New York

The 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected Parties

By Barbara A. Jones, Benjamin M. Saul, Marina Olman-Pal, Hilary R. Sledge-Sarnor, Claudio J. Arruda & Tarrian L. Ellis on March 16, 2023

Posted in banking, Banking Regulators, Bankruptcy, Banks, California, Client Alert, Compliance, Consumer Lending, FDIC, Featured, Federal Reserve System, GT Alert, New York, Real Estate, Risk Management, State and Local

On March 10, 2023, the California Department of Financial Protection and Innovation closed Silicon Valley Bank, Santa Clara, California (SVB) and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver…

NYDFS Proposes Significant Changes to Its Cybersecurity Regulation

By Timothy A. Butler, Matthew White, Michael A. Berlin & Tessa Cierny on January 6, 2023

Posted in banking, Banks, Compliance, Consumer Financial Services, Cybersecurity, Featured, Fintech, New York, Regulatory, Regulatory Compliance, Risk, State and Local

On Nov. 9, 2022, the New York Department of Financial Services (NYDFS) issued a proposed second amendment to its 2017 cybersecurity regulation for financial service companies.[1] In July 2022…

menu

Financial Services Observer

New York

The 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected Parties

NYDFS Proposes Significant Changes to Its Cybersecurity Regulation

About Greenberg Traurig