish to manage through NMLS. License authorities managed through NMLS include mortgage, consumer finance, debt, and money services. NMLS is intended to be the ONLY method for applicants or licensees to transact the above actions with participating states. 

Multistate MSB Licensing Agreement Program

The purpose of the Multistate Money Services Businesses Licensing Agreement (MMLA) Program is to create a more efficient money service business (MSB) licensing process among state regulators. State regulators recognized the pain points MSB companies were experiencing when seeking licensure in individual states, including different legal requirements, resources and turn times, procedural requirements and interpretations, and satisfying these similar requirements in each state.

Note: The MMLA is for MSB companies ONLY. The term "money services businesses" for the purposes of the MMLA includes any person doing business in one of the following capacities:

1. Money transmitter

2. Issuer of traveler's checks, money orders, or stored value

3. Seller or redeemer of traveler's checks, money orders, or stored value

4. Currency deal or exchanger.

State-specific requirements outside NMLS 

In addition to using their One Record in NMLS to apply for, amend, surrender, or renew their license; applicants and licensees may be required by a state to submit additional items outside the system. The state licensing requirements will provide instructions that will: 

a. detail any information not contained on the NMLS record that must be submitted by license applicants and licensees; and 

b. explain how certain questions on the licensee’s or applicant’s NMLS record should be answered to meet jurisdiction-specific requirements. 

Materials submitted outside NMLS are expected to be received by the state regulator within 5 days of submission of a form in NMLS.

Filing Date vs. Effective Date 

Given that NMLS is a real-time system, there is no distinction between filing date and effective date. The filing date is the date the filing submission is made in the system to one or more regulators. The change is made to the licensee’s record in the NMLS instantly. As a result, the effective date and the filing date are the same. State licensing requirements should outline effective date expectations, including advance notice if required.