On Sept. 30, 2025, the OFR requested approval from the Florida Financial Services Commission to publish a Notice of Proposed Rule to amend Rules 69U-100.323 and 69U-100.3231 and for final adoption of the proposed amendments, subject to any request for a rule hearing.1 Rules 69U-100.323 and 69U-100.3231 implement the annual attestation requirement and complaint process set forth in the Florida unsafe and unsound practices statute, Section 655.0323, Florida Statutes (commonly referred to as HB 989).

Over the past two years, the OFR has been actively involved in legislative and regulatory initiatives aimed at curbing discriminatory banking practices, commonly referred to as “de-banking practices.” If approved, the OFR’s amendments would expand the scope of existing de-banking protections while increasing the burden on financial institutions.

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1 Agenda, Fin. Servs. Comm’n, Office of Fin. Reg., Sept. 30, 2025, at 1-4 [hereinafter, Agenda].