Directs the superintendent of banks to require licensed check cashers to file suspicious activity reports.

This bill amends the banking law to direct the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports. This measure aims to enhance oversight and detection of suspicious activities related to check cashing.

Directs the superintendent of banks to require licensed check cashers to file suspicious activity reports.

This bill amends the banking law to direct the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports. This measure aims to enhance oversight and detection of suspicious activities related to check cashing.