Tagged With "NYDFS"
Topic
Bumped Lease Rates to End in New York
I was alerted to the article from a friend. The commercial financial disclosure will end the practice of bumped lease rates for many of our leasing companies that are owned by banks. NYDFS Issues Pre-Proposed Rules to Implement New Commercial Financing Disclosure Law By Daniel Pearson , Jeffrey P. Taft , Francis L. Doorley & Krista Cooley on September 27, 2021 Posted in ABS , Regulatory The New York Department of Financial Services (NYDFS) has issued “pre-proposed” rules under New York’s...