10 USC 987

NYHigh Complexity

MLA Compliance Execution in New York

Military Lending Act

Execute MLA compliance with workflows for covered borrower identification, MAPR calculations, and required disclosures. Navigate New York's specific regulatory requirements with automated workflows and evidence capture.

More for New York

New York Regulatory Environment

Financial institutions executing MLA Compliance Execution in New York navigate specific state requirements:

NYDFS oversight and examination
Cybersecurity regulation (23 NYCRR 500)
BitLicense for crypto
Active enforcement
Industry-leading standards

Key Requirements in NY

1
Covered borrower status verification
2
Military Annual Percentage Rate (MAPR) limit
3
Required oral and written disclosures
4
Prohibited loan terms
5
Arbitration limitations
6
Record retention

The Execution Challenge in New York

MLA Compliance Execution compliance in New York requires navigating both federal requirements and NY-specific regulations. Most institutions struggle with tracking state-specific obligations, maintaining evidence for multiple regulators, and preparing for both state and federal examinations. The complexity of high-complexity environments like NY makes systematic execution essential.

The Canarie Execution Layer for NY

Canarie transforms MLA Compliance Execution compliance in New York from periodic scrambles into continuous execution. Both federal and NY-specific controls are scheduled, evidence is captured automatically, and proof of compliance is always ready for any examiner.

State-Aware Workflows

Recurring MLA Compliance Execution tasks are scheduled based on both federal and NY requirements.

Dual-Purpose Evidence

Evidence is captured once but organized for both state and federal examiner expectations.

Complete Audit Trails

Immutable records show who did what, when, satisfying both NY and federal requirements.

Always Exam-Ready

Export organized evidence packages for NY state examiners or federal regulators.

Non-Compliance Risks

Loan voidability
Civil money penalties
DOD enforcement
Prudential regulator action

Frequently Asked Questions

Automate Your MLA Compliance Execution in New York

See how NY institutions execute compliance with confidence.