March 31, 2023

To: Banking Organizations and Non-Bank Regulated Entities

SUBJECT: Extension of the Public Comment Period Relating to Request for Public Comments Regarding the Presumption of Control of a New York-Chartered or Licensed Depository or Non-Depository Institution

On December 20, 2022, the New York State Department of Financial Services (Department) issued a “Request for Public Comments Regarding the Presumption of Control of a New York-Chartered or Licensed Depository or Non-Depository Institution.”  The Department is extending the deadline for submission of comments from March 31, 2023, to no later than 11:59 p.m. Eastern Time on April 14, 2023.

Responses should be submitted by April 14, 2023, to [email protected]. Please use “Request for Public Comments Regarding the Presumption of Control of a New York-Chartered or Licensed Depository or Non-Depository Institution” in the subject line.

If you have any questions about the above, please contact [email protected].