Earlier this year, the American Financial Services Association and other trades requested that the Federal Trade Commission (FTC) extend [7/1/22 Letter & 10/19/22 Letter] the deadline for compliance with its data security safeguards proposal for financial institutions, a request endorsed by the Small Business Administration’s Office of Advocacy other trade groups, and a bipartisan group of Members of Congress led by Rep. Chrissy Houlahan (D-PA). AFSA appreciates the unanimous FTC decision announced today to extend the compliance deadline for six months, allowing financial services companies to better prepare for the Safeguards rules.
“AFSA member companies provide crucial services in our economy,” said AFSA SVP Celia Winslow. “Extending the implementation date of the rule means that companies will be able to make appropriate enhancements to systems and staffing, ultimately benefiting consumers.”
Earlier this year, the American Financial Services Association and other trades requested that the Federal Trade Commission (FTC) extend [7/1/22 Letter & 10/19/22 Letter] the deadline for compliance with its data security safeguards… Read the rest
Today, the American Financial Services Association joined other associations (The American Bankers Association, ACA International, Credit Union National Association, Mortgage Bankers Association, National Association of Federally
…
Read the rest
Today, AFSA and the Consumer Credit Industry Association (CCIA) joined together in an amicus brief emphasizing the importance of federalism and the separation of powers enshrined in the U.S. Constitution.
The case, Commonwealth of Pennsylvania,… Read the rest
The New York Department of Financial Services released new proposed language for their cybersecurity rules and will be taking comments until January 9, 2023.
The proposed rules create new cybersecurity guidelines based on company size,… Read the rest
Join us on November 17th at 2:00 p.m. for Disrupting The Status Quo: Learn How AI and Machine Learning are Creating Unprecedented Efficiencies in Auto Finance, presented by Wolters Kluwer.
One of the biggest challenges holding back end-to-end… Read the rest
AFSA’s Industry Expertise allows Business Partners to provide thought leadership and best practices information directly with AFSA member companies. For more information about taking part, contact Dan Bucherer.
By Allied Solutions
…
Read the rest
This week, AFSA’s State Government Affairs team sent a letter to the New York Department of Financial Services (DFS) regarding DFS’ proposed rules on commercial financing. Published on September 14, the proposed rule would clarify disclosure… Read the rest
The State AG Report, managed by AFSA Business Partner Cozen O’Connor, will host a live election tracker for all state attorney general (AG) elections. The page will be a one-stop shop for AFSA members to view live results of the upcoming state… Read the rest
The featured Business Partner for November is NETSOL. Learn more at https://www.netsoltech.com
With over forty years of experience in providing state-of-the-art solutions, cost-effective capabilities and consulting services to the… Read the rest
AFSA’s State Government Affairs Team recently published its monthly White Paper. This month’s white paper discusses recent developments around gubernatorial emergency powers. Each state allows its governor to declare a state of emergency… Read the rest
Warning: Undefined variable $blog_query in /nas/content/live/afsastaging/wp-content/themes/afsa_new/index.php on line 82
Warning: Attempt to read property "max_num_pages" on null in /nas/content/live/afsastaging/wp-content/themes/afsa_new/index.php on line 82
Warning: Undefined variable $wp_query in /nas/content/live/afsastaging/wp-content/themes/afsa_new/index.php on line 30
Warning: Attempt to read property "max_num_pages" on null in /nas/content/live/afsastaging/wp-content/themes/afsa_new/index.php on line 30
