Requires compliance officers and practitioners to obtain a license; sets application, examination, and continuing education requirements.

New York A03695 mandates that individuals performing compliance functions, duties, or tasks must obtain a compliance officer or practitioner license. The bill establishes application and examination requirements for obtaining the license and continuing education requirements for maintaining it. It allows the superintendent to issue licensing procedures and regulations necessary for the proper supervision of compliance officers and practitioners. The license is valid for two years and can be renewed. The bill also sets forth fees for license applications and renewals.

Requires compliance officers and practitioners to obtain a license; sets application, examination, and continuing education requirements.

New York A03695 mandates that individuals performing compliance functions, duties, or tasks must obtain a compliance officer or practitioner license. The bill establishes application and examination requirements for obtaining the license and continuing education requirements for maintaining it. It allows the superintendent to issue licensing procedures and regulations necessary for the proper supervision of compliance officers and practitioners. The license is valid for two years and can be renewed. The bill also sets forth fees for license applications and renewals.