Get your toughest Quality and Compliance problems solved by world renowned experts. Ask a question and get multiple answers from multiple experts and users and choose which one best solves your particular problem. Answer to questions posted by other users and earn points allocated.
The ComplianceOnline Answers
Email Address:

Does NY DFS Part 504 ruling apply to insurance companies that offer covered products? Question Id:6522
Amy nguyen
12-12-2017 10:12AM
User Id: 180197
With Reference to Webinar - Preparing for a BSA/OFAC Regulatory Examination (ID - 703554)
Chethan - You stated that for insurers doing business in New York, the NY DFS requires annual certification of the cybersecurity program, beginning February 2018. Are you referring to the Part 504 ruling? If yes, my research indicates that Part 504 ruling is applicable for banking institutions chartered under the NY Banking law such as check cashiers or money transmitters. Can you confirm if it applies to
Points for this question:20

  Upcoming Trainings  
Red Flags of Money Laundering
Instructor : William Schlameuss
Live Tuesday, October 16, 2018
11:00 AM PDT | 02:00 PM EDT

Accounts Payable Fraud - Detecting and Preventing AP Fraud
Instructor : Peter Goldmann
Live Wednesday, October 17, 2018
11:00 AM PDT | 02:00 PM EDT

Payment System Policy: FFIEC, Risk Management and Fraud Control
Instructor : Ray Graber
Live Thursday, October 18, 2018
11:00 AM PDT | 02:00 PM EDT

Best Sellers
Bankruptcy Law Update
Instructor : Mike Morley
OnDemand Access Anytime