New York Department of Financial Services

NY Regulator Seeks Banks’ Libor Transition Plans
Risk & Compliance

NY Regulator Seeks Banks’ Libor Transition Plans

Inadequate preparation for the transition "could have an adverse impact on the safety and soundness of regulated institutions."
By Matthew Heller | January 6, 2020
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N.Y. Regulator Sues U.S. Over Fintech ‘Folly’
Risk & Compliance

N.Y. Regulator Sues U.S. Over Fintech ‘Folly’

The Department of Financial Services is challenging the Trump administration's move to allow fintech firms to apply for national bank charters.
By Matthew Heller | September 17, 2018
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Deutsche Bank Fined Over Laundering Controls
Risk & Compliance

Deutsche Bank Fined Over Laundering Controls

A New York State regulator says the bank's deficient controls facilitated $10 billion in sham trades involving Russian investors.
By Matthew Heller | January 31, 2017
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N.Y., Banks Reach Deal Over New IM Service
Technology

N.Y., Banks Reach Deal Over New IM Service

The agreement is designed to ease regulators' concerns over the Symphony service's retention of records.
By Matthew Heller | September 14, 2015
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Deutsche Bank to Pay $2.5B in LIBOR-Rigging Case
Regulation

Deutsche Bank to Pay $2.5B in LIBOR-Rigging Case

The settlement is the largest among the five banks that have admitted LIBOR-rate misconduct.
By Matthew Heller | April 23, 2015
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Empire State Tackles Bitcoin Head-On with Proposed Rules
Risk & Compliance

Empire State Tackles Bitcoin Head-On with Proposed Rules

After a year-long review, New York proposes regulations for virtual-currency firms.
By Iris Dorbian | July 18, 2014
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