The D.C. Department of Insurance, Securities and Banking announced it will begin using the Nationwide Multi-State Licensing System (NMLS) to manage money transmitter, check casher, money lender, retail seller, sales finance company and non-bank ATM licenses and registrations.  On September 3, 2014, all new registrants will be required to use the NMLS, while current license holders will have until December 31, 2014, to complete an NMLS record.

While 60 state agencies and six federal agencies use NMLS for mortgage companies, Washington D.C. is now one of 31 jurisdictions that will use the system for non-mortgage related purposes, such as money transmitter licensing.  Washington D.C. has been pushing to standardize its licensing and registration applications requirements under the NMLS for some time.

More information may be found here.