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  • Federal Reserve Board invites Public Comment on Proposed Guidelines to Evaluate Requests for Accounts and Payment Services at Federal Reserve Banks

    Federal Reserve Board invites Public Comment on Proposed Guidelines to Evaluate Requests for Accounts and Payment Services at Federal Reserve Banks | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: May 5, 2021) The Federal Reserve Board on Wednesday invited public comment on proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve Banks ("Account Access Guidelines"). Recent years have seen the introduction of new financial products and delivery mechanisms for traditional banking services, notably leveraging emerging technologies, including from institutions with novel types of banking charters designed to support such innovation. To facilitate these activities, some such institutions have requested access to the payments system offered by Federal Reserve Banks. To help achieve the goal of applying a transparent and consistent process for all access requests, as wel...
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  • FDIC Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo

    Federal Deposit Insurance Corporation Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo | site |



    (Information contained in Federal Deposit Insurance Corporation press release dated: April 22, 2021) Washington - - The Federal Deposit Insurance Corporation (FDIC) today issued a proposed rule implementing its statutory authority to prohibit any person or organization from making misrepresentations about FDIC deposit insurance or misusing the FDIC’s name or logo. This statutory authority allows the FDIC to bring formal enforcement actions, such as cease and desist orders or civil money penalties, against individuals or entities for violations. The proposed rule describes the process by which the FDIC would identify and investigate potential violations, and the procedures it would follow, when formally and informally enforcing the statutory prohibitions. The propo...
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  • U.S. Department of Labor announces Proposed 18-month Delay to Prevailing Wage Rule Affecting Certain Immigrants, Non-Immigrants

    U.S. Department of Labor announces Proposed 18-month Delay to Prevailing Wage Rule Affecting Certain Immigrants, Non-Immigrants | site |


    (Information contained in U.S. Department of Labor press release dated: March 22, 2021)

    Washington, DC – The U.S. Department of Labor has announced that it has proposed an 18-month delay in the effective date of a final rule on calculating prevailing wages of certain immigrants and non-immigrant workers. Published in January 2021, the final rule affects employers seeking to employ foreign workers on a permanent or temporary basis through certain immigrant visas or through H-1B, H-1B1 and E-3 non-immigrant visas. The proposed delay will provide the department with sufficient time to consider the rule’s legal and policy issues thoroughly, and issue an upcoming Request for Information and gather public comments on the sources and methods for determining prevailing wage levels. The proposed del
    ...
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  • Agencies release Proposed new Interagency Questions and Answers regarding Private Flood Insurance

    Agencies release Proposed new Interagency Questions and Answers regarding Private Flood Insurance | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: March 11, 2021)


    Board of Governors of the Federal Reserve System

    Farm Credit Administration

    Federal Deposit Insurance Corporation

    National Credit Union Administration

    Office of the Comptroller of the Currency


    Washington - - Five federal regulatory agencies today requested public comment on 24 proposed Interagency Questions and Answers Regarding Private Flood Insurance. The proposal is intended to help lenders comply with the agencies' joint rule promulgated in 2019 to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. The proposal incorporates new questions and answers in a number of areas including:
    • Mandatory
    ...
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  • HHS OCR Publishes Proposed Rule Protecting Infants Born Alive from Discrimination on the Basis of Disability

    HHS Office for Civil Rights Publishes Proposed Rule Protecting Infants Born Alive from Discrimination on the Basis of Disability | site |




    (Information contained in U.S. Department of Health and Human Services press release dated: January 15, 2021)

    Today, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) issued a proposed rule promoting the fundamental human dignity of individuals with disabilities in the nation’s health care system and protecting the rights of parents seeking treatment for infants with disabilities. The proposed rule, “Special Responsibilities of Medicare Hospitals in Emergency Cases and Discrimination on the Basis of Disability in Critical Health and Human Service Programs or Activities,” updates and clarifies existing Departmental regulations to conform with statutory protections against disability discrimination, and establishes that HHS’ regulations:
    • Protect patients, including infants
    ...
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  • SEC Publishes Notice of German Substituted Compliance Application and Proposed Order

    U.S. Securities and Exchange Commission Publishes Notice of German Substituted Compliance Application and Proposed Order| site |


