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  • CDC Expands Negative COVID-19 Test Requirement to All Air Passengers Entering the United States

    Centers for Disease Control and Prevention Expands Negative COVID-19 Test Requirement to All Air Passengers Entering the United States | site |


    (Information contained in Centers for Disease Control and Prevention [CDC] press release: January 12, 2021) The Centers for Disease Control and Prevention is expanding the requirement for a negative COVID-19 test to all air passengers entering the United States. Testing before and after travel is a critical layer to slow the introduction and spread of COVID-19. This strategy is consistent with the current phase of the pandemic and more efficiently protects the health of Americans. Variants of the SARS-CoV-2 virus continue to emerge in countries around the world, and there is evidence of increased transmissibility of some of these variants. With the US already in surge status, the testing requirement for air passengers will help slow the spread of the virus as we work to vaccinate the American public. Before departu...
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  • Agencies propose Requirement for Computer Security Incident Notification

    Agencies propose Requirement for Computer Security Incident Notification

    Agencies propose Requirement for Computer Security Incident Notification | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: December 18, 2020)


    Board of Governors of the Federal Reserve System

    Federal Deposit Insurance Corporation

    Office of the Comptroller of the Currency



    Agencies propose Requirement for Computer Security Incident Notification



    Federal financial regulatory agencies today announced a proposal that would require supervised banking organizations to promptly notify their primary federal regulator in the event of a computer security incident. In particular, alerts would be required for incidents that could result in a banking organization's inability to deliver services to a material portion of its customer base, jeopardize the viability of key operations of a banking organization, or impact the stability of...
    See more | Go to post

  • Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2021

    Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2021 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release: December 7, 2020)


    The Federal Reserve Board on Monday announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche. The annual indexation and publication of these amounts are required by statute but will not affect depository institutions' reserve requirements, which will remain zero. For all net transaction accounts in 2021, the reserve requirement ratio was set to zero percent in March 2020; therefore, all net transaction accounts are exempt from reserve requirements. The reserve requirement exemption amount will be set at $21.1 million, up from $16.9 million in 2020, and is the amount of a depository institution's reservable liabilities that will always be e...
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  • Additional Details - - - HHS Expands Relief Fund Eligibility and Updates Reporting Requirements

    Additional Details - - - Health and Human Services Expands Relief Fund Eligibility and Updates Reporting Requirements | site |



    (October 22, 2020) - - In a news release dated October 22, 2020, the U.S. Department of Health and Human Services published the following information: The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is announcing the latest Provider Relief Fund (PRF) application period has been expanded to include provider applicants such as residential treatment facilities, chiropractors, and eye and vision providers that have not yet received Provider Relief Fund distributions. On October 1, 2020, HHS announced it would be making up to $20 billion in new Phase 3 General Distribution funding available for providers on the frontlines of the coronavirus pandemic. HHS is also focused on ensuring the safe continuity of all types of health care delivery despite this pandemic. A...
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  • Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2020

    Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2020| site |



    (November 20, 2019) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Wednesday announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche. These amounts are used in the calculation of reserve requirements for depository institutions. The Board also announced the annual indexing of nonexempt deposit cutoff and the reduced reporting limit. All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal Reserve Bank, or as a deposit in a pass-through account at a correspondent institution. Reserve requirements currently are assessed on the depository institution's net transaction accounts (mostly checking accounts). Depository i...
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  • Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2019

    Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2019



    (October 25, 2018) - - The Federal Reserve Board on Thursday announced the annual indexing of two amounts used in determining reserve requirements of depository institutions. These amounts are the reserve requirement exemption amount and the low reserve tranche. All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal Reserve Bank, or as a deposit in a pass-through account at a correspondent institution. Reserve requirements currently are assessed on the depository institution's net transaction accounts (mostly checking accounts). Depository institutions must also regularly submit reports of their deposits and other reservable liabilities. For net transaction accounts in 2019, the f...
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  • Federal Election Commission Welcomes New Senate Electronic Filing Requirement

