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American Financial Services Association

NYC AI Statement

NYC AI Statement

AFSA’s State Government Affairs team has closely monitored the New York City Department of Consumer and Worker Protection (DCWP) since the agency began pursuing an ambitious expansion of the city’s debt collection rules. Under the Mamdani administration, DCWP has intensified its consumer-protection efforts.

On October 1, DCWP and the NYC Commission on Human Rights issued an Enforcement Policy Statement advising the public and companies that use AI that existing laws continue to protect consumers and that using AI does not shield an entity from liability.

October 15th, 2026

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