Rediff Money

UFBU Rejects PLI Payment Formula for Bank Officers

UFBU opposes DFS directive on Performance Linked Incentive (PLI) payments to Scale IV+ bank officers. Demands resolution via ...
JD Supra

New York Cybersecurity Regulation Requires Submission of Compliance Certification or Acknowledgement of Noncompliance Next Week

On April 3, 2025, the New York State Department of Financial Services (“DFS”) issued reminders about upcoming implementation and reporting deadlines related to its cybersecurity regulations. Upcoming ...
Asianet Newsable on MSN

UFBU slams DFS directive on new PLI scheme amid conciliation talks

UFBU opposes a new DFS directive on PLI for senior bank officers, calling it 'premature' and 'inappropriate'. It says the ...
JD Supra

NY Department of Financial Services Issues AI Cybersecurity Guidance

The New York Department of Financial Services (DFS) has issued guidance, in the form of an industry letter, on addressing cybersecurity risks arising from artificial intelligence (AI) under its ...