Regulatory, Compliance 29 Jan 2025 ofac, business regulations, sanctions, financial implications, 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 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.

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

💼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.

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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.

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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.

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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.

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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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Regulatory Compliance, Financial Impact 10 Jan 2025 compliance, inflation adjustment, treasury department, banking regulations, civil money penalties

💰Inflation Adjustments for Civil Money Penalties Effective 2025

This document announces changes to the Office of the Comptroller of the Currency's (OCC) maximum civil money penalties as adjusted for inflation. The inflation adjustments are required to implement the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

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Regulatory Notice 7 Jan 2025 information collection, irs, treasury department, gift tax, tax return

📄IRS Notice on Information Collection Activities and Public Comments

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.

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