The Office of Financial Regulation (OFR) has issued a proclamation concerning potential Tropical Cyclone Nine. This announcement is directed at Florida state-chartered financial institutions and securities professionals.
The OFR aims to prepare these entities for the possible impacts of the cyclone, ensuring that necessary precautions are taken to safeguard operations and client interests. The statement serves as a reminder for institutions to review their emergency procedures and readiness plans.
By addressing this matter, the OFR underscores its commitment to maintaining stability within Florida's financial sector during adverse weather conditions.