Menu Close

Who is the New York State Superintendent of Financial Services?

Who is the New York State Superintendent of Financial Services?

Adrienne Harris
Current officeholder. The current New York Superintendent of Financial Services is Adrienne Harris (nonpartisan).

What does the Nydfs do?

The New York State Department of Financial Services (DFS or NYSDFS) is the department of the New York state government responsible for regulating financial services and products, including those subject to the New York insurance, banking and financial services laws.

How do I file a complaint against a bank in New York?

Call (800) 342-3736 for free help in your language. If you need a document translated into your language, send an email to [email protected].

How hard is it to get a BitLicense?

“They are difficult and expensive to obtain and require a tremendous outlay of capital, which is a ridiculous burden on startups,” Yoon added. The BitLicense currently requires a $5,000 application fees, with additional capital requirements.

Who is Sanjay Malhotra?

The Centre government has nominated Sanjay Malhotra, Secretary, Department of Financial Services (DFS), Ministry of Finance, as a Director on the Central Board of Reserve Bank of India (RBI).

What is NY cyber security?

The NYDFS Cybersecurity Regulation requires New York insurance companies, banks, and other regulated financial services institutions—including agencies and branches of non-US banks licensed in the state of New York—to assess their cybersecurity risk profile.

Who can I complain to about banks?

complete an online complaints form. download a printable form (PDF) or send a letter to us at: Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN. email us at [email protected]. call the Complaints Helpline on 020 7066 9870.

What are the 14 divisions of the division of Financial Services?

The Chief Financial Officer is the statutory head of the Department of Financial Services, which includes the following divisions and offices: Accounting and Auditing; Consumer Services; Funeral, Cemetery, and Consumer Services; Insurance Agent and Agency Services; Investigative and Forensic Services; Public Assistance …

Who is the head of the New York State Department of Finance?

Adrienne A. Harris was nominated to lead the New York State Department of Financial Services (DFS) by Governor Kathy Hochul in August, 2021 and confirmed by the New York State Senate on January 25, 2022.

What does the superintendent of the Department of financial services do?

The superintendent oversees the Department of Financial Services, which was created in 2011 by consolidating the Banking and Insurance departments.

Is New York’s DFS leading the way in virtual currency innovation?

“DFS is committed to encouraging innovation while providing regulatory oversight to keep New Yorkers and the rapidly evolving financial services market safe and sound,” said Superintendent Lacewell. “These approvals reflect DFS’ leadership in the virtual currency arena and our priority to protect consumers in every decision we make.”

What types of institutions does the Department of financial services supervise?

The Department of Financial Services supervises many different types of institutions. Supervision by DFS may entail chartering, licensing, registration requirements, examination, and more.