Events listed in United States
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“. ...
Rules of Practice and Procedure
ID 26588
Following a corresponding consultation in April 2022 (EventID 15456), the Board of Governors of the Federal Reserve System (FED), the Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) have now published in the Federal Register their **final rule regarding the modernization of their rules and regulations to account for developments in ...
Self-Regulatory Organizations; Municipal Securities Rulemaking Board; Notice of ...
ID 26584
The U.S. Securities and Exchange Commission, SEC, has published in the Federal Registered proposed rule change of the MSRB (Municipal Securities Rulemaking Board) in connection with the SEC’s amendments to Exchange Act Rule 15c6-1(5) to shorten the settlement process for most equity and corporate bond transactions, requiring the settlement of such transactions on a T+1 basis. The amendments aim to reduce operational risks and ...
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 ...
Proposed Agency Information Collection Activities; Comment Request (U.S. banking ...
ID 26573
The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FED), and the Federal Deposit Insurance Corporation (FDIC) are requesting comments on their proposed revised data collection in connection with the „Call Reports“ and the FFIEC 002 and 002S reports. Call reports must be filed by all banks and bank holding companies located in the U.S. ...
Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative ...
ID 26569
As previously announced on December 4, 2023, the U.S. Commodity Futures Trading Commission (CFTC) has now published in the Federal Register its consultation on a proposed „Guidance on Listing VCC-Derivative Contracts“. The guidance outlines specific factors that Designated Contract Markets (DCMs) should consider when contemplating the listing of Voluntary Carbon Credit (VCC) derivative contracts on their platforms. The guidance aims to ensure that VCC ...
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 ...
US Department of Labor publishes transcripts of online hearing on proposed ...
ID 26538
Following an online hearing on December 12, 2023 and December 13, 2023 with respect to its ongoing consultation on proposed revisions to the definition of „investment advice fiduciary“ in its rules under the Employee Retirement Income Security Act of 1974 (EventID 23651, EventID 23960), the Employee Benefits Security Administration (EBSA) has now published the transcripts and video recordings to the hearing. – [December 12, ...