N.Y. FIS Law § 405

§ 405. Immunity. In the absence of fraud or bad faith, no person\nsubject to the provisions of this chapter, the banking law or the\ninsurance law shall be subject to civil liability, and no civil cause of\naction of any nature shall arise against such person for any: (a)\ninformation relating to suspected violations of the banking law or the\ninsurance law furnished to law enforcement officials, their agents and\nemployees; (b) information relating to suspected violations of the\nbanking law or the insurance law furnished to other persons subject to\nthe provisions of this chapter; and (c) information furnished in reports\nto the financial frauds and consumer protection unit, its agents or\nemployees or any state agency investigating fraud or misconduct relating\nto financial fraud, its agents or employees. The superintendent or any\nemployee of the financial frauds and consumer protection unit, in the\nabsence of fraud or bad faith, shall not be subject to civil liability\nand no civil cause of action of any nature shall arise against the\nsuperintendent or any such employee by virtue of the publication of any\nreport or bulletin related to the official activities of the financial\nfrauds and consumer protection unit. Nothing herein is intended to\nabrogate or modify in any way any common law privilege or immunity\nheretofore enjoyed by any person.\n