NY Issues Industry Letter on Fair Lending Laws

The New York State Department of Financial Services (NYDFS) issued an industry letter on April 22, 2026, reminding its regulated entities that it enforces New York’s fair lending laws, which include disparate impact as an unlawful discriminatory practice, and reminding its regulated entities to comply with all applicable New York laws, including those on fair lending.  

Regulated entities, here, are those entities regulated by NYDFS under the New York Banking Law.  The industry letter states that it does not impose any new requirements on NYDFS’ regulated entities.