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NY Banking Brief: All The Notable Compliance Updates In Q3

The third quarter of 2023 was not short on regulatory developments in banking and payments in New York. 

With the New York Senate and Assembly both out of the session, the New York State Department of Financial Services, or DFS, took center stage and made some significant regulatory moves as part of its continuing mission to be a leading regulator of banks and payment companies, as well as cryptocurrency.

In this Law360 article authored by Loeb & Loeb senior counsel Melissa Hall, she analyzes three of the most notable regulatory developments—commercial lending disclosures, cybersecurity regulation, and updates to virtual currency listings—from the third quarter of this year.

To read the full article, please visit Law360’s website.