NY A01476

Amends Section 371 of the New York Banking Law to authorize the superintendent of banks to require licensed cashers of checks to file suspicious activity reports.

Adds suspicious activity reporting requirements to the superintendent's existing authority to establish rules, regulations, rulings, demands, and findings for the proper conduct of check-cashing businesses.

Updates gender-neutral language in the statute by replacing "he" with "or she" when referring to the superintendent.

Takes effect immediately upon enactment.