Supervisors Symposium - December 2023

CONFIDENTIAL

MMET & MTRA Initiatives

Initiatives:

 MTMA Implementation • Tangible Net Worth Calculation (Net vs. Gross Receivables/Payables, Right-of-Use Assets, Treatment of Consumer Funds) • Industry Resistance from Payroll Processors

 MTRA Training Opportunities – Licensing School  Ongoing Monitoring of Distressed Companies

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CONFIDENTIAL

Comments & Questions

Kristin A. Rice NC Office of the Commissioner of Banks Email: krice@nccob.gov

Ingrid White OH Dept. of Commerce Division of Financial Institutions Email: Ingrid.White@com.ohio.gov Rick St. Onge WA Dept. of Financial Institutions Email: Rick.St.Onge@dfi.wa.gov

Anya Tabb WA Dept. of Financial Institutions Email: anya.tabb@dfi.wa.gov

Tony Vasile Conference of State Bank Supervisors Email: tvasile@csbs.org

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