FL H0623

Creates a third-degree felony for knowingly and willfully failing to provide required information relating to check cashing transactions under s. 560.310(2)(d).

Authorizes the Office of Financial Regulation to summarily suspend a money services business license if criminal charges are filed against or arrest occurs for a person listed on the license application for crimes related to money services violations.

Provides that deferred presentment transactions conducted by unauthorized persons are void, and the unauthorized person has no right to collect, receive, or retain any principal, interest, or charges from such transactions.

Updates multiple cross-references throughout Florida Statutes Chapter 560 to reference current federal regulations regarding anti-money laundering requirements and suspicious activity reporting.

Takes effect July 1, 2014.