On January 17, 2024, the New York State Department of Financial Services (“NYSDFS”) released a proposed circular letter addressing the use of external consumer data and information sources (“ECDIS”) and artificial...more
1/26/2024
/ Artificial Intelligence ,
Comment Period ,
Consumer Information ,
Data Management ,
Discrimination ,
Disparate Impact ,
Fairness Standard ,
Information Governance ,
Information Management ,
Information Technology ,
Insurance Regulations ,
Machine Learning ,
NYDFS ,
Popular ,
Proposed Regulation ,
Regulatory Agenda ,
Risk Management ,
Underwriting
On December 21, 2023, the New York Department of Financial Services (“NYDFS”) finalized guidance on how the banks and mortgage institutions it regulates (“New York Institutions”) should manage climate-related financial and...more
1/4/2024
/ Climate Action Plan ,
Climate Change ,
Consumer Financial Products ,
Corporate Governance ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Financial Services Industry ,
Internal Controls ,
Mortgages ,
NYDFS ,
Risk Management