Events listed in [USDT] U.S. Department of the Treasury
Treasury’s Federal Insurance Office Advances First Insurer Data Call to Assess ...
ID 25612
Following last year’s consultation on a proposed new data collection from property and casualty insurers to assess climate-related financial risks to consumers in the United States (EventID 17819), the U.S. Department of the Treasury has now published an update on this matter. Specifically, the Treasury notes that its Federal Insurance Office (FIO) will proceed with the data collection and has submitted a corresponding request ...
Quarterly Refunding Statement of Assistant Secretary for Financial Markets Josh ...
ID 25611
On November 1, 2023, the US Department of the Treasury (USDT) announced its projected financing needs and the tentative issuance schedule for U.S. government securities between November 2023 and January 2024, inclusive. The following table depicts the intended issuance sizes and maturities in that time period. Graphic 1 – Tentative Government Securities Issuance Schedule The USDT thereby also provides ...
United States and European Union Hold Sixth Joint Committee Meeting under the ...
ID 25459
The U.S. Department of the Treasury (USDT) has published the outcome of a recent meeting with EU regulatory authorities regarding the prudential supervision of (re)insurance undertakings. The meeting took place virtually within the framework of an agreement between the U.S. and the EU to cooperate on such supervision of firms active in each other’s markets and to regularly exchange information in that regard. The ...
IRS Launches New Initiatives Using Inflation Reduction Act Funding to Ensure Large ...
ID 25436
On October 20, 2023, the U.S. Department of the Treasury published a press statement to inform that the Internal Revenue Service (IRS) has launched several initiatives to enhance tax collection from (foreign) companies and high net worth individuals and to improve services offered to the public (including businesses). The following text briefly describes those measures relevant for businesses; for information on measures affecting individual ...
Treasury Announces Cyber Security Cooperation Memorandum of Understanding with the ...
ID 25344
The U.S. Department of the Treasury has issued a press statement to inform that the Department itself and the Cyber Security Council of the United Arab Emirates (UAE) have finalized a bilateral Memorandum of Understanding (MoU) on cybersecurity cooperation. The MoU is an extension of a partnership established in November 2021 between Deputy Secretary of the Treasury Wally Adeyemo and the UAE aimed at ...
Price Cap Coalition Advisory for the Maritime Oil Industry and Related Sectors
ID 25311
The U.S. Department of the Treasury has published an advisory drawn up by the Price Cap Coalition (see comment box below) which contains best practices for the maritime oil industry in response to recent developments as regards activities to evade the price cap restrictions for the transport of cruide oil of Russian origin. Specifically, perpetrators have altered trade routes, engaged numerous different shipping service ...
Treasury Seeks Public Input on Draft OECD/G20 Inclusive Framework Pillar One ...
ID 25288
The U.S. Department of the Treasury has issued a press statement in which it requests public input on the draft OECD/G20 Inclusive Framework Multilateral Convention for implementing Pillar One – Amount A of the international tax reform. Pillar One is part of a broader effort to address taxation challenges arising from digitalization and to prevent base erosion and profit shifting (BEPS) among large multinational ...
Joint Statement on the U.S.-UK Financial Regulatory Working Group
ID 25172
The U.S. Department of the Treasury, USDT, has published a press release informing about the latest UK- U.S. Financial Regulatory Working Group meeting. The session- which was attended by persons representing the Bank of England, the Financial Conduct Authority, and the HM Treasury on the part of UK regulators and by representatives of the USDT, the Office of the Comptroller of the Currency, the ...
Treasury Releases Principles for Net-Zero Financing & Investment, Applauds ...
ID 25001
On September 19, 2023, the U.S. Department of the Treasury issued a press release to inform of the release of the first Principles for Net-Zero Financing & Investment, a set of best practices or guidelines aimed at private sector financial institutions committed to achieving net-zero emissions. These principles encourage consistency and credibility in implementing net-zero commitments and aim to ensure that financial institutions allocate ...
U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and ...
ID 24730
On August 25, 2023, the Internal Revenue Service (IRS) and the U.S. Department of the Treasury (USDT) jointly announced an upcoming consultation on a set of proposed regulations to define how digital asset transactions are to be treated for tax purposes. The proposed regulations thereby address two primary aspects of digital asset taxation: information reporting requirements and the determination of essential financial components, including ...