Massachusetts Division of Banks supports NMLS policy changes to provide relief to licensees
March 26, 2020
On March 26, the Massachusetts Division of Banks issued guidance adopting the policy changes proposed by the NMLS to provide a 60-day extension to all licensees to submit Call Reports and financial statements. Additionally MDB is temporarily instituting a policy to extend the Annual Report deadline by 60 days for regulated entities that cannot meet the original deadlines due to the Covid-19 crisis.