Mississippi banking regulator issues memorandum on pandemic preparedness

State Issues Covid-19 Mississippi Licensing

On March 14, the Mississippi Department of Banking and Consumer Finance (DBCF) issued a memorandum to remind licensees to review risk management plans, including business continuity and pandemic plans, to ensure continuity of services. In addition, the guidance recommends licensees to: work with consumers impacted by Covid-19, be prepared for disruptions to availability of key personnel, and notify DBCF of any issues relating to events caused by Covid-19.