A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE ATTORNEY GENERAL, RELATING TO MONEY SERVICES, DESIGNATED AS

S. 572 is a joint resolution that approves specific regulations proposed by the Attorney General regarding money services. These regulations, designated as Regulation Document Number 5363, aim to repeal older rules previously adopted under the South Carolina Anti-Money Laundering Act. The purpose is to update the regulatory framework, as the recently adopted South Carolina Money Services Act has rendered the previous regulations unnecessary. This bill affects businesses and individuals involved in providing money services by modernizing the rules they operate under.