New York State Register

Subject: Permissible indices for variable rate loans. Purpose: To permit the use of CME SOFR as a replacement benchmark for LIBOR and to eliminate an obsolete index for savings and loan banks.

Subject: Cybersecurity Requirements for Financial Services Companies. Purpose: To ensure that DFS-regulated entities most effectively address new and evolving cybersecurity threats.

Subject: Original issuance of license or change of control of a licensee. Purpose: To eliminate existing language in the regulation that requires every licensed check cashing facility to have a minimum dimension.

Subject: Pharmacy Benefits Bureau, Pharmacy Benefit Manager Assess- ments, Filings and Other Requirements for Issuance et al. Purpose: To establish rules for PBMs regarding assessments, license requirements, reporting and record keeping, and to clarify definitions.

Subject: Excess Line Placements Governing Standards. Purpose: To conform to changes made by chapter 833 of the Laws of 2022 and chapter 93 of the Laws of 2023 and prior amendments.

Subject: Virtual Currency Licensee Assessments. Purpose: To set forth the basis for allocating costs and expenses attribut- able to virtual currency businesses for FSl assessments.

Subject: Registration of Pharmacy Benefit Managers. Purpose: To maintain status quo while the department promulgates per- manent regulations under Public Health Law section 280-a.

Subject: Permissible indices for variable rate loans. Purpose: To permit the use of CME Term SOFR as a replacement benchmark for LIBOR and to eliminate an obsolete index for savings and loans.

Subject: Indices which may be used for variable rate loans subject to the requirements of Parts 33, 80, 90, 91 and 97 of 3 NYCRR. Purpose: To permit the use of CME Term SOFR as a replacement benchmark for LIBOR and to eliminate an obsolete index.

Subject: Minimum Standards for Form, Content, and Sale of Health Insur- ance, Including Standards of Full and Fair Disclosure. Purpose: To require immediate coverage, without cost-sharing, for COVID-19 immunizations and the administration thereof.

Subject: Minimum Standards for Form, Content, and Sale of Health Insur- ance, Including Standards of Full and Fair Disclosure. Purpose: To waive cost-sharing for in-network visits and laboratory tests necessary to diagnose the novel coronavirus (COVID-19).

Subject: Principle-Based Reserving. Purpose: To adopt the 2022 Valuation Manual and amend the scope of section 103.4 to include certain group term life insurance.

Subject: Original issuance of license or change of control of a licensee. Purpose: To eliminate existing language in the regulation that requires every licensed check cashing location to have a minimum dimension.

Subject: Charges for Professional Health Services. Purpose: To establish schedules of maximum permissible charges for professional health services payable as no-fault insurance benefits.

Subject: General Duties, Accountability, and Transparency Provisions for Pharmacy Benefit Managers; Electronic Filings. Purpose: To define and clarify the provisions of PHL 280-a(2) and to require electronic filings for PBMs.

Subject: Consolidated rulemaking regarding peer-to-peer car sharing. Purpose: To ensure consumers have appropriate insurance protection when using or operating a vehicle through a car sharing program.

Subject: Compliance With Community Reinvestment Act Requirements. Purpose: To provide new rules concerning data collection on extension of credit to women-owned and minority-owned businesses.

Subject: Disclosure requirements for certain providers of commercial financing transactions. Purpose: To provide disclosure rules for small business financings.

Subject: Fees (the maximum fee that may be charged by licensed check cashers for cashing checks for retail consumers). Purpose: To change the annual adjustment of maximum fees and create lower limits for government benefit checks.

Subject: Virtual Currency Licensee Assessments. Purpose: To set forth the basis for allocating costs and expenses attribut- able to virtual currency businesses for FSL assessments.

Subject: Registration of Pharmacy Benefit Managers. Purpose: To maintain status quo while the Department promulgates per- manent regulations under Public Health Law section 280-a.

Subject: Indices which may be used for variable rate loans subject to the requirements of Parts 33, 80, 90, 91 and 97 of Title 3 NYCRR. Purpose: To permit the use of Secured Overnight Financing Rate as a replacement benchmark for London Inter-Bank Offered Rate.