{"id":"AGY-ST-INSURANCE-BANKING-085","kind":"context","level":"sector-regulator","jurisdiction":"Texas; Texas Department of Banking","state":"TX","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Charles G. Cooper, Banking Commissioner","authority":"Tex. Fin. Code § 11.301","instrument":"Industry Notice 2020-05","title":"Business Continuity Planning Considerations - COVID-19","dateIssued":"2020-03-30","effective":"2020-03-30","end":"Not rescinded","startDate":"2020-03-30","endDate":"2020-09-30","quarters":["2020Q2","2020Q3"],"types":["EMP"],"addressees":["Texas state-chartered banks (developed with the Independent Bankers Association of Texas and the Texas Bankers Association)"],"clause":"To assist in the review of your operational preparedness in response to the issues presented by COVID-19, the following has been developed in conjunction with the Independent Bankers Association of Texas and the Texas Bankers Association. Each community and therefore, each bank may be experiencing the COVID-19 emergency in unique ways, so this set of recommendations does not constitute required action. This guide contains a list of important areas to consider as you maintain essential business operations during the pandemic.","enforcement":"None (recommendations)","functions":["OP business continuity (remote work, split operations)","BR branch staffing and lobby access","WF"],"notes":"Recommendations only; retained as the regulator\u0027s contemporaneous description of the operating conditions banks faced.","sourceUrl":"https://www.dob.texas.gov/public/uploads/files/news/Industrynotices/in2020-05.pdf","snapshot":"https://web.archive.org/web/20200906112905/https://www.dob.texas.gov/public/uploads/files/news/Industrynotices/in2020-05.pdf","fileExists":true,"fileBytes":172282,"grade":"primary","character":"context","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-085","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-085","citation":"Charles G. Cooper, Banking Commissioner, Industry Notice 2020-05 (Mar. 30, 2020) (Ex. AGY-ST-INSURANCE-BANKING-085)","stateName":"Texas","related":["AGY-ST-INSURANCE-BANKING-084","AGY-ST-INSURANCE-BANKING-086","AGY-ST-INSURANCE-BANKING-083","AGY-ST-INSURANCE-BANKING-087"]}