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Action required Mississippi Department of Banking and Consumer Finance MS Jul 14, 2026

Mississippi HB1596 authorized delegate disclosure requirements for money transmitters became effective

Mississippi listed HB1596, Authorized Delegate Disclosure Requirements, as issued June 12, 2026 and effective July 1, 2026. The change affects money transmitter regulatory requirements tied to authorized delegate relationships.

Mississippi listed HB1596, Authorized Delegate Disclosure Requirements, as issued June 12, 2026 and effective July 1, 2026. The change affects money transmitter regulatory requirements tied to authorized delegate relationships.

What changed

The state added or revised disclosure obligations connected to authorized delegates in the money transmitter space.

Compliance perspective

Money transmitters using delegate networks in Mississippi should review contracts, point-of-sale disclosures, and oversight procedures for delegate relationships. This is a targeted licensing administration issue that can create exam findings if left untouched.

Key date

Effective date: July 1, 2026.

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