covered

The term "Covered Financial Institution" (CFI) is a critical designation within the regulatory landscape of the financial industry. It’s a term that carries significant weight, as it determines which organizations are subject to specific rules, oversight, and compliance requirements. Understanding what constitutes a CFI, the different types of entities that fall under this umbrella, and … Read more

The financial industry is a complex and highly regulated sector, vital to the functioning of the global economy. At the heart of this regulatory framework lie "Covered Financial Institutions" (CFIs). These are entities subject to specific laws, rules, and oversight designed to protect consumers, maintain financial stability, and prevent illicit activities. Understanding the definition, scope, … Read more