As a part of Law360’s quarterly “Banking Brief” series, senior counsel Brian Montgomery and law clerk Nathan Lewko co-authored an article recapping the most notable legislative and regulatory developments in New York’s financial services sector for Q1.

In the article, Montgomery and Lewko cover the New York Department of Financial Services’ recent novel guidance directing banks to continuously monitor the character and fitness of key personnel, NY Governor Kathy Hochul’s proposed ‘buy now, pay later’ regulation legislation, the attempted expansion of the scope of NY’s usury laws and more.

Click here to read the full article.