Mississippi Fair Banking Standards Act aims to ensure fair access to financial services for Mississippians.
The Guaranteeing Fair Banking for All Mississippians Act establishes the public policy of Mississippi to ensure fair and equal access to financial services for all Mississippians. It urges Congress and the President to stop federal regulators from using financial institutions to target lawful industries and individuals. The act mandates the Department of Banking and Consumer Finance to review and revise agency guidance to prevent the use of "reputational risk" in denying services to lawful businesses and individuals.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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