Premier Banking Law News and Insights

New York Commercial Financing Disclosure Requirements

Published: Mar 03, 2023
|
Providers of commercial financing that are subject to the New York State Commercial Finance Disclosure Law (CFDL) must provide disclosures to potential recipients of commercial financing at the time a specific offer of financing is extended to a recipient, pursuant to new regulations adopted by the New York Department of Financial Services (DFS). The...

Read More

What Major Financial Institutions Expect For 2023

Published: Feb 28, 2023
|
lobal Outlook A new regime of sustained inflation and transition to sustainability. The global economy is entering a new regime. As summed up by Blackrock, three long-term variables are playing out: aging populations, geopolitical fragmentation, and the transition to a lower-carbon world. 2023 could be the pivotal year ushering in...

Read More

U.S. Department Of The Treasury Confronts The Risks To The Financial Sector Associated With Cloud Computing

Published: Feb 27, 2023
|
On February 8, 2023, the U.S. Department of the Treasury released a report citing its "findings on the current state of cloud adoption in the sector, including potential benefits and challenges associated with increased adoption." Treasury acknowledged that cloud adoption is an "important component" of a financial institution's overall technology and business...

Read More
Go to Top