The Office of Financial Regulation (OFR) has issued a proclamation to Florida state-chartered financial institutions and securities professionals in response to the tornadoes that affected North Florida in May.
This announcement aims to address the financial implications for those impacted by the natural disaster. The OFR's guidance will assist institutions and professionals in navigating the challenges posed by the tornadoes, ensuring that they can continue to serve their communities effectively during this difficult time.
The proclamation serves as a reminder of the importance of preparedness and resilience within the financial sector when facing natural disasters. By issuing this guidance, the OFR seeks to support both institutions and individuals affected by these events.