FL S0540

Requires the Department of Children and Families to share suspected financial exploitation reports involving vulnerable adults with the Office of Financial Regulation within 15 days and authorizes a memorandum of agreement between the agencies for cooperation on protective investigations

Mandates that loan originators, mortgage brokers, mortgage lenders, and money services businesses develop comprehensive written information security programs with administrative, technical, and physical safeguards for customer data protection, with exemptions for businesses with fewer than 20 workers or 500 customers annually

Requires licensees to notify the Office of Financial Regulation of security breaches affecting 500 or more Florida individuals and to maintain incident response plans addressing cybersecurity events

Expands emergency suspension order authority for money services business licenses and changes license suspension from discretionary to mandatory under certain circumstances

Authorizes credit union member meetings to be held virtually without an in-person quorum, removes certain investment limitations on credit union real estate and equipment, and revises requirements for organizing banks, trust companies, and credit unions