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Financial Services Law Insights and Observations

Oklahoma regulator extends 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 fourth time, its interim guidance to regulated entities on working from home (see here, here, here, and here for previous coverage). The guidance sets forth data security standards for regulated entities with employees working from home and 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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