How many divisions does the Florida Department of CFO have?
The Department is made up of 14 functional Divisions, which perform the work of the Department, and 7 Offices, which assist the CFO in managing the Department and fulfilling the CFO's responsibilities. "My Florida CFO Home.".
Where is the Florida Department of financial services located?
Its headquarters are in Tallahassee. In 2002 the Florida Legislature merged the Department of Insurance, Treasury and State Fire Marshal and the Department of Banking and Finance into one department, the Florida Department of Financial Services.
How many departments are there in the Department?
The Department is made up of 14 functional Divisions, which perform the work of the Department, and 7 Offices, which assist the CFO in managing the Department and fulfilling the CFO's responsibilities.
What does the Florida Division of consumer services do?
The Division of Consumer Services offers a variety of information and resources to educate consumers regarding numerous insurance and financial topics. Our mission is to proactively educate and assist Florida’s insurance and financial consumers through responsive, professional and innovative service.
What are the 13 divisions of the Florida Department of Financial Services?
DivisionsDivisions.Accounting & Auditing.Insurance Agent & Agency Services.Investigative & Forensic Services.Rehabilitation & Liquidation.Unclaimed Property.Workers' Compensation.Offices.More items...
What does the Florida Division of Financial Institutions do?
The Division of Financial Institutions conducts periodic risk-based examinations and ensures that each state-chartered financial institution meets state and federal requirements for safety and soundness. The division is organized into a Bureau of Bank Regulation and a Bureau of Credit Union Regulation.
Which division of the Florida Department of Financial Services is a law enforcement agency?
The Division of Investigative and Forensic ServicesThe Division of Investigative and Forensic Services encompasses all law enforcement and forensic components residing within the Department of Financial Services.
Who comprises the Florida Financial Services Commission?
Financial Services Commission The Commission is comprised of four members: the Governor, the Attorney General, the Chief Financial Officer and the Commissioner of Agriculture.
What are the 11 business units that make up the offices of insurance regulation OIR )?
DivisionsCompany Admissions.Life and Health Financial Oversight.Market Research and Technology.Specialty Product Administration.Legal Services.Life and Health Product Review.Property and Casualty Financial Oversight.Communications.More items...
Is the Florida Department of Financial Services Real?
Florida Department of Financial Services (FLDFS) is a state agency of Florida. Its headquarters are in Tallahassee.
What does the chief financial officer of Florida do?
The office heads the Florida Department of Financial Services and is responsible for overseeing the state's finances, collecting revenue, paying state bills, auditing state agencies, regulating cemeteries and funerals, and handling fires and arsons.
Who is Secretary Department of Financial Services?
Shri Debasish PandaDepartment of Financial Services Shri Debasish Panda is the current secretary of this department.
Which entity regulates banks in Florida?
The Office of Financial Regulation (OFR)The Office of Financial Regulation (OFR) is responsible for supervising state-chartered banks, credit unions, savings associations, and international bank agencies, and licenses and regulates non-depository finance companies and the securities industry.
Who oversees all financial services in the state of Florida including insurance?
A body consisting of Florida's governor and Cabinet, the Commission appoints two officials to handle the regulation of banking, securities and insurance.
What agency regulates insurance companies in Florida?
The Florida Office of Insurance Regulation (OIR) is responsible for all activities concerning insurers and other risk bearing entities, including licensing, rates, policy forms, market conduct, claims, issuance of certificates of authority, solvency, viatical settlements, premium financing, and administrative ...
What are the 2 offices of the Financial Services Commission quizlet?
What are the 2 offices of the Financial Services Commission? The Office of Financial Regulation and the Office of Insurance Regulation.
What is considered a Florida banking institution?
(i) “Financial institution” means a state or federal savings or thrift association, bank, savings bank, trust company, international bank agency, international banking corporation, international branch, international representative office, international administrative office, international trust entity, international ...
Who oversees all financial services in the state of Florida including insurance?
A body consisting of Florida's governor and Cabinet, the Commission appoints two officials to handle the regulation of banking, securities and insurance.
Who regulates ATM?
Ans. RBI has mandated minimum number of free transactions at ATMs. Banks may offer more number of free transactions to their customers.
What state agency regulates banks?
The OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks.