New York Department of Financial Services is the department of the New York state government responsible for regulating financial services and products. It was founded in 2011 and is based in Albany, New York. Headquarters Location 1 Commerce Plaza Albany, New York, 12210, United States (800) ...
The New York State Department of Financial Services (NYSDFS) is responsible for regulating all financial services and products in New York.
Businesses large and small must protect themselves from financial loss. An important part of such protection centers on insurance covering property loss exposures, which include the costs to repair or replace the property in the event of a covered loss. The property and casualty insurance business p...
The Department of Financial Services regulates many different types of institutions. Supervision by DFS may entail chartering, licensing, registration or filing requirements, examination, etc. The "Who We Supervise App" on the DFS Portal can help you find out whether a financial institution is licens...
The New York Department of Financial Services (DFS) issued guidance recently concerning cybersecurity risks associated with artificial intelligence (AI) and measures that covered entities (generally, banks, insurers and other classes of financial firms) may take to mitigate those risks. While the ...
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved compliance department Securities exchange staff who are charged with ensuring that activity on the exchange complies with the rules of the exchange and those of the SEC. ...
The New York State Department of Financial Services (NYDFS) recently published revised proposed amendments (the Revised Proposed Amendments) to the state’s cybersecurity regulation for the financial services industry (23 NYCRR Part 500). The Revised Proposed Amendments would significantly clarify and ...
The New York Department of Financial Services (DFS) has issued Insurance Circular Letter No. 5 (2021) (Circular Letter) relating to insurer diversity...
On October 16, 2024, the New York Department of Financial Services (DFS) released an important industry guidance letter aimed at addressing the novel, complex cybersecurity risks associated with artificial intelligence (AI).In ...
On September 14, the New York State Department of Financial Services (DFS) filed a federal court complaint seeking to enjoin further actions by the OCC to implement the Fintech Charter Decision and related actions, arguing that such acts are lawless, ill-conceived and destabilizing of ...