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Financial Services Law Insights and Observations

Wisconsin Department of Financial Institutions issues emergency guidance on remote notarization

State Issues Covid-19 Wisconsin Notary Fintech

State Issues

On March 18, the Wisconsin Department of Financial Institutions (DFI) issued emergency guidance authorizing remote online notarization in response to the Covid-19 crisis. Remote online notarizations must be performed using technology providers that are regulated under standards that meet or exceed the state safeguards.  The DFI has approved four remote online notarization providers thus far, two each for remote notary services to the general public, and for title companies and other real-estate transactions.