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Andrew M. Cuomo Governor Maria T. Full Superintendent BID QUESTIONS/INQUIRIES AND RESPONSES MEMORANDUM DATE: July 25, 2016, PLEASE ADDRESS INQUIRIES TO: Ron Wachenheim, Contract Management Specialist
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The Department of Financial Services is a government agency responsible for overseeing and regulating financial institutions and markets.
Financial institutions such as banks, insurance companies, and credit unions are required to file with the Department of Financial Services.
To fill out the Department of Financial Services, institutions must provide detailed financial information and reports as required by the regulatory agency.
The purpose of the Department of Financial Services is to ensure the stability and integrity of the financial system, protect consumers, and promote economic growth.
Financial institutions must report on various financial metrics such as assets, liabilities, capital adequacy, and compliance with regulations.
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