Compliance, Regulatory Requirements 14 Jan 2025 compliance, regulation, public comment, pharmaceuticals, fda, user fee, generic drugs

📄FDA Notice

The Food and Drug Administration (FDA or Agency) is announcing an opportunity for public comment on the proposed collection of certain information by the Agency. Under the Paperwork Reduction Act of 1995 (PRA), Federal Agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment in response to the notice. This notice solicits comments on information collection associated with our generic drug user fee program.

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Compliance, Regulatory Requirements 14 Jan 2025 compliance, reporting and recordkeeping requirements, irs, income taxes, tax regulations, income sourcing, cloud transactions

☁️IRS Proposes Rules for Cloud Income Tax Sourcing

This document contains proposed rules for determining the source of income from cloud transactions for purposes of the international provisions of the Internal Revenue Code. These proposed rules would generally affect taxpayers who earn gross income from engaging in cloud transactions.

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Regulations, Compliance 14 Jan 2025 compliance, small business, federal communications commission, paperwork reduction act, wireless emergency alerts

📜FCC Seeks Small Business Comments on Information Collection Impact

As part of its continuing effort to reduce paperwork burdens, as required by the Paperwork Reduction Act (PRA) of 1995, the Federal Communications Commission (FCC or the Commission) invites the general public and other Federal Agencies to take this opportunity to comment on the following information collection. Pursuant to the Small Business Paperwork Relief Act of 2002, the FCC seeks specific comment on how it might "further reduce the information collection burden for small business concerns with fewer than 25 employees." The Commission may not conduct or sponsor a collection of information unless it displays a currently valid Office of Management and Budget (OMB) control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid OMB control number.

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Compliance, Regulatory Requirements 14 Jan 2025 compliance, regulations, defense, acquisition, service contracting, dfars

📜Business Implications of DFARS Service Contracting Regulations

The Defense Acquisition Regulations System has submitted to OMB for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act.

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Compliance, Financial 14 Jan 2025 compliance, business regulation, motor carriers, administrative practice and procedure, civil monetary penalties, transportation industry, surface transportation, freight forwarders, brokers, inflation

📈2025 Civil Monetary Penalty Adjustments by the Surface Transportation Board

The Surface Transportation Board (Board) is issuing a final rule to implement the annual inflationary adjustment to its civil monetary penalties, pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Regulatory Compliance, Financial Reporting 14 Jan 2025 compliance, energy, regulation, natural gas, business impact, pipeline
Regulatory Compliance, Business Acquisition 13 Jan 2025 compliance, acquisitions, united states, national security, steel industry, cfius
Compliance, Regulatory Changes 13 Jan 2025 compliance, regulations, homeland security, freedom of information, privacy, classified information, government employees, courts, social security

🔒DHS Proposes Changes to Social Security Number Regulations and Compliance

The Department of Homeland Security (DHS or Department) is proposing to amend its regulations under the Privacy Act of 1974 consistent with the Social Security Number Fraud Prevention Act of 2017. In addition, DHS is proposing to amend the rules regarding including a Social Security number on physical mail only when necessary to further define "necessary" and provide instructions on redaction of social security numbers when feasible.

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Compliance, Regulatory Requirements 13 Jan 2025 compliance, sec, regulation, civil monetary penalties, business risk

⚖️SEC Announces Adjustments to Civil Monetary Penalty Amounts for 2025

The Securities and Exchange Commission ("Commission") is publishing this notice ("Notice") pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 ("2015 Act"). This Act requires all agencies to annually adjust for inflation the civil monetary penalties that can be imposed under the statutes administered by the agency and publish the adjusted amounts in the Federal Register. This Notice sets forth the annual inflation adjustment of the maximum amount of civil monetary penalties ("CMPs") administered by the Commission under the Securities Act of 1933 ("Securities Act"), the Securities Exchange Act of 1934 ("Exchange Act"), the Investment Company Act of 1940, and certain penalties under the Sarbanes-Oxley Act of 2002. These amounts are effective beginning on January 15, 2025, and will apply to all penalties imposed after that date for violations of the aforementioned statutes that occurred after November 2, 2015.

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Regulatory Compliance, Financial Reporting 13 Jan 2025 compliance, information collection, regulation, federal reserve, business operations

📋Federal Reserve Proposes Extension of Regulation II Compliance Requirements

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision the Recordkeeping and Disclosure Requirements Associated with Regulation II (FR II; OMB No. 7100-0349).

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