March 24, 2020 / Blog Post

Financial services sector classified as critical infrastructure

Banking & Finance Law Report

On March 22, 2020, Steve Mnuchin, Secretary of the Treasury, released a memorandum providing that the financial services sector is identified as Critical Infrastructure Sector by the Department of Homeland Security. This means that despite the restrictions put in place to slow the spread of COVID-19, essential workers in the financial services sector must maintain their operations and work schedules.

Read the full post on our blog, Banking & Finance Law Report.