Kategorien
pay day loans near me

A Fintech Fox about Regulatory Henhouse

A Fintech Fox about Regulatory Henhouse

Below an earlier superintendent, DFS endangered so you’re able to revoke Standard Chartered’s New york financial license once a federal study exposed money laundering.

Among recently strung Nyc Gov. Kathy Hochul’s basic trick ing Adrienne Harris due to the fact head out-of the latest state’s Company of Financial Services (DFS), that’s responsible for regulating the activities out of almost 1,800 insurers that have collective assets away from $5.5 trillion and most step 1,400 financial and you will financial institutions that have assets more $dos.nine trillion.