Notice 25 Mar 2025 compliance, international trade, treasury department, national security, ofac sanctions

🚫OFAC Sanctions Notice and Its Implications for Businesses

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and vessels 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. The vessels placed on the SDN List have been identified as property in which a blocked person has an interest.

Learn More
Notice 10 Mar 2025 compliance, business impact, treasury department, financial regulation, leveraged lending

🏦OCC Requests Comment on Leveraged Lending Information Collection

The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Leveraged Lending."

Learn More
Notice 4 Mar 2025 compliance, regulations, treasury department, international business, tax policy, boycott

🌍Countries Requiring Cooperation with International Boycotts

The Department of the Treasury announces a current list of countries that may require participation in or cooperation with international boycotts. The notice includes Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen, highlighting the importance for U.S. businesses to remain compliant with relevant regulations.

Learn More
Notice 28 Feb 2025 regulatory compliance, information collection, treasury department, ttb, alcohol industry, tobacco industry

🍺Regulatory Requirements for Alcohol and Tobacco Businesses

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

Learn More
Notice 28 Feb 2025 compliance, information collection, irs, treasury department, tax forms

📄IRS Information Collection Notice by Treasury Department

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

Learn More
Regulatory, Compliance 29 Jan 2025 compliance, treasury department, financial implications, business regulations, sanctions, ofac

📜OFAC Sanctions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of persons whose property and interests in property have been unblocked and who have been removed from the list of Specially Designated Nationals and Blocked Persons.

Learn More
Financial Assistance, Compliance Requirements 28 Jan 2025 compliance, financial assistance, treasury department, business regulations, air carriers, cares act

💼Proposed Collection Notice for CARES Act Loan and Payroll Support Programs

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the proposed information collection listed below, in accordance with the Paperwork Reduction Act of 1995.

Learn More
Regulatory Compliance, Financial Implications 23 Jan 2025 regulatory compliance, treasury department, foreign assets control, sanctions, ofac

🚫OFAC Sanctions Action Notice and Its Business Implications

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. Additionally, OFAC is publishing updates to the identifying information of two persons currently included on the SDN List.

Learn More
Compliance, Regulatory Changes 15 Jan 2025 compliance, treasury department, labor department, health insurance, affordable care act, preventive services

📋Withdrawal of Proposed Rule on Preventive Services Coverage

This document withdraws a notice of proposed rulemaking that appeared in the Federal Register on October 28, 2024, regarding coverage of certain preventive services under the Affordable Care Act.

Learn More
Regulatory Compliance, Financial Implications 15 Jan 2025 compliance, regulation, banking, administrative practice and procedure, penalties, treasury department, exports, civil penalties, ofac, banks, inflation, foreign trade, blocking of assets

📈OFAC Adjusts Civil Monetary Penalties for Inflation, Effective 2025

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties for inflation pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Learn More