NYDFS names Lawsky’s temporary replacement

Anthony Albanese, the Acting Superintendent of the New York State Department of Financial Services (NYDFS), recently announced his resignation after slightly more than four months in the position. Albanese was appointed as Acting Superintendent in June after Superintendent Benjamin Lawsky’s.

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The Department of Financial Services supervises many different types of institutions. Supervision by DFS may entail chartering, licensing, registration requirements, examination, and more.

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7 posts published by justiceleague00 on June 13, 2015.. NYDFS names NY regulator Lawsky’s temporary replacement. Posted on June 13, 2015. will take over as the Acting Superintendent while the Governor’s office conducts a search for a permanent replacement.

NYDFS Names Lawsky’s Chief of Staff Albanese as Acting Superintendent June 16, 2015 by Insurance Journal Outgoing New York Superintendent of Financial Services Benjamin Lawsky said in a memo to his staff last Friday that his chief of staff, Anthony Albanese, will serve as acting superintendent while the Governor’s office conducts a search for a permanent replacement.

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Introduction. The New York Department of Financial Services ("NYDFS") recently promulgated a highly-anticipated regulation, to become effective January 1, 2017, imposing new anti-money laundering, anti-terrorism, and economic and trade sanctions requirements on financial institutions regulated by the NYDFS (the "Final Rule").

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NYDFS Part 500 applies to all "covered entities," which includes all banking organizations, insurance companies, money services businesses and other firms operating in New York under the authorization of the Banking Law, the Insurance Law, and the financial services law.

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Anthony Albanese, who has worked with Lawsky at the agency since it was created in 2011, will serve as the acting superintendent while New York Governor Andrew Cuomo continues his search for a.