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Missouri governor issues an executive order suspending certain agency regulations
On March 18, Missouri’s governor issued Executive Order 20-04, which provides certain departments, including the Department of Commerce and Insurance and the Division of Professional Regulation and its boards, with authority to temporarily waive or suspend the operation of any statutory requirement or administrative rule, upon approval of the Office of the Governor, where strict compliance with such requirements and rules would prevent, hinder, or delay necessary action by the department to respond to Covid-19. In line with the executive order, the Department of Commerce and Insurance issued guidance to all insurers conducting the business of insurance in Missouri regarding assistance to policy holders impacted by Covid-19.
Missouri Division of Finance asks banks to communicate schedule/service changes
On March 17, the Missouri Division of Finance communicated with state-chartered banks, requesting that the MDF be notified of any changes affecting schedules or services offered. If the closure of an entire facility for more than 24 hours is necessary, banks are instructed to ensure that the community has alternative means to access banking services.