Cybersecurity Filings
All entities and persons regulated or licensed by the New York State Department of Financial Services are required to file various cybersecurity notices to the Superintendent.
- Visit the Cybersecurity Resource Center
Transaction Monitoring Certification (504)
Regulated institutions must maintain programs to monitor and filter transactions for potential Bank Secrecy Act (BSA) and anti-money laundering (AML) violations, prevent transactions with sanctioned entities, and certify compliance with the regulation annually to DFS. Regulated institutions must submit the required certification covering the prior calendar year by April 15 of each year via the DFS Portal.
- Learn more about Transaction Monitoring
Assessments and Operating Expenses
In accordance with Section 206 of the New York State Financial Services Law, entities regulated under the Banking and Insurance Laws are assessed by the superintendent for the operating expenses of the department. These operating expenses include regulation and supervision (including examination) of regulated entities. Section 206 was amended in 2022 to include entities that engage in “virtual currency business activity." Under Insurance Law § 2914 pharmacy benefit managers (PBM) licensed by the Department and are also assessed for the operating expenses of the Department.
Service of Legal Process
Process, in the context of service upon the Superintendent, consists of the papers used to commence a lawsuit (e.g., a summons, notice of petition, order to show cause) pursuant to which a party receives formal notice to appear or respond in court. Process does NOT include subpoenas, motions, or any other pleadings in a pending lawsuit that are not described herein.
- Learn more about Service of Process Pursuant to Banking and Insurance Law.
Fingerprinting Procedures
DFS uses IdentoGO for live scan fingerprinting services. If DFS does not receive an application within 10 days of the receipt of fingerprints, those scans or cards may be discarded.
Orders, Legal Notices and Guidance of Note
- Electronic Signatures, Transactions, and Filings with DFS
- Dollar Amount Exempt from Enforcement & Satisfaction of Judgments
Bank Holiday Schedules
- 2025 Banking Schedule
- 2024 Bank Holiday Schedule
- Authority for Banks to Close Absent Governor's Declaration of Bank Holiday
Lien Releases on Motor Vehicles
The Department urges motor vehicle finance companies in New York to cooperate in complying with the New York Vehicle and Traffic Law by mailing or delivering a lien release immediately upon satisfaction of the lien on a motor vehicle. To avoid being subject to action by the Department, all regulated financial institutions financing motor vehicle sales shall release liens and deliver the lien release to the owner no later than three business days after clearance of payment.
Consumers and lien holders looking for information on vehicle lien releases should visit our Obtaining a Lien Release on a Vehicle page.