Connecticut Once Again Extends No-Action Policy on Branch Licensing for Debt Collectors Working from Home

Published on:
22 June 2020 at 11:00 a.m. ET

Written by: Katie Grzechnik Neill – General Counsel & Regulatory Editor – insideARM

http://www.insidearm.com/news/00046410-connecticut-once-again-extends-no-action-/

Connecticut has yet again extended its no-action policy regarding debt collectors working from home. Back in March, the Banking Commissioner first issued its policy, which relaxed the branch office licensing requirement for debt collectors who are working remotely due to the COVID-19 pandemic. The policy was extended twice already, this is the third extension. The no-action policy is now in place through August 31, 2020.

On a related note, read this about Washington's emergency rule.

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