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Financial Services Law Insights and Observations

Nebraska issues guidance regarding examinations during Covid-19 emergency

State Issues Nebraska Examination Consumer Protection Covid-19 State Regulators

State Issues

On March 25, the Nebraska Department of Banking and Finance (Department) announced it will temporarily halt all regular examinations unless the examination is critical to safety and soundness, consumer protection, or is necessary to address an urgent or immediate need. If the Department already has a majority of the requested information, the institution may elect to move forward with the Department’s examination. The Department will reassess this approach on April 24 or when the emergency has ended, whichever is sooner. 

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