News & Analysis as of

Covered Entities NYDFS Certification Requirements

BakerHostetler

Are You Ready for It? NYDFS Annual Cybersecurity Certification Deadline April 15

BakerHostetler on

The New York State Department of Financial Services (NYDFS) amended its cybersecurity regulation, 23 NYCRR 500 (or Part 500), effective Nov. 1, 2023, which we wrote about here. Covered entities must still certify compliance...more

Foley & Lardner LLP

So You Comply with New York Reg. 500: Now What?

Foley & Lardner LLP on

In March of 2017, the New York Department of Financial Services (DFS) implemented 23 NYCRR §500 (NY Reg. 500). In doing so, it became the first state regulatory authority to impose regulations that address cybersecurity...more

Akin Gump Strauss Hauer & Feld LLP

NYDFS: A Lawyer’s Responsibility

New York Financial Regulator to Enforce First-of-Its-Kind Cybersecurity Regulations in Coming Weeks - On December 28, 2016, the New York Department of Financial Services (NYDFS) issued revised cybersecurity regulations...more

The Volkov Law Group

New York Department of Financial Services Issues New AML and Sanctions Regulations

The Volkov Law Group on

The New York DFS finalized its new AML and Sanctions screening regulations. Interestingly, the NYDFS backed off its original proposal to require a Chief Compliance Officer to certify to a compliance “finding” that the...more

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