Florida Banking and Finance Bills to Watch This Legislative Session

Financial Services Partner Gabriel Caballero was mentioned in an article published by the South Florida Business Journal about new banking and finance bills proposed in Florida's legislative session. The bills cover areas including public record exemptions for new banking applicants, beneficiary/bank regulation for money transfers and allowing public deposits for credit unions. Mr. Caballero expressed concerns about the practical application of proposed changes, highlighting how they could affect banks required to comply with an evolving regulatory landscape.

"There's definitely a lot of legislative activity the financial services industry is very concerned about that might not be appropriately considering the practical application of other laws and regulations banks are required to comply with," he said.

READ: Florida Banking and Finance Bills to Watch This Legislative Session (Subscription required)