On March 14, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Geographic Targeting Order (GTO) in the Federal Register that will impose new obligations on many money services...more
3/20/2025
/ Anti-Money Laundering ,
Compliance ,
Federal Register ,
Financial Services Industry ,
FinCEN ,
Geographic Targeting Order ,
Money Services Business ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management ,
Suspicious Activity Reports (SARs)
Fintechs and other nonbanks will be required to provide consumer-style disclosures when offering to extend small business financing in New York.
In late December 2020, New York Governor Andrew Cuomo signed into law...more
On July 23, 2019, the New York Department of Financial Services announced creation of a Research and Innovation Division to keep pace with FinTech advances.
NYDFS Research and Innovation Division created to keep pace with...more
8/5/2019
/ Administrative Agencies ,
Banking Sector ,
BitLicense ,
Consumer Watchdog ,
Cybersecurity ,
Financial Services Industry ,
FinTech ,
NYDFS ,
Popular ,
Regulatory Agencies ,
Virtual Currency
The 2018 Midterm Election played out as most poll forecasters speculated. Although several races have yet to be decided, Republicans have retained control of the Senate, but lost at least 29 seats, allowing the Democrats to...more
11/8/2018
/ Corporate Counsel ,
Critical Infrastructure Sectors ,
Cross-Border ,
Cybersecurity ,
Department of Homeland Security (DHS) ,
Department of Transportation (DOT) ,
Deregulation ,
Energy Sector ,
Environmental Policies ,
Financial Services Industry ,
Food and Drug Administration (FDA) ,
Healthcare ,
Legislative Agendas ,
Popular ,
State and Local Government ,
Tax Reform ,
Trade Relations ,
Trump Administration