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8/15/2024

USTR Requests OMB Approval to Renew 301 Exclusion Requests Information Collection

The Office of the United States Trade Representative (USTR) is seeking approval from the Office of Management and Budget (OMB) to revive an expired paperwork reduction act request for the collection of information titled `301 Exclusion Requests', which is related to trade exclusion requests under the Paperwork Reduction Act of 1995 (PRA).

8/15/2024

FDA Issues Final Debarment Order Against Ryan Stabile for 15 Years

The Food and Drug Administration (FDA) has issued a final debarment order against Ryan Stabile, barring him from importing or offering for import any drug into the United States for 15 years, following his conviction on three felony counts related to the importation of misbranded drugs with intent to defraud/mislead.

8/15/2024

UNESCO Receives Request from Lebanon for Cultural Property Protection

The United Nations Educational, Scientific and Cultural Organization (UNESCO) has received a request from the Government of Lebanon under Article 9 of the 1970 UNESCO Convention on the Means of Prohibiting and Preventing the Illicit Import, Export and Transfer of Ownership of Cultural Property, seeking protection for its cultural heritage.

8/15/2024

Public Comment Period Announced for Proposed Information Collections

The U.S. Department of the Treasury is seeking public comments on proposed information collections, specifically the List of Data (A) and List of Data (B), as part of its efforts to reduce paperwork and respondent burden, in accordance with the Paperwork Reduction Act of 1995.

8/15/2024

OFAC Sanctions Actions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of individuals or entities added to its Specially Designated Nationals and Blocked Persons List (SDN List) due to OFAC's determination that certain legal criteria were met, resulting in the freezing of their assets and prohibiting U.S. persons from conducting transactions with them.

8/15/2024

Proposed Extension of Information Collection Request for Form 1096

The Internal Revenue Service (IRS) is seeking public comments on a proposed extension of its information collection request for Form 1096, which is used to report U.S. information returns, as part of its efforts to reduce paperwork and respondent burden. The request is part of the Paperwork Reduction Act of 1995 and is currently open for public comment.

8/15/2024

Farragut Mezzanine Partners III, L.P. Surrenders SBIC License

Farragut Mezzanine Partners III, L.P. surrenders its license to operate as a Small Business Investment Company (SBIC), a designation granted by the U.S. Small Business Administration (SBA). This move comes after the company failed to meet the required performance standards.

8/15/2024

FDIC and Board Adopt Final Guidance for Resolution Plan Submissions by Domestic Banking Organizations

The FDIC and the Board are adopting final guidance for domestic banking organizations to develop resolution plans for 2025 and subsequent submissions, helping firms comply with the Dodd-Frank Act and jointly issued regulation. The guidance clarifies expectations for key vulnerabilities in plans for orderly resolution under the U.S. Bankruptcy Code, depending on the chosen resolution strategy.

8/14/2024

World Bank Iran Economic Monitor Spring 2024 Report Released

The World Bank has released the Spring 2024 edition of the Iran Economic Monitor, which provides an economic outlook for Iran and highlights key economic developments, based on modeling as of May 2024, and was disclosed on July 10, 2024.

8/14/2024

Announcing Issuance of Federal Information Processing Standards (FIPS) FIPS 203, Module-Lattice-Based Key-Encapsulation Mechanism Standard, FIPS 204, Module-Lattice-Based Digital Signature Standard, and FIPS 205, Stateless Hash-Based Digital Signature Standard

The US Secretary of Commerce has approved three new Federal Information Processing Standards (FIPS) to enhance security against future quantum computer attacks, derived from the NIST post-quantum cryptography standardization project.