    Federal Election Commission Welcomes New Senate Electronic Filing Requirement




    Washington, DC - - (September 21, 2018) - - The Federal Election Commission welcomed a new statutory provision making the Commission, effective immediately, the point of entry for all filings required under the Federal Election Campaign Act (FECA). The Commission has included this requirement among its legislative recommendations to Congress since as early as 1977. The legislation signed today by President Trump requires Senate filers to file campaign finance disclosure reports with the Commission, rather than with the Secretary of the Senate, which makes Senate reports subject to the same electronic filing requirements as other committees. “We are pleased that the Senate has taken this important step,” said Chair Caroline C. Hunter. “Electronically filed reports will accelerate public disclosure of ca...
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  • Staff Reporter 1
    CDC Expands Negative COVID-19 Test Requirement to All Air Passengers Entering the United States
    by Staff Reporter 1
    Centers for Disease Control and Prevention Expands Negative COVID-19 Test Requirement to All Air Passengers Entering the United States | site |


    (Information contained in Centers for Disease Control and Prevention [CDC] press release: January 12, 2021) The Centers for Disease Control and Prevention is expanding the requirement for a negative COVID-19 test to all air passengers entering the United States. Testing before and after travel is a critical layer to slow the introduction and spread of COVID-19. This strategy is consistent with the current phase of the pandemic and more efficiently protects the health of Americans. Variants of the SARS-CoV-2 virus continue to emerge in countries around the world, and there is evidence of increased transmissibility of some of these variants. With the US already in surge status, the testing requirement for air passengers will help slow the spread of the virus as we work to vaccinate the American public. Before departu...
    01-13-2021, 07:20 AM
  • Staff Reporter 1
    Agencies propose Requirement for Computer Security Incident Notification
    by Staff Reporter 1
    Agencies propose Requirement for Computer Security Incident Notification | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: December 18, 2020)


    Board of Governors of the Federal Reserve System

    Federal Deposit Insurance Corporation

    Office of the Comptroller of the Currency



    Agencies propose Requirement for Computer Security Incident Notification



    Federal financial regulatory agencies today announced a proposal that would require supervised banking organizations to promptly notify their primary federal regulator in the event of a computer security incident. In particular, alerts would be required for incidents that could result in a banking organization's inability to deliver services to a material portion of its customer base, jeopardize the viability of key operations of a banking organization, or impact the stability of...
    12-18-2020, 07:40 PM
  • Staff Reporter 1
    Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2021
    by Staff Reporter 1
    Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2021 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release: December 7, 2020)


    The Federal Reserve Board on Monday announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche. The annual indexation and publication of these amounts are required by statute but will not affect depository institutions' reserve requirements, which will remain zero. For all net transaction accounts in 2021, the reserve requirement ratio was set to zero percent in March 2020; therefore, all net transaction accounts are exempt from reserve requirements. The reserve requirement exemption amount will be set at $21.1 million, up from $16.9 million in 2020, and is the amount of a depository institution's reservable liabilities that will always be e...
    12-07-2020, 09:38 PM
  • Staff Reporter 1
    Additional Details - - - HHS Expands Relief Fund Eligibility and Updates Reporting Requirements
    by Staff Reporter 1
    Additional Details - - - Health and Human Services Expands Relief Fund Eligibility and Updates Reporting Requirements | site |



    (October 22, 2020) - - In a news release dated October 22, 2020, the U.S. Department of Health and Human Services published the following information: The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is announcing the latest Provider Relief Fund (PRF) application period has been expanded to include provider applicants such as residential treatment facilities, chiropractors, and eye and vision providers that have not yet received Provider Relief Fund distributions. On October 1, 2020, HHS announced it would be making up to $20 billion in new Phase 3 General Distribution funding available for providers on the frontlines of the coronavirus pandemic. HHS is also focused on ensuring the safe continuity of all types of health care delivery despite this pandemic. A...
    10-27-2020, 05:13 AM
  • Staff Reporter 1
    Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2020
    by Staff Reporter 1
    Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2020| site |



    (November 20, 2019) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Wednesday announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche. These amounts are used in the calculation of reserve requirements for depository institutions. The Board also announced the annual indexing of nonexempt deposit cutoff and the reduced reporting limit. All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal Reserve Bank, or as a deposit in a pass-through account at a correspondent institution. Reserve requirements currently are assessed on the depository institution's net transaction accounts (mostly checking accounts). Depository i...
    11-21-2019, 10:51 PM

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