New York City's Department of Consumer and Worker Protection amended debt-collection regulations, the SHIELD Rule, take effect September 1, 2026. They impose verification requirements, communication limits, medical-debt restrictions and recordkeeping obligations, and reach original creditors once they begin collection activity.
Why this matters for founders
Fintech, lending or any business collecting consumer debt from NYC residents should audit collection scripts, disclosures, vendor practices and recordkeeping now to comply.
Related updates
More that helps you.
AML/CTF 'Tranche 2' laws now cover lawyers, accountants, real estate; enrol by 29 Jul 2026
From 1 July 2026 Australia's expanded Anti-Money Laundering and Counter-Terrorism Financing regime captures ~100,000 previously-unregulated businesses, including lawyers, accountan…
Brazil requires national NFS-e emitter for Simples Nacional firms from Sept 1, 2026
Under CGSN Resolution No. 189/2026 (published in the Official Gazette on April 28, 2026), all microenterprises and small businesses in Simples Nacional must issue their service inv…
CFPB's revised small-business lending data (1071) rule takes effect June 30, 2026
The CFPB's revised Section 1071 rule became effective June 30, 2026, with a compliance date of January 1, 2028. It raises the covered-lender origination threshold from 100 to 1,000…
RBI names Unified Fintech Forum as India's 2nd fintech self-regulator
On 10 September 2026 the Reserve Bank of India recognised the Unified Fintech Forum (UFF), formerly the Digital Lenders Association of India, as the second self-regulatory organisa…
Get briefs like this tuned to you.
In the app, Founder Briefs are personalized to your country, industry and stage, and you can save the ones that matter.
See plans →
Keep exploring
Related across the site
ToolDocuSignDocuSign lets you send documents for legally binding electronic signature and track their status. It handles contracts, NDAs, offer letters, and other agreements with an audit trail.ToolLegalZoomLegalZoom helps you form an LLC or corporation and access legal documents, registered agent service, and attorney consultations. It walks non-lawyers through business formation filings.ChecklistFind a small business lawyer you trustFigure out what legal help you actually need, vet and hire the right small business lawyer, and control costs with clear scope and smart preparation.ChecklistHire your first employee the legal wayEverything a first-time employer needs, in order: classification, registration, workers' comp, payroll, and a first week that sets your new hire up to succeed.ChecklistStart a moving company the right wayStart a moving company with the right truck, permits, and pricing, plus the marketing that keeps the calendar full.GuideBook an annual legal checkup, stay safeContracts drift, laws change, and policies go stale. A once-a-year legal review with your lawyer catches problems while they are small, cheap, and fixable on your schedule.