Rhode Island Banking Division Announces Move to State Examination System
Licensees in Rhode Island will be able to track supervisory activity on the state system launched last year.
4/29/2021 8:00 AM
LicensingNewsStateCompliance
The Rhode Island Division of Banking will soon start using the State Examination System (SES) to conduct supervisory activities such as examinations and commencement of administrative actions, share consumer complaints and other supervisory activities with licensees.
The division sent out a notice to licensees April 13 with information on the impact to companies in the accounts receivable management industry, including efficiencies in understanding the status of supervisory activity and the ability to securely respond to regulator requests with easy document upload features.