Events listed in United States
Federal Reserve Board publishes a database of financial institutions with access ...
ID 23744
The Board of Governors of the Federal Reserve System (FED) has published a press statement to inform that on Friday, June 16, 2023, it released a new database containing information about financial institutions that have access to or have requested access to Federal Reserve Bank master accounts and services. This database aligns with the legal obligations established last year and will be updated every ...
Malta Personal Retirement Scheme Listed Transaction
ID 23731
The Internal Revenue Service (IRS) and the U.S. Department of the Treasury (USDT) have published in the Federal Register a proposed new regulation to fill the loopholes for tax avoidance in connection with Malta pension plans by individuals subject to U.S. income taxes. Specifically, so far, individuals could „invest“ in Malta pension plans by transferring their assets (stocks, cryptocurrency, etc.) to such plan and ...
Derivatives Clearing Organization Risk Management Regulations To Account for the ...
ID 23728
As previously announced by the U.S. Commodity Futures Trading Commission, CFTC, the Commission has now published in the Federal Register its final note to extend the comment period on a proposed rule amendment to 17 CFR Part 39, §39.13. To recall, the CFTC seeks to implement previously issued no-action relief as regards the „Treatment of Separate Accounts of a Single Customer by Clearing Members“ ...
Non-proliferation Designation; North Korea Designation; Russia-related Designation ...
ID 23722
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added two individuals to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to Executive Order 13382, Executive Order 13810, and various sanction regulations for being involved in or supportive of the North Korean missile and military program or simply for ...
Acting Comptroller Issues Statement on Key Risks Facing Federal Banking System
ID 23721
The Office of the Comptroller of the Currency, OCC, has published its semi-annual risk perspective which describes the current and expected operating environment of financial institutions in the U.S. and outlines the key risks faced by financial institutions in this context (with data provided for the analysis as of December 31, 2022). In brief, these are: (1) operational risks: these risks remain elevated as ...
Publication of a Fact Sheet on the Provision of Humanitarian Assistance and Trade ...
ID 23718
The Office of Foreign Assets Control, OFAC, has published a press statement to announce the issuance of three new general licenses to permit certain financial transactions that would otherwise be prohibited pursuant to the Syrian Sanctions Regulations (Statutory Instrument 31 CFR Part 542), the Iranian Transactions and Sanctions Regulations (Statutory Instrument 31 CFR Part 560), and the Venezuela Sanctions Regulations (Statutory Instrument 31 CFR ...
Agency Information Collection Activities; Submission for OMB Review; Comment ...
ID 23684
In February 2023, 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) requested comments on their proposed revised data collection in connection with „Call Reports“ and the FFIEC 002 and 002S reports. Call reports must be filed by all banks and bank holding companies located in the ...
CFTC Extends Public Comment Period on Proposed Rule to Address the Treatment of ...
ID 23681
The U.S. Commodity Futures Trading Commission, CFTC, has published a press statement concerning its consultation on a proposed rule amendment to 17 CFR Part 39, §39.13 to implement previously issued no-action relief as regards the „Treatment of Separate Accounts of a Single Customer by Clearing Members“ for purposes of initial margin withdrawals (§39.13 (g) 8 iii) (please see EventID 20672 for a detailed description ...
Announcement of Financial Sector Liabilities
ID 23678
The Board of Governors of the Federal Reserve System (FED) published in the Federal Register its annual determination of the aggregate consolidated liabilities of financial companies as required by section 622 of the Dodd-Frank Act. The act prohibits a financial company from combining with another company, if the resulting company’s liabilities would exceed 10 percent of the aggregate consolidated liabilities of ALL financial companies. ...
Technical Amendments to Commission Rules and Forms
ID 23675
The U.S. Securities and Exchange Commission, SEC, has published in the Federal Register final rules and form amendments concerning the following Statutory Instruments: 17 CFR PART 200 – ORGANIZATION; CONDUCT AND ETHICS; AND INFORMATION AND REQUESTS 17 CFR PART 229 – STANDARD INSTRUCTIONS FOR FILING FORMS – REGULATION S-K 17 CFR PART 249 – FORMS, SECURITIES EXCHANGE ACT OF 1934 17 CFR PART 270 ...