All NYDFS articles

  • Cyber locks
    Article

    NYDFS: Implementation deadline for cyber-security regulation approaching

    2019-02-07T12:30:00Z

    The final implementation period for the New York Department of Financial Services’ landmark cyber-security regulation ends March 1, meaning that DFS-regulated entities and licensed persons covered by the regulation must be in full compliance by that time.

  • /img/field/image/scbhome
    Blog post

    NYDFS fines Standard Chartered $40M for attempts to rig FX transactions

    2019-02-04T09:45:00Z

    The New York Department of Financial Services has fined Standard Chartered Bank $40 million for attempting to rig transactions in foreign exchange markets between 2007 and 2013.

  • Blog post

    NYDFS to get new leadership

    2019-01-07T11:15:00Z

    New York Governor Andrew Cuomo has announced the nomination of Linda Lacewell to be superintendent of the state’s Department of Financial Services. 

  • Blog post

    Mashreq responds to NYDFS consent order

    2018-10-18T10:00:00Z

    Mashreqbank has issued a statement in response to its consent order reached with the New York State Department of Financial Services on Oct 18 for violations of U.S. Bank Secrecy Act and Anti-Money Laundering laws in the New York branch’s U.S. dollar clearing operations.

  • Blog post

    N.Y. regulator fines NRA-branded insurance provider

    2018-05-07T10:15:00Z

    New York’s Department of Financial Services has announced that Lockton Affinity and its parent company will pay a $7 million fine for serving as the administrator of the National Rifle Association-branded “Carry Guard” insurance program.