Read more about the current Greenbook proposals. ...
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With the country slowly reopening from the COVID-19 pandemic, it’s time to consider the risks associated with reopening your branch locations.
With the ultimate goal of providing a safe environment where customers and branch employees can conduct banking business and essential operations, banks must be proactive in their risk mitigation efforts. While considering how to reopen branches or expand operations, it’s key that financial institutions review and incorporate the requirements of the CDC, OSHA, EEOC, DHS, WHO, DOL, and FFCRA into their plans. On top of this, banks should be following the guidance issued by state and local officials. Bank policy should be assisting in next steps and determination of priorities when reopening or expanding operations.
Plans for reopening should also address key risks and the associated mitigation efforts surrounding strategic, safety, operational, security, and compliance risks.
Failure to assess risks and develop risk mitigation strategies can impact your bank’s ability to successfully reopen branch locations.
Read more about the current Greenbook proposals. ...
Learn more about the regional and national supply chain implications of the Baltimore Key Bridge collapse. ...
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