RegAlert2023-08-08
Added
Procedural Reminders for Hurricane Dora and Wildfires
State-chartered financial institutions and state-licensed companies may close offices or establish temporary locations without prior approval following the state of emergency proclaimed for Hurricane Dora and the Wildfires. Institutions must notify the Commissioner of Financial Institutions via telephone or email to report office closures, evacuated staff contact information, and the creation of temporary locations after the fact. These procedures fulfill statutory obligations under Hawaii Revised Statutes chapters 412, 454F, 454M, 489D, 449, and 480J.
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JOSH GREEN, M.D.
GOVERNOR | KE KIAʻĀINA
SYLVIA LUKE LIEUTENANT GOVERNOR | KA HOPE KIAʻĀINA IRIS IKEDA COMMISSIONER TARA L. MURPHY DEPUTY COMMISSIONER NADINE Y. ANDO DIRECTOR | KA LUNA HOʻOKELE DEAN I HAZAMA DEPUTY DIRECTOR | KA HOPE LUNA HOʻOKELE STATE OF HAWAII | KA MOKUʻĀINA ʻO HAWAIʻI DIVISION OF FINANCIAL INSTITUTIONS DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS KA ʻOIHANA PILI KĀLEPA 335 MERCHANT STREET, ROOM 221, HONOLULU, HAWAII 96813 P.O. BOX 2054, HONOLULU, HAWAII 96805 Phone: (808) 586-2820 Fax: (808) 586-2818 E-Mail: dfi@dcca.hawaii.gov Commissioner of Financial Institutions Procedural Reminders for Hurricane Dora and Wildfires On August 8, 2023, Acting Governor Sylvia Luke proclaimed a state of emergency due to Hurricane Dora and the Wildfires. If any state-chartered financial institution or state-licensed company finds it necessary to close any office as a precaution for an emergency, you may telephone or email a brief notice to this office in order to fulfill your statutory obligations under the various statutory chapters 412, 454F, 454M, 489D, 449, and 480J, Hawaii Revised Statutes. Division of Financial Institutions Telephone: 808.586.2820 Email address: dfi@dcca.hawaii.gov Dfi-nmls@dcca.hawaii.gov If the staff and employees of any state-chartered financial institution or statelicensed company have evacuated, please get in contact with this office as soon as possible to report your new contact information for customers and regulators and the status of your institution. In the event a state-chartered financial institution or state-licensed company suffers a whole or partial loss of its main office, branch, agency office, or principal office due to Hurricane Dora and the Wildfires, it is NOT necessary to seek the prior approval of this office in order to establish a temporary location. Notice must be given to the Commissioner after-the-fact, of the creation of the temporary location and its address. S:\Admin\Disaster Recovery - Business Continuity\2023 HC Dora Wildfires
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Source: Hawaii Division of Financial Institutions — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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