Regulatory AlertsSR 20-6: Identification of Essential Critical Infrastructure Workers in the Financial Services Sector During the COVID-19 Response
The Federal Reserve issued this letter to inform supervised financial institutions and their service providers that the Cybersecurity and Infrastructure Security Agency has identified specific financial services workforce categories as essential critical infrastructure workers. The guidance defines essential roles including those processing financial transactions, providing consumer access to banking services, and supporting financial operations through data and security centers. Supervised institutions are instructed to provide essential employees and contractors with leadership letters confirming their status to facilitate access to workplaces and movement within restricted areas during COVID-19-related restrictions.
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