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

📋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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Regulatory Compliance, Financial Data 13 Jan 2025 payments study, financial institutions, data collection, federal reserve, compliance

📊Federal Reserve Payments Study Approved for Three-Year Extension

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Federal Reserve Payments Study (FR 3066; OMB No. 7100-0351).

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Compliance, Regulatory Changes 13 Jan 2025 naics codes, epa, pesticide, agriculture, environmental regulation, compliance

🌱EPA Receives Pesticide Petition for Residue Regulation Changes

This document announces the Agency's receipt of an initial filing of a pesticide petition requesting the establishment or modification of regulations for residues of pesticide chemicals in or on various commodities.

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Regulatory Requirements, Compliance 13 Jan 2025 endangered species, regulations, u.s. fish and wildlife, compliance, permits

🦉Notice on Endangered Species Recovery Permit Applications

We, the U.S. Fish and Wildlife Service, invite the public to comment on the following applications for a permit to conduct scientific research to promote conservation or other activities intended to recover and enhance endangered species survival. With some exceptions, the Endangered Species Act (ESA) prohibits certain activities that may impact endangered species, unless a Federal permit allows such activity. The ESA also requires that we invite public comment before issuing these permits.

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Regulatory Compliance, Financial Impact 13 Jan 2025 compliance, business regulation, federal reserve, administrative practice and procedure, inflation adjustment, penalties, claims, civil money penalties, lawyers, equal access to justice, crime

💼Federal Reserve Updates Civil Money Penalties for Inflation in 2025

The Board of Governors of the Federal Reserve System (the "Board") is issuing a final rule amending its rules of practice and procedure to adjust the amount of each civil money penalty ("CMP") provided by law within its jurisdiction to account for inflation as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Compliance, Regulatory Requirements, Financial Data 13 Jan 2025 energy, natural gas, finance, gulf south pipeline, compliance, regulation
Compliance, Financial Regulation 13 Jan 2025 compliance, sec, securities, reporting and recordkeeping requirements, financial regulation, brokers, investment companies, broker-dealer

📈SEC's Daily Computation Rule Changes for Broker-Dealers

The Securities and Exchange Commission ("Commission") is adopting amendments to the broker-dealer customer protection rule to require certain broker-dealers to perform their reserve computations for accounts of customers and proprietary accounts of broker-dealers and make any required deposits into their reserve bank accounts daily rather than weekly. The Commission also is adopting amendments to the broker-dealer net capital rule and customer protection rule to permit certain broker-dealers that perform a daily reserve computation for accounts of customers to reduce aggregate debit items (i.e., customer- related receivables) by 2% rather than 3% as part of the computation. Finally, the Commission is adopting technical amendments to the Financial and Operational Combined Uniform Single Report ("FOCUS Report") to conform it to the amendments with respect to the lowering of the debit reduction from 3% to 2%.

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Legal Notifications 13 Jan 2025 legal proceedings, equal employment opportunity, sunshine act, eeoc, compliance
Public Notice, Regulatory Compliance 13 Jan 2025 civil rights, advisory committee, public meeting, north carolina, compliance

🏛️Notice of North Carolina Advisory Committee Public Meeting

Notice is hereby given, pursuant to the provisions of the rules and regulations of the U.S. Commission on Civil Rights (Commission) and the Federal Advisory Committee Act, that the North Carolina Advisory Committee (Committee) to the U.S. Commission on Civil Rights will hold a virtual, public meeting via Zoom at 1 p.m. eastern time on Friday, January 31, 2025. The purpose of this meeting is to discuss the Committee's report on the topic, Civil Rights and the Child Welfare System in North Carolina.

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Compliance, Regulatory Requirements 13 Jan 2025 sanctions, ofac, financial services, treasury department, compliance

🚫OFAC Sanctions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

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