Fla. Admin. Code Ann. R. 69U-100.004 - Notification

(1) At least 14 days prior to establishing an International Banking Facility, a state chartered or state licensed banking organization shall notify the Office of Financial Regulation (OFR) of its intent.

(2) Such notification shall include a statement of intention by the banking organization that it will comply with the Financial Services Commission rules pertaining to International Banking Facilities and Federal International Banking Facility regulations concerning restrictions on sources and uses of funds, recordkeeping, and accounting requirements.

Notification shall be sent by U.S. Mail or Email to:

Director, Division of Financial Institutions

Office of Financial Regulation

200 East Gaines Street

Tallahassee, Florida 32399-0371

OFRFinancialInstitutions@flofr.com

Notes

Fla. Admin. Code Ann. R. 69U-100.004

Rulemaking Authority 655.012(2), 655.071(3) FS. Law Implemented 655.071(3) FS.

New 4-25-85, Formerly 3C-17.03, 3C-17.003, 3C-100.004, Amended by Florida Register Volume 47, Number 002, January 5, 2021 effective 1/18/2021.

New 4-25-85, Formerly 3C-17.03, 3C-17.003, 3C-100.004, Amended 1-18-21.