10/1/14 N.Y. St. Reg. DFS-27-14-00010-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
Amendment of section 301.6 of Title 3 NYCRR.
Statutory authority:
Banking Law, art. II-AA
Subject:
Mandatory rule of ATM Safety Act compliance by banking institutions.
Purpose:
Changes reporting requirements in section 301.6 of the Superintendent’s Regulations to be consistent with changes in the ATM Safety Act (Article II-AA of the Banking Law) made by chapter 27 of the Laws of 2013. This proposal would implement the changed reporting requirements contemplated by the amended statute.
Text or summary was published
in the July 9, 2014 issue of the Register, I.D. No. DFS-27-14-00010-P.
Final rule as compared with last published rule:
No changes.
Text of rule and any required statements and analyses may be obtained from:
Christine M. Tomczak, Esq., New York State Department of Financial Services, One State Street, New York, NY 10004, (212) 709-1642, email:
christine.tomczak@DFS.ny.govInitial Review of Rule
As a rule that requires a RFA, RAFA or JIS, this rule will be initially reviewed in the calendar year 2017, which is no later than the 3rd year after the year in which this rule is being adopted.
Assessment of Public Comment
The agency received no public comment.
