A state auditor whose job was, in part, to uncover financial fraud is now accused of committing financial fraud himself.

The New York State Department of Financial Services (NYDFS) has released its proposed second amendment to its Cybersecurity Requirements for Financial Services Companies (Part 500), which includes ...

The New York State Department of Financial Services (NYDFS) has published proposed amendments to its Cybersecurity Requirements for Financial Services Companies (amendments). [1] The amendments to ...

Diana M. Eng and Susan Kuruvilla of Blank Rome LLP discuss Guidance issued by the New York State Department of Financial Services for entities, including financial services companies, regarding ...

The New York fiscal chief says the Department of Financial Services let some things fall through the cracks as a crypto watchdog.

On November 28, 2023, the New York Department of Financial Services (“NYDFS”) announced that First American Title Insurance Company (“First American”), the second-largest title insurance ...

Two New York lawmakers have asked the state Department of Financial Services to ...

Key Points The New York Department of Financial Services has recently made a second revision to its Part 500 compliance rules for financial services companies.

The NY Department of Financial Services published a consent decree last week where a crypto company was fined $1.2 million for not conducting proper information security risk assessments and using ...

Following this spring's banking crisis, NYS top financial regulator, Superintendent Adrienne Harris, discusses the takeover of Signature Bank, and the lessons learned on the resiliency of America's ...

While government agencies are often criticized for their actions, it is both refreshing and essential to commend the New York State Department of Financial Services (DFS) for its recent decision ...

The New York State Department of Financial Services has brought on Kenneth Coghill, who joins the recently hired John Melican to lead its virtual currency unit.