    (November 9, 2020) - - On November 9, 2020 the U.S. Securities and Exchange Commission (SEC) published the following information: Washington D.C., Nov. 9, 2020 — The Securities and Exchange Commission today voted to publish a notice of a substituted compliance application by Germany’s Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) as well as a proposed order that would conditionally provide substituted compliance for German firms that are registered with the Commission as security-based swap dealers and security-based swap participants. These are the latest of a series of actions that the Commission has taken to stand up Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, including cross-border regulation. Substituted compliance is an alternative method by which the Commission can allow non-U.S. deal...
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  • Agencies invite Comment on Proposed Rule under Bank Secrecy Act

    Agencies invite Comment on Proposed Rule under Bank Secrecy Act

    Agencies invite Comment on Proposed Rule under Bank Secrecy Act | site |



    (October 23, 2020) - - Today, October 23, 2020, the Board of Governors of the Federal Reserve System published the following information:





    Agencies invite comment on proposed rule under Bank Secrecy Act


    Board of Governors of the Federal Reserve System
    Financial Crimes Enforcement Network



    The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board today invited comment on a proposed rule that would amend the recordkeeping and travel rule regulations under the Bank Secrecy Act. FinCEN and the Board, pursuant to their shared authority, are proposing amendments to the recordkeeping rule jointly, while FinCEN, pursuant to its sole authority, is proposing amendments to the travel rule. Under the current recordkeeping and travel rule regulations, financial institutions must collect, retain, and
    ...
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  • IRS, Treasury issue Proposed Regulations updating Income Tax Withholding Rules

    IRS, Treasury issue Proposed Regulations updating Income Tax Withholding Rules

    U.S. Internal Revenue Service and the Department of the Treasury issue Proposed Regulations updating Income Tax Withholding Rules| site |




    (February 11, 2020) - - Today, the U.S. Internal Revenue Service (IRS) published the following information:

    WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service today issued proposed regulations updating the federal income tax withholding rules to reflect changes made by the Tax Cuts and Jobs Act (TCJA) and other legislation.

    In general, the proposed regulations, available now in the Federal Register, are designed to accommodate the redesigned Form W-4, Employee's Withholding Certificate, to be used starting in 2020, and the related tables and computational procedures in Publication 15-T, Federal Income Tax Withholding Methods. The proposed regulations and related guidance do not require employees to furnish a new Form W-4 solely because of the redesign of the Form
    ...
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  • U.S. Department of Veterans Affairs announces Proposed Rule regarding Equal Treatment of Faith-based organizations in VA-supported Social Service Programs

    U.S. Department of Veterans Affairs announces Proposed Rule regarding Equal Treatment of Faith-based organizations in VA-supported Social Service Programs| site |




    (January 16, 2020) - - Today, the U.S. Department of Veterans Affairs published the following information:

    WASHINGTON – The U.S. Department of Veterans Affairs (VA) proposed a rule, Jan. 16, that would implement President Trump’s, May 3, 2018, Executive Order (EO) establishing a White House Faith and Opportunity Initiative, to remove regulatory barriers allowing religious and non-religious organizations equal treatment in VA-supported social service programs. The proposed rule ensures VA-supported social service programs are implemented in a manner consistent with the Constitution and other applicable federal law. Under current regulations governing these programs, religious providers of social services — but not other providers of social services — must make referrals und...
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  • U.S. Department of Labor Announces Proposed Rule Regarding Equal Treatment of Faith-Based Organizations in U.S. Department of Labor-Supported Social Service Programs

    U.S. Department of Labor Announces Proposed Rule Regarding Equal Treatment of Faith-Based Organizations in U.S. Department of Labor-Supported Social Service Programs| site |




    (January 16, 2020) - - The U.S. Department of Labor published (today) the following information:

    WASHINGTON, DC – Today, the U.S. Department of Labor (the Department) is proposing a rule that would implement President Trump’s Executive Order No. 13831 (May 3, 2018), remove regulatory burdens on religious organizations and ensure that religious and non-religious organizations are treated equally in Department-supported programs. The proposed rule is intended to better ensure that Department-supported social service programs are implemented in a manner that treats religious organizations fairly, consistent with the Constitution and other applicable federal law. The Department looks forward to public comments on the proposed rule. “Our nation has a proud heritage of religiou
    ...
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  • Agencies extend Comment Period for Proposed Rule to amend Swap Margin Rules

    Agencies extend Comment Period for Proposed Rule to amend Swap Margin Rules

    Agencies extend Comment Period for Proposed Rule to amend Swap Margin Rules | site |



    Board of Governors of the Federal Reserve System
    Farm Credit Administration
    Federal Deposit Insurance Corporation
    Federal Housing Finance Agency
    Office of the Comptroller of the Currency




    (December 20, 2019) - - Today (December 20, 2019), the Board of Governors of the Federal Reserve System published the following information:

    Five federal agencies today announced they will reopen and extend until January 23, 2020, the comment period on a proposal to change swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities.

