2023 Instructor Training Workshop

Internal Use Only

Goals by Year-end 2025 Workforce Development ‐‐ All 50 states annually engage in one workforce development initiative (regulatory training, examiner certification, and agency accreditation). Banking ‐‐ The state bank charter remains the charter of choice, with the states chartering 79% of all U.S. banks. Model Laws ‐‐ 50 state adoption of model laws (35 states MTMA; 25 states Prudential Standards; 20 states data security).

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Internal Use Only

Goals by Year-end 2025 (cont’d) NMLS ‐‐ 60% of NMLS capabilities are modernized. Organizational Finances ‐‐ Maintain 100% of the requirements of the organizational risk reserve framework. Preempting Preemption ‐‐ No federal charters or licenses for nonbank activities.

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