(1) The person or firm selected by the office may not have a conflict of interest that might affect its ability to independently perform its responsibilities with respect to an examination.
(2) An examination under this section may be conducted by an independent certified public accountant, information technology specialist, or other specialist specified by rule who meets criteria specified by rule. The rules shall also provide that:
(a) The rates charged to the licensee examined are consistent with rates charged by other firms in similar professions and are comparable with the rates charged for comparable examinations.
(b) The licensee make payment for the examination pursuant to s. 560.1092 and in accordance with the rates and terms established by the office and the person or firm performing the examination.
History.—s. 5, ch. 2008-177.
Structure Florida Statutes
Title XXXIII - Regulation of Trade, Commerce, Investments, and Solicitations
Chapter 560 - Money Services Businesses
Part I - General Provisions (Ss. 560.103-560.144)
560.105 - Supervisory powers; rulemaking.
560.109 - Examinations and investigations.
560.1091 - Contracted examinations.
560.1092 - Examination expenses.
560.113 - Injunctions; receiverships; restitution.
560.114 - Disciplinary actions; penalties.
560.1141 - Disciplinary guidelines.
560.115 - Surrender of license.
560.121 - Access to records; record retention; penalties.
560.123 - Florida Control of Money Laundering in Money Services Business Act.
560.1235 - Anti-money laundering requirements.
560.124 - Sharing of information.
560.125 - Unlicensed activity; penalties.
560.126 - Required notice by licensee.
560.127 - Control of a money services business.
560.128 - Customer contacts; license display.
560.1401 - Licensing standards.