🐠New Regulations Affecting Businesses Due to Coral Reclassification
Endangered and Threatened Wildlife and Plants: Reclassification of Pillar Coral (Dendrogyra cylindrus) From Threatened to Endangered
Summary
In accordance with the memorandum of January 20, 2025, from President Donald J. Trump, entitled "Regulatory Freeze Pending Review," published in the Federal Register on January 28, 2025, this action delays the effective date of the final rule NMFS published in the Federal Register on December 17, 2024, regarding the reclassification of the pillar coral (Dendrogyra cylindrus) on the Federal List of Threatened and Endangered Species.
Agencies
- Commerce Department
- National Oceanic and Atmospheric Administration
Business Impact
$$ - Med
The reclassification of the pillar coral as endangered triggers compliance requirements for businesses involved in activities related to endangered species, including exports, imports, and transportation. This regulation could impact industries such as tourism and trade, necessitating adjustments in operational practices.