Events listed in United States
Regulatory Notice 23-11
ID 23670
The Financial Industry Regulatory Authority, FINRA, has launched a consultation on a proposed new rule as regards the liquidity risk management of FINRA member firms. Specifically, FINRA seeks to implement new Rule 4610, entitled „Liquidity Risk Management,“ which would establish requirements for member organizations in relation to maintaining sufficient liquidity. The rule would apply to (1) carrying members with $25 million or more in ...
OCC Hosts Credit and Operational Risk Workshops in Minneapolis
ID 23669
The Office of the Comptroller of the Currency (OCC) has published a press statement to announce two upcoming workshops in Minneapolis as regards credit and operational risk management. The workshops encompass the following: 1. credit risk management workshop: It will focus on critical elements of effective credit risk management thereby emphasizing the role of the Board of Directors and senior management, the identification and ...
Annual Report of Proxy Voting Record of Registered Management Investment Company ...
ID 23660
The U.S. Securities and Exchange Commission (SEC) has re-published its revised Form N-PX – Annual Report of Proxy Voting Record to be used for reporting periods ending on or after July 1, 2024. The revised form reflects the revisions made by final rule RIN 3235-AK67 (EventID 18899) which significantly enhanced the disclosure requirements on proxy voting, effective July 1, 2024. Form N-PX must be ...
Reporting Form for Investment Advisers to Private Funds, Certain Commodity Pool ...
ID 23659
In view of the coming into force of new rules for U.S. money market funds (MMFs) and changes to the reporting requirements and forms of all funds on June 11, 2024 (EventID 22004), the Securities and Exchange Commission has issued revised Form PF which collects information aimed at monitoring systemic risk in the private fund industry, including hedge funds and private equity funds. Form ...
OCC Requests Comment for Survey on Trust in Banking
ID 23656
The Office of the Comptroller of the Currency (OCC) has published a press statement to announce an upcoming „request for information“ regarding a proposed annual trust survey in relation to banking services and supervision. The aim of the survey is to understand, measure, and track the public’s trust in banking and bank supervision by the OCC and other banking regulators over time. The request ...
Interagency Guidance on Third-Party Relationships: Risk Management
ID 23654
Following a consultation on a proposed new Interagency Guidance on Third-Party Relationships: Risk Management in 2021, the Board of Governors of the Federal Reserve System (FED), the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Company (FDIC) have now published in the Federal Register the finalized version of the guidance. The final version includes the feedback, the regulators have ...
OFAC to retire its FTP server (OFACFTP.treas.gov) on or about June 10, 2024
ID 23652
The Office of Foreign Assets Control, OFAC, has published a press statement to inform that on June 10, 2024 or around that date, it will retire its FTP-server (ofacftp.treas.gov). The termination is primarily due to enhancements to the Treasury’s security policies. OFAC acknowledges that numerous users rely on ofacftp.treas.gov to automate the downloading of sanctions list data which is why it will keep the ...
Counter Terrorism Designations; Iran-related Designations Updates; ...
ID 23636
The Office of Foreign Assets Control (OFAC) published a press release informing about new sanction measures. Specifically, the Office added two individuals to its Specially Designated Nationals and Blocked Persons List (SDN List) based on Executive Order 13224 and the Global Terrorism Sanctions Regulations (31 CFR Part 594). Additionally, OFAC has modified the records of various sanctioned ships which have been designated pursuant to ...
Agencies propose interagency guidance on reconsiderations of value for residential ...
ID 23629
The Board of Governors of the Federal Reserve System, FED, has published a press statement to announce an upcoming consultation on new Interagency Guidance on Reconsiderations of Value (ROV) of Residential Real Estate. The guidance will be issued by five (banking) regulators, including the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of ...
Treasury Department Announces Framework to Promote Fairer, More Equitable ...
ID 23626
The U.S. Department of the Treasury (USDT) has announced a new initiative aimed at enhancing fairness and transparency in its compliance and enforcement practices. The framework, outlined in a memo drawn up by Deputy Secretary Wally Adeyemo, serves as a guide for Treasury Department bureaus and offices in their interactions with the public. The objective is to improve accountability and promote fairness while preventing ...