Events listed in United States
Financial Stability Oversight Council Releases 2023 Annual Report
ID 26255
The Financial Stability Oversight Council has released its 2023 annual report on the state of play of the U.S. financial system and the soundness of the U.S. banking system in accordance with Section 112 of the Dodd-Frank Act. The report is published on a yearly basis to (1) outline major trends in financial markets and in particular the U.S. market; (2) identify and describe ...
(Financial and Operational Combined Uniform Single) FOCUS Report: Information ...
ID 26248
The U.S. Securities and Exchange Commission (SEC) has published FOCUS REPORT FORM X-17A-5 SCHEDULE I which will be valid through November 30, 2026 unless otherwise modified before following the approval of the Office of Management and Budget (OMB). Form X-17A-5 SCHEDULE is a regulatory filing requested by the SEC on an annual basis by registered broker-dealers under the Securities Exchange Act of 1934. It ...
Transnational Criminal Organizations Designations; Counter Terrorism Designation; ...
ID 26247
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added three individuals and one entity to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to existing sanction regulations (31 CFR Part 594, Executive Order 13224, and Executive Order 13581) for their engagement in or the financing of terrorist organization ...
SEC Approves 2024 PCAOB Budget and Accounting Support Fee
ID 26235
The U.S. Securities and Exchange Commission has issued an order to approve the 2024 budget and the so-called accounting support fees of the Public Company Accounting Oversight Board (PCAOB) which is responsible for overseeing and regulating the auditing of public companies and their financial reports to protect investors and enhance the integrity of financial markets. The accounting support fees is relevant for issuers and ...
Counter Terrorism Designations
ID 26234
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added eight individuals 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 terrorist organization Hamas. The following persons are affected ...
SEC Adopts Rules to Improve Risk Management in Clearance and Settlement and ...
ID 26227
The U.S. Securities and Exchange Commission (SEC) has published its final rule aimed at enhancing risk management practices of central counterparties (CCPs) and promoting the clearing of U.S. government securities. The final rules comes after an extensive consultation which was launched in September 2022 (please see EventID 17315 in this context for more detailed, comprehensive information). #### Background To recall, in an effort enhance ...
Russia-related Designations and Designations Updates; Issuance of Russia-related ...
ID 26219
The Office of Foreign Assets Control (OFAC) has published a press release to announce extensive new sanction measures to impose further restrictions on individuals and entities (including ships) engaged in or used for the purchase of goods for the benefit of the Russian military. Specifically, OFAC is designating numerous additional individuals, entities, and vessels in accordance with amended Executive Order (E.O.) 14024 which permits ...
FACT SHEET: U.S. Department of the Treasury Actions to Prevent and Disrupt ...
ID 26195
The U.S. Department of the Treasury (USDT) has published a „fact sheet“ in which it outlines its efforts in the last two years and upcoming initiatives to combat corruption and illicit finance. These efforts and initiatives focus around three key themes: – the prevention of money laundering; – holding individuals and firms accountable for their doing; and – the strengthening of global anti-corruption efforts. ...
Global Magnitsky Designations
ID 26186
The Office of Foreign Assets Control (OFAC) has published a press release to inform about new sanction measures. Specifically, the Office added two individuals and 44 associated entities to its Specially Designated Nationals and Blocked Persons List (SDN List) due to their engagement in transnational corruption pursuant to existing sanction regulations (Executive Order 13818 and 31 CFR Part 583). The affected persons are listed ...
FinCEN to Host Webinar on Beneficial Ownership Information Reporting Requirements
ID 26184
In view of the coming into force of the new beneficial ownership reporting requirements on January 1, 2024 (please see EventID 17480 in this context), the Financial Crimes Enforcement Network (FinCEN) published – on December 11, 2023 – a press statement in which it announced an „upcoming“ webinar with the topic: „Beneficial Ownership Information Reporting Requirements: What You Need to Know“ on December 13, ...