Industry Guidance


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. 

Investigating Drug Price Spikes

Recent Orders, Legal Notices and Guidance

Bank Holidays

Debt Collection Rules

In 2014, DFS adopted 23 NYCRR 1, a regulation to reform debt collection practices by debt collectors, including third-party debt collectors and debt buyers. In order to assist debt collectors in complying with these rules, DFS provides some answers to frequently asked questions in our FAQs: The Regulation of debt collection by third-party debt collectors and debt buyers (23 NYCRR 1)

Lien Releases

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.