Adam J. Barazani
Schulte Roth & Zabel LLP
Articles
NYDFS Releases Guidance for BitLicensees and Limited Purpose Trust Companies on Asset Custody in the Wake of Cryptocurrency Insolvencies
USA - January 31 2023 On Jan. 23, 2023, the New York State Department of Financial Services (“NYDFS”) issued guidance to entities licensed under 23 NYCRR Part 200…
Kara A. Kuchar, Noah N. Gillespie, Melissa G.R. Goldstein, Hadas A. Jacobi, Donald J. Mosher, Rebecca A. Raskind, Jessica Romano, Betty Santangelo, Jessica Sklute, Jesse Weissman
NYDFS Announces $100 Million Settlement with Coinbase for Anti-Money Laundering Compliance Deficiencies
USA - January 23 2023 The New York Department of Financial Services (“NYDFS”) announced on January 4 that it had reached a $100 million settlement with Coinbase, Inc…
Kara A. Kuchar, Noah N. Gillespie, Melissa G.R. Goldstein, Hadas A. Jacobi, Donald J. Mosher, Rebecca A. Raskind, Jessica Romano, Betty Santangelo, Jessica Sklute, Jesse Weissman
Substantial Penalty Against Major Bank Highlights Aggressive CFPB Enforcement
USA - December 21 2022 The Consumer Financial Protection Bureau (“Bureau”) reached a consensual resolution with Wells Fargo, N.A. (the “Bank”), which calls for restitution…
Kara A. Kuchar, Noah N. Gillespie, Melissa G.R. Goldstein, Hadas A. Jacobi, Douglas I. Koff, Donald J. Mosher, Rebecca A. Raskind, Jessica Romano, Jessica Sklute, Jesse Weissman
CFPB Proposes Rule to Establish Public Registry of Nonbanks with Consumer Financial Law Enforcement Orders
USA - December 19 2022 On Dec. 12, 2022, the Consumer Financial Protection Bureau (“Bureau”) issued a proposed rule (“Proposed Rule”) which would require nonbank covered…
Kara A. Kuchar, Noah N. Gillespie, Melissa G.R. Goldstein, Hadas A. Jacobi, Donald J. Mosher, Rebecca A. Raskind, Jessica Romano, Jessica Sklute, Jesse Weissman
NYDFS Continues Effort to Amend Cybersecurity Regulation (“Part 500”) and Publishes Revised Proposed Amendments
USA - November 23 2022 On Nov. 9, 2022, the New York Department of Financial Services (“NYDFS”) published a proposed amendment (“Proposed Amendment”)[1] to its 2017…
Kara A. Kuchar, Noah N. Gillespie, Melissa G.R. Goldstein, Hadas A. Jacobi, Alexander M. Kim, Donald J. Mosher, Rebecca A. Raskind, Jessica Romano, Jessica Sklute, Jesse Weissman
