In a recent letter to the 18 members of the Financial and Banking Information Infrastructure Committee (FBIIC), Acting Superintendent of the New York Department of Financial Services (NYDFS) Anthony Albanese requested collaboration and regulatory convergence among the members on cybersecurity standards for financial institutions.
Anthony Albanese, the Acting Superintendent of the New York State Department of Financial Services (NYDFS), recently announced his resignation after slightly more than four months in the position.
On October 15, 2015, the Consumer Financial Protection Bureau (CFPB) released the anticipated final rule amending Regulation C , 12 C.F.R.
The long-awaited and somewhat delayed TILA-RESPA Integrated Disclosure Rule took effect on October 3. The new rule requires mortgage lenders to use a new, integrated disclosure form and comply with new rules regarding disclosures and timing of the same.
The Board of Governors of the Federal Reserve System and the other federal agencies tasked with implementing the Volcker Rule recently released two additional frequently asked questions (FAQs).
The Office of the Comptroller of the Currency’s (OCC’s) Committee on Bank Supervision has released its Fiscal Year 2016 priorities.