Events listed in procedure
US sanctions West Bank update – US sanctions in connection with violence in ...
ID 26974
The US Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on ‘Amana the Settlement Movement of Gush Emunim Central Cooperative Association Ltd (Amana)’. Amana is an important part of the Israeli extremist settlement movement and maintains ties to various individuals who have been sanctioned by the U.S. government and its partners for acts of violence in the West Bank. OFAC also sanctions ...
Counter Terrorism Designations
ID 26592
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added one individual and three entities to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594 and Executive Order 13224) for their engagement in or the financing of „Houthi attacks on international shipping“. ...
Haiti Sanctions: guidance
ID 26587
The UK government has published an updated version of its Haiti sanctions guidance relating to sanction measures imposed on Haiti pursuant to the Haiti (Sanctions) Regulations 2022 (SI 2022/1281). With this guidance, the government aims to support firms in their efforts to comply with the instrument and related sanction provisions. The guidance thereby covers numerous issues, ranging from the purpose and scope of the ...
Agency Information Collection Activities: Announcement of Board Approval Under ...
ID 26579
The Board of Governors of the Federal Reserve System (FED) has published in the Federal Register its final approval to extend – with revisions – its filing requirement (Form FR 2590) under its „single-counterparty credit limit rule (SCCL rule)“ which sets limits to the level of exposure large domestic and foreign banks can have to another counterparty. Specifically, the form has to be filed ...
Publication of the finalized amendments to the „Points to Note on Disclosure ...
ID 26563
The FSA has concluded the amendment process for the „Points to Note on Disclosure of Corporate Affairs, etc. (Guidelines for Disclosure of Corporate Affairs, etc.)“. This culmination follows a period of public consultation. According to the revised guidelines, **when an issuing company engages in the offering or sale of securities with a total value exceeding 100 million yen, it is mandated to submit a ...
Community Reinvestment Act: Revision of Small and Intermediate Small Bank and ...
ID 26559
The Office of the Comptroller of the Currency has issued a new bulletin (OCC Bulletin 2023-40) to announce the yearly adjustment of the asset size thresholds of the categories „small“ and „intermediate small“ institutions for 2024. These categories are used (a) by regulatory authorities to apply different evaluation procedures to assess the performance of institutions under the Community Reinvestment Act and (b) to determine ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; ...
ID 26558
The U.S. Securities and Exchange Commission, SEC, has published a statement in the Federal Register to inform that it will take more time „to determine whether to approve or disapprove“ a proposed rule change by the Financial Industry Regulatory Authority, FINRA, as regards the dissemination of „On-the-Run Nominal Coupon“ securities transaction data and the adoption of a corresponding pricing policy. Specifically, FINRA has filed ...
FAQs – Publicly offered investment products: Guide on the Use of Financial ...
ID 26543
The Securities and Futures Commission, SFC, has published updated guidelines in connection with the use of financial derivative instruments by Unit Trusts and Mutual Funds. The guide primarily outlines the principles to determine net derivatives exposure and corresponding disclosure requirements. It also sets forth circumstances where such calculation isn’t needed (provisions for omitting the determination). This most recent update includes revisions to Annex 2, ...
Regulatory Notice 23-21
ID 26520
On December 22, 2023, the Financial Industry Regulatory Authority (FINRA) issued new Regulatory Notice 23-21 in relation to broker-dealers‘ obligations under – SEA Rule 15c3-1 on net capital requirements of brokers or dealers; – SEC Rule 17a-3 on recordkeeping requirements of certain exchange members, brokers, and dealers as regards account and book records, securities transactions, and various other activities; and – SEC Rule 17a-5 ...
FAQs – Publicly offered investment products: Guide on Practices and ...
ID 26513
The Securities and Futures Commission (SFC) has published updated guidelines in connections with the application for authorization of unit trusts and mutual funds. The guide is aimed at providing „general guidance to firms in preparing their applications and their compliance with regulatory rules“ when applying for the authorization of a unit trust or mutual fund. It thereby covers issues such as the minimum disclosure ...