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. In July 2022, NYDFS issued a draft version of the changes, but the current amendment has significant changes. Most of the proposed changes will take effect 180 days
GT Shareholder Timothy A. Butler will deliver a “Regulatory Roundup” during a meeting for industry members at the Money Transmitter Regulators Association (MTRA) 2022 Annual Conference in Fort Worth, Texas. The presentation, beginning Sept. 20 at 1:15 p.m., will address how money services businesses (MSBs) can comply with the ever-changing set of data privacy…
On Aug. 11, 2022, the U.S. Consumer Financial Protection Bureau issued guidance indicating that financial institutions and service providers that fail to adopt sufficient data security measures to protect consumer financial data may violate the Consumer Financial Protection Act provision prohibiting unfair acts and practices.
Join us as we discuss significant financial services cases and trends from 2021 and risks and issues for companies to watch for in 2022, including movements in mass arbitrations and class actions. We will also share thoughts on how to narrow or eliminate these risks going forward.
Wednesday, Feb. 2, 2022
12-1 p.m. EST