Events listed in [FR] Federal Register
Annual Reporting and Disclosure
ID 23311
The Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor has published in the Federal Register a final rule to make rather technical revisions to a previously issued rule pertaining to the reporting requirements of employee pension plans. Specifically, the previous rule was issued on February 24, 2023 and implemented new reporting and auditing requirements for defined contribution groups and multiple-employer retirement ...
Proposed Exemption for Certain Prohibited Transaction Restrictions Involving UBS AG ...
ID 23233
The Employee Benefits Security Administration, EBSA, of the U.S. Department of Labor (DOL) published in the Federal Register its [proposal](https://www.federalregister.gov/documents/2023/05/12/2023-10289/proposed-exemption-for-certain-prohibited-transaction-restrictions-involving-ubs-ag-ubs-and-credit) to grant a new Prohibited Transaction Exemption (PTE) to allow qualified professional asset managers (QPAMs) of UBS AG and Credit Suisse Group AG related entities to continue t ...
Regulation D: Reserve Requirements of Depository Institutions
ID 23213
The Board of Governors of the Federal Reserve System (FED) published in the Federal Register modifications to Regulation D – Reserve Requirements of Depository Institutions – with immediate effect to adjust the rate of interest on reserve balances (IROB) to 5.15 percent. The new rate represents a 0.25 percentage point increase from the prior level and is applicable to both required and excess balances ...
Facilitating the LIBOR Transition Consistent With the LIBOR Act (Regulation Z)
ID 23205
The Consumer Financial Protection Bureau, CFPB, has published in the Federal Register an interim final rule as regards various amendments under the Truth and Lending Regulation (Regulation Z or Statutory Instrument 12 CFR Part 1026), to implement or better transpose the Adjustable Interest Rate (LIBOR) Act of 2021 which determines SOFR, the Secured Overnight Financing Rate, as the Board selected replacement rate for all ...
Regulation A: Extensions of Credit by Federal Reserve Banks
ID 23202
The Board of Governors of the Federal Reserve System (FED) has made a publication in the Federal Register to announce the adoption of final amendments to its Regulation A to increase the rate for primary credit (overnight credit) at each Federal Reserve Bank. The secondary credit rate for those institutions not qualifying for the primary rate is thereby increased implicitly as well by a ...
Corrections in the Iranian Transactions and Sanctions Regulations and Western ...
ID 23014
The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has published in the Federal Register a final regulation as regards amendments to the Iranian Transactions and Sanctions Regulations (31 CFR Part 560) and the Western Balkans Stabilization Regulations (31 CFR Part 588). The regulation primarily makes minor technical corrections to the existing sanction regulations such as the correction of ...
Fair Housing Rule, Consumer Protection in Sales of Insurance Rule; Technical ...
ID 22914
The Federal Deposit Insurance Corporation (FDIC) has published in the Federal Register a final rule to make a rather technical correction to its Fair Housing Rule under 12 CFR Part 338. The Fair Housing Rule stipulates disclosure and recordkeeping obligations of banks and savings associations engaged in real estate loan lending activities. Specifically, it requires, among other things, to disclose to clients on the ...
Derivatives Clearing Organization Risk Management Regulations To Account for the ...
ID 22775
Following the announcement of 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“ with respect to initial margin withdrawals (§39.13 (g) 8 iii), the U.S. Commodity Futures Trading Commission, CFTC, has now published its proposal in the Federal Register. To recall, currently, the ...
Regulation S-P: Privacy of Consumer Financial Information and Safeguarding Customer ...
ID 22709
Following the publication of a corresponding press release in March 2023, the U.S. Securities and Exchange Commission (SEC) has now published in the Federal Register its consultation on proposed revisions to Regulation S-P (17 CFR Part 248) which are aimed at enhancing (cyber) security management, customer information protection, and the disclosure of certain data breaches to customers. Among others, the Commission seeks to expand ...
Cybersecurity Risk Management for Investment Advisers, Registered Investment ...
ID 22407
Following a corresponding announcement earlier this month, the U.S. Securities and Exchange Commission, SEC, has now published in the Federal Register its notice on the re-opening of the comment period on its consultation concerning the management and disclosure of cyber security risks and incidents of investment funds and their managers (advisers). To recall, in its corresponding consultation the Commission sought to enhance the awareness ...