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New York State Department of Financial Services · NY

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

March 31, 2023

Summary

The New York State Department of Financial Services has extended the deadline for public comments regarding the presumption of control for regulated depository and non-depository institutions. Interested parties must now submit their responses to the Department by 11:59 p.m. ET on April 14, 2023.

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].

Source: https://www.dfs.ny.gov/industry_guidance/industry_letters/il20230331_ext_public_comment_period

Common questions

What does "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" cover?
The New York State Department of Financial Services has extended the deadline for public comments regarding the presumption of control for regulated…
Which agency issued this update?
This update was issued by New York State Department of Financial Services.
When was it published?
It was published on March 31, 2023.

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