Notice 24 Feb 2025 business compliance, risk management, business operations, flood insurance, fema, community planning, environmental policy, flood regulation

🌊Changes in Flood Hazard Determinations

This notice lists communities where the addition or modification of Base Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, or the regulatory floodway (hereinafter referred to as flood hazard determinations), as shown on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports, prepared by the Federal Emergency Management Agency (FEMA) for each community, is appropriate because of new scientific or technical data. The FIRM, and where applicable, portions of the FIS report, have been revised to reflect these flood hazard determinations through issuance of a Letter of Map Revision (LOMR), in accordance with Federal Regulations. The currently effective community number is shown in the table below and must be used for all new policies and renewals.

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Notice 11 Feb 2025 compliance, securities, risk management, financial regulation, options clearing, margin

📈Margin Add-On Charge Proposed by Options Clearing Corporation

The Securities and Exchange Commission issued a notice regarding a proposed rule change by the Options Clearing Corporation to establish a margin add-on charge. This measure aims to mitigate risks associated with intraday and overnight trading, particularly focusing on the trading of short-dated options. The proposal includes various amendments addressing industry feedback and regulatory standards.

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Notice 6 Feb 2025 compliance, risk management, financial regulations, commodity futures trading commission, swap dealers

📊CFTC Notice on Renewal of Information Collection for Swap Dealers

The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comments on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed renewal of an existing collection of information, and to allow 60 days for public comment in response to the notice. This notice solicits comments on the collection of information mandated by Commission regulations 23.600 (Risk Management Program for Swap Dealers and Major Swap Participants), 23.601 (Monitoring of Position Limits), 23.602 (Diligent Supervision), 23.603 (Business Continuity and Disaster Recovery), 23.606 (General Information: Availability for Disclosure and Inspection), and 23.607 (Antitrust Considerations).

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Notice 4 Feb 2025 compliance, risk management, cftc, derivatives, clearing members, financial stability

📊CFTC Notice on Clearing Member Risk Management Compliance

The Commodity Futures Trading Commission ("Commission" or "CFTC") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("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. This notice solicits comments on the obligation to maintain records related to clearing documentation between a customer and the customer's clearing member, as required under Commission regulations.

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Regulation, Compliance 31 Jan 2025 compliance, sec, risk management, options clearing corporation, financial regulation, securities exchange commission
Compliance, Regulatory 27 Jan 2025 federal regulations, risk management, financial institutions, fdic, liquidation

🏦FDIC Update on Financial Institutions in Liquidation - January 2025

Notice is hereby given that the Federal Deposit Insurance Corporation (Corporation) has been appointed the sole receiver for the following financial institution effective as of the Date Closed as indicated in the listing.

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Regulatory Requirements, Financial Services 22 Jan 2025 regulatory compliance, risk management, securities exchange, clearing agency, treasury securities
Compliance, Financial Regulations 22 Jan 2025 regulatory changes, risk management, options clearing corporation, margin requirements, clearing fund
Regulatory Compliance, Financial Management 22 Jan 2025 risk management, options clearing corporation, margin requirements, financial regulation, intraday trading
Compliance, Regulatory Requirements, Cybersecurity 17 Jan 2025 federal regulations, cybersecurity, risk management, executive order, software development