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Financial Services Law Insights and Observations

Oklahoma regulator amends working from home guidance

State Issues Covid-19 Oklahoma Consumer Credit Privacy/Cyber Risk & Data Security Licensing

State Issues

On September 23, the Oklahoma Department of Consumer Credit extended, for the third time, its interim guidance to regulated entities on working from home (see herehere, here and here for previous coverage). The guidance sets forth data security standards that regulated entities must meet in order to satisfy the department guidance. The guidance also provides that the department will expedite and waive fees for change of address applications in the event that a licensed location is compromised by Covid-19 or is undergoing decontamination. The guidance was extended through October 31, 2020.

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