    The agencies extended the comment period to allow interested persons more time to analyze the issues and prepare their comments, which were originally due by December 9, 2019.

    Federal Register notice
    ...
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  • U.S. Department of Transportation Issues Proposed Rule on Remote ID for Drones

    U.S. Department of Transportation Issues Proposed Rule on Remote ID for Drones| site |



    (December 31, 2019) - - Today (December 31, 2019), the U.S. Department of Transportation published the following information:

    WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) today announced a proposed rule https://www.federalregister.gov/docu...rcraft-systems that would continue the safe integration of Unmanned Aircraft Systems (UAS), commonly called drones, into the nation’s airspace by requiring them to be identifiable remotely. “Remote ID technologies will enhance safety and security by allowing the FAA, law enforcement, and Federal security agencies to identify drones flying in their jurisdiction,” said U.S. Transportation Secretary Elaine L. Chao. The FAA seeks input on the Notice of Proposed Rulemaking (NPRM) for Remote Identification (Remote ID) of UAS that today was published in the Federal Register. I
    ...
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  • U.S. Treasury and IRS issue Proposed Regulations and Provide Relief for certain Tax-exempt Organizations

    U.S. Treasury and IRS issue Proposed Regulations and Provide Relief for certain Tax-exempt Organizations| site |


    (September 6, 2019) - - Today (September 6, 2019), the U.S. Internal Revenue Service (IRS) published the following information:

    WASHINGTON — The Internal Revenue Service today issued proposed regulations clarifying the reporting requirements generally applicable to tax-exempt organizations. The proposed regulations reflect statutory amendments and certain grants of reporting relief announced by the Treasury Department and the IRS in prior guidance to help many tax-exempt organizations generally find the reporting requirements in one place. Among other provisions, the proposed regulations incorporate the existing exception from having to file an annual return for certain organizations that normally have gross receipts of $50,000 or less, which is found in Revenue Procedure 2011-15. The regulations also incorporate relief from requirements to re
    ...
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  • U.S. Department of the Treasury Releases Proposed Regulations on Opportunity Zones Designed to Incentivize Investment in American Communities

    U.S. Department of the Treasury Releases Proposed Regulations on Opportunity Zones Designed to Incentivize Investment in American Communities



    Washington, DC - - (October 19, 2018) - - The Treasury Department today issued proposed guidance related to the new Opportunity Zone tax incentive. The tax benefit, created by the 2017 Tax Cuts and Jobs Act, is designed to spur economic development and job creation by encouraging long-term investments in economically distressed communities nationwide. “We want all Americans to experience the dynamic opportunities being generated by President Trump’s economic policies. We anticipate that $100 billion in private capital will be dedicated towards creating jobs and economic development in Opportunity Zones,” said Secretary Steven T. Mnuchin. “This incentive will foster economic revitalization and promote sustainable economic growth, which was a...
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  • Statement by Attorney General Sessions Supporting Proposed Legislation to Counter Unmanned Aircraft Systems

    Statement by Attorney General Sessions Supporting Proposed Legislation to Counter Unmanned Aircraft Systems




    (September 25, 2018) - - Attorney General Sessions today issued the following statement of support for legislation to counter threats from unmanned aircraft systems: “From the Wright Brothers to John Glenn to today, Americans have been at the leading edge of aeronautics and made breakthroughs that have changed our world for the better. Drone technology, one of the latest of these inventions, promises to strengthen us economically by creating American jobs and transforming American industry. Unfortunately, however, this new tool can also be used to wreak havoc by criminals, terrorists and other bad actors. That is why the Trump administration has worked on legal reforms to enable law-abiding people to use this technology for good while protecting them from those who would u...
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  • Staff Reporter 1
    Federal Reserve Board invites Public Comment on Proposed Guidelines to Evaluate Requests for Accounts and Payment Services at Federal Reserve Banks
    by Staff Reporter 1
    Federal Reserve Board invites Public Comment on Proposed Guidelines to Evaluate Requests for Accounts and Payment Services at Federal Reserve Banks | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: May 5, 2021) The Federal Reserve Board on Wednesday invited public comment on proposed guidelines to evaluate requests for accounts and payment services at Federal Reserve Banks ("Account Access Guidelines"). Recent years have seen the introduction of new financial products and delivery mechanisms for traditional banking services, notably leveraging emerging technologies, including from institutions with novel types of banking charters designed to support such innovation. To facilitate these activities, some such institutions have requested access to the payments system offered by Federal Reserve Banks. To help achieve the goal of applying a transparent and consistent process for all access requests, as wel...
    05-07-2021, 01:04 AM
  • Staff Reporter 1
    FDIC Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo
    by Staff Reporter 1
    Federal Deposit Insurance Corporation Issues Proposed Rule Regarding False Advertising, Misrepresentations About Insured Status, and Misuse of the FDIC’s Name or Logo | site |



    (Information contained in Federal Deposit Insurance Corporation press release dated: April 22, 2021) Washington - - The Federal Deposit Insurance Corporation (FDIC) today issued a proposed rule implementing its statutory authority to prohibit any person or organization from making misrepresentations about FDIC deposit insurance or misusing the FDIC’s name or logo. This statutory authority allows the FDIC to bring formal enforcement actions, such as cease and desist orders or civil money penalties, against individuals or entities for violations. The proposed rule describes the process by which the FDIC would identify and investigate potential violations, and the procedures it would follow, when formally and informally enforcing the statutory prohibitions. The propo...
    04-30-2021, 03:05 AM
  • Staff Reporter 1
    U.S. Department of Labor announces Proposed 18-month Delay to Prevailing Wage Rule Affecting Certain Immigrants, Non-Immigrants
    by Staff Reporter 1
    U.S. Department of Labor announces Proposed 18-month Delay to Prevailing Wage Rule Affecting Certain Immigrants, Non-Immigrants | site |


    (Information contained in U.S. Department of Labor press release dated: March 22, 2021)

    Washington, DC – The U.S. Department of Labor has announced that it has proposed an 18-month delay in the effective date of a final rule on calculating prevailing wages of certain immigrants and non-immigrant workers. Published in January 2021, the final rule affects employers seeking to employ foreign workers on a permanent or temporary basis through certain immigrant visas or through H-1B, H-1B1 and E-3 non-immigrant visas. The proposed delay will provide the department with sufficient time to consider the rule’s legal and policy issues thoroughly, and issue an upcoming Request for Information and gather public comments on the sources and methods for determining prevailing wage levels. The proposed del
    ...
    03-23-2021, 01:17 AM
  • Staff Reporter 1
    Agencies release Proposed new Interagency Questions and Answers regarding Private Flood Insurance
    by Staff Reporter 1
    Agencies release Proposed new Interagency Questions and Answers regarding Private Flood Insurance | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: March 11, 2021)


    Board of Governors of the Federal Reserve System

    Farm Credit Administration

    Federal Deposit Insurance Corporation

    National Credit Union Administration

    Office of the Comptroller of the Currency


    Washington - - Five federal regulatory agencies today requested public comment on 24 proposed Interagency Questions and Answers Regarding Private Flood Insurance. The proposal is intended to help lenders comply with the agencies' joint rule promulgated in 2019 to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. The proposal incorporates new questions and answers in a number of areas including:
    • Mandatory
    ...
    03-14-2021, 04:30 AM
  • Staff Reporter 1
    HHS OCR Publishes Proposed Rule Protecting Infants Born Alive from Discrimination on the Basis of Disability
    by Staff Reporter 1
    HHS Office for Civil Rights Publishes Proposed Rule Protecting Infants Born Alive from Discrimination on the Basis of Disability | site |




    (Information contained in U.S. Department of Health and Human Services press release dated: January 15, 2021)

    Today, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) issued a proposed rule promoting the fundamental human dignity of individuals with disabilities in the nation’s health care system and protecting the rights of parents seeking treatment for infants with disabilities. The proposed rule, “Special Responsibilities of Medicare Hospitals in Emergency Cases and Discrimination on the Basis of Disability in Critical Health and Human Service Programs or Activities,” updates and clarifies existing Departmental regulations to conform with statutory protections against disability discrimination, and establishes that HHS’ regulations:
    • Protect patients, including infants
    ...
    01-19-2021, 09:14 AM

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