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Financial Services Law Insights and Observations

District of Columbia Department of Insurance, Securities and Banking issues bulletin regarding submission of filings

State Issues Covid-19 District of Columbia Insurance Securities Banking Fintech

State Issues

On April 24, the District of Columbia Department of Insurance, Securities and Banking issued a Bulletin 0X-SB-00X 03/20 suspending the procedures established by Bulletin 03-SB-04-03/21 in light of the Covid-19 public health emergency. Required filings and fee payments that would have been submitted pursuant to the procedures outlined in Bulletin 03-SB-04-03/21 must now be submitted to the department via PDF to a specified email address. Further, instead of physical checks, the associated payments must be submitted in electronic form in accordance with the instructions in the bulletin.