A new law in New York took effect on June 11, 2025, requiring banking organizations, licensed lenders, and mortgage bankers provide a disclosure pamphlet titled “What Mortgage Applicants Need to Know” (the “Pamphlet”)....more
In this article, the authors discuss a second amendment proposed by the New York State Department of Financial Services to its Cybersecurity Requirements for Financial Services Companies.
The New York State Department of...more
The New York Department of Financial Services (“NYDFS”) released its proposed second amendment to its Cybersecurity Requirements for Financial Services Companies (“Part 500”), which includes heightened cybersecurity...more