Regulatory Changes, Financial Compliance 23 Jan 2025 compliance, securities, financial regulations, nasdaq, delisting, stock market
Compliance, Financial Services 23 Jan 2025 market data, sec, cboe, financial regulations, timestamping service
Compliance, Regulatory Requirements 23 Jan 2025 sec, financial regulations, rule change, national securities clearing corporation, depositary trust company
Compliance, Financial Regulations 23 Jan 2025 compliance, financial regulations, irs, banks, bad debt reserves, us treasury

📊IRS Solicits Comments on Bad Debt Reserves Regulation Project TD 8513

The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Bad Debt Reserves of Banks.

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Compliance, Regulatory Requirements 22 Jan 2025 compliance, financial regulations, business impact, treasury, blocked persons, sanctions, ofac

🚫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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Compliance, Financial Assistance Programs 21 Jan 2025 compliance, administrative practice and procedure, financial regulations, doj, victim compensation, terrorism, reimbursement, victim assistance

💼Proposed Updates to Terrorism Victim Expense Reimbursement Program

The Office for Victims of Crime ("OVC") of the U.S. Department of Justice's Office of Justice Programs ("OJP"), proposes this rule to amend the program regulations for the International Terrorism Victim Expense Reimbursement Program ("ITVERP"), to streamline program operation, more expressly reflect certain policy and procedures adopted by OVC since it began administering the program in 2006, and to adjust cost category caps.

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Compliance, Regulatory Requirements 14 Jan 2025 business compliance, financial regulations, inflation adjustments, civil money penalties, fdic

📈FDIC Inflation Adjustments for Civil Money Penalties in 2025

The Federal Deposit Insurance Corporation is providing notice of its maximum civil money penalties as adjusted for inflation.

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Compliance, Regulatory Changes 14 Jan 2025 compliance, banking, financial regulations, consumer financial protection, nsf fees

💳CFPB Withdraws Rule on NSF Fees

The Consumer Financial Protection Bureau (CFPB) is withdrawing its proposed rule to prohibit banks and other financial institutions from charging certain nonsufficient funds (NSF) fees, such as those for declined debit card purchases, Automated Teller Machine (ATM) withdrawals, and some person-to-person payments. The CFPB will determine whether a more comprehensive approach to also prohibit NSF fees charged for additional types of transactions will better protect consumers from potentially unlawful fees.

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Regulatory Compliance, Financial Transactions 13 Jan 2025 financial regulations, real estate, employee benefits, ubc, pension funds, labor organizations

💼Exemption for UBC Property Sale

This document gives notice of an individual exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974, as amended (ERISA) and the Internal Revenue Code of 1986 (the Code). This exemption permits the Trustees of the United Brotherhood of Carpenters Pension Fund (the Plan) to sell 19.25 acres of improved real property (the Property) on behalf of the Plan to the UBC for cash (the Sale).

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Regulatory Compliance, Financial Impact 10 Jan 2025 sec, business compliance, financial regulations, memx, equity transactions