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Maryland Licensing Workgroup Meeting Notice - April 17, 2026

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Summary

The Maryland Office of Financial Regulation announces the next meeting of the Maryland Licensing Workgroup on April 17, 2026 at 1:00 p.m. The Workgroup, established by House Bill 1516 effective April 22, 2025, evaluates the state's financial services licensing and registration framework. Meeting materials from November 2025 through March 2026 are available on the department website.

Published by MD DOB on dllr.state.md.us . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

The Maryland Office of Financial Regulation maintains this webpage announcing the next meeting of the Maryland Licensing Workgroup on April 17, 2026. The Workgroup, established by House Bill 1516 enacted April 22, 2025, is tasked with reviewing the state's financial services licensing statutes and regulations, assessing licensing system efficacy, evaluating whether additional providers should be subject to licensing, and analyzing impacts on credit access, market competitiveness, and consumer protection. The webpage provides meeting access information, a list of Workgroup members including Commissioner Tony Salazar as Chair, and links to prior meeting materials.

Financial services industry participants including banks, credit unions, mortgage lenders, and consumer finance providers should monitor Workgroup activities as recommendations may inform future licensing requirements in Maryland. The Workgroup's interim report for the year ending December 31, 2025 is available on the department website.

Archived snapshot

Apr 16, 2026

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Maryland Licensing Workgroup - Financial Regulation

Last reviewed/updated: March 31, 2026

The Maryland Office of Financial Regulation leads the Maryland Licensing Workgroup, which was established by the General Assembly under House Bill 1516 and took effect on April 22, 2025. The Workgroup is charged with evaluating the State’s existing financial services licensing and registration framework and making recommendations to enhance efficiency, regulatory oversight, and consumer protections.

The Workgroup is required to:

  • Review Maryland’s current licensing statutes and regulations across financial services sectors;
  • Assess the efficacy of current licensing systems and structures;
  • Evaluate whether additional financial service providers should be subject to licensing or registration;
  • Analyze potential impacts on access to credit, market competitiveness, and consumer protection; and
  • Submit a report with findings and recommendations to the Governor and General Assembly See below for Workgroup Reports and Meeting Materials.

Workgroup Members

Name Affiliation Role
Tony Salazar Office of Financial Regulation, Maryland Department of Labor Commissioner of Financial Regulation (Chair)
Ben Carney Gordon, Wolf & Carney Consumer Advocate
Emanwel Turnbull The Holland Law Firm Consumer Advocate
Marceline White Economic Action Maryland Consumer Advocate
Chris Rahl Gordon Feinblatt Banking Institution Representative
Kevin Kesecker SECU of Maryland Credit Union Representative
Nanci Weissgold Alston & Bird State Laws and Regulations, Lending and Consumer Finance Expertise
Matthew Calhoun M&T Bank Lending, Capital Markets, and Structured Finance Expertise
Milissa Murray n/a Member of the Public
Appointment Pending - Nonbank Mortgage Representative

Workgroup Staff:

Kat Hyland, Deputy Commissioner, Financial Services & Consumer Protection (Chair Designee)
Clifford Charland, Assistant Commissioner, Financial Services Licensing & Supervision
Amy Hennen, Assistant Commissioner, Policy & Engagement
Arlene Williams, Licensing Director
Ayanna Daugherty, Senior Analyst
Emily Hanson, Counsel
Kenneth Krach, Counsel

Administrator:

Meredith Merchant, Financial Services Operations Director & Strategic Advisor
Email: [email protected] | Phone: 410-230-6099

Meeting Notice

The next meeting of the Maryland Licensing Workgroup is scheduled for Friday, April 17, 2026 at 1:00 p.m. The meeting may be accessed online via Google Meet [https://meet.google.com/mco-cjpg-dqj ] or by telephone at 1-262-885-7022 (PIN 550 367 512#).
To request an ASL interpreter or other accommodation, please contact Meredith Merchant by email at [email protected] or by phone at (410) 230-6099 before April 10, 2026.
Posted on OFR website: March 31, 2026

Reports and Meeting Materials

(Interim) Report for the Year Ending December 31, 2025

Meeting agendas, slides, summaries, and recordings are linked below. Materials are uploaded when they become publicly available.

November 7, 2025 — Agenda (PDF) | Slides (PDF) | Summary (PDF) | Recording

December 5, 2025 — Agenda (PDF) | Slides (PDF) | Summary (PDF) | Recording

January 16, 2026 — Agenda (PDF) | Slides (PDF) | Summary (PDF) | Recording

February 13, 2026 — Agenda (PDF) | Summary (PDF) | Recording

February 27, 2026 — Agenda (PDF) | Summary (PDF) | Recording

March 20, 2026 — Agenda (PDF)

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Last updated

Classification

Agency
MD DOB
Published
March 31st, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks Insurers Financial advisers
Industry sector
5221 Commercial Banking
Activity scope
Financial licensing review Workgroup meetings
Geographic scope
US-MD US-MD

Taxonomy

Primary area
Financial Services
Operational domain
Compliance
Topics
Banking Consumer Finance

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