10/12/17 – New York Department of Financial Services (DFS) issued new proposed regulations which would require credit reporting agencies to register with DFS and comply with New York’s cybersecurity standard.
Category: Legislative Update
10/10/17 – The European Union and the United States have signed a Covered Agreement to open up access for insurance firms to each other’s markets and decrease collateral requirements for transatlantic reinsurers.
10/05/17 – The Consumer Financial Protection Bureau (CFPB) finalized a rule aimed at limiting recurring debt from payday lending by requiring lenders to determine upfront whether consumers can afford to repay their loans.
06/20/17 – The Consumer Financial Protection Bureau (CFPB) has announced that it is seeking public comment on proposed updates to its prepaid rule.
06/20/17 – On June 8th, the U.S. House of Representatives passed the Financial CHOICE Act (CHOICE Act), a Republican bill to reform the Dodd-Frank Act.