Proclamation to Florida Financial Institutions Regarding Tropical Storm Milton
Summary
The Florida Office of Financial Regulation (FL OFR) issued a proclamation on October 6, 2024, to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Milton. The proclamation appears to be a standard emergency notification mechanism for the financial services sector during severe weather events. No specific compliance obligations, deadlines, or penalties are detailed in the notice.
What changed
The FL OFR issued a proclamation on October 6, 2024, specifically addressing Tropical Storm Milton to Florida state-chartered financial institutions and securities professionals. This appears to be a standard emergency notification mechanism alerting affected entities of storm conditions and providing relevant guidance. The document links to a PDF with full proclamation details.
Financial institutions and securities professionals operating in Florida should review the proclamation and follow any applicable emergency procedures or guidance provided. As this is a routine weather-related notice, no immediate compliance actions or penalties are specified.
Source document (simplified)
OFR Issues Proclamation Regarding Tropical Storm Milton
10/06/2024
Today, the Office of Financial Regulation issued a proclamation to Florida state-chartered financial institutions and securities professionals regarding Tropical Storm Milton.
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