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14 Dec 2022, 9:56 am
N.J.S.A. 34:15- 36 mandates that every application for workers’ compensation include “notice, as approved by the Commissioner of Banking and Insurance, concerning the availability of workers’ compensation coverage” for limited liability company members. [read post]
14 Dec 2022, 7:58 am
At an EXIM bank event yesterday, U.S. [read post]
14 Dec 2022, 5:01 am
A state’s legal review evaluates only whether a given weapon can be used in compliance with international humanitarian law; it does not require a weapon to meet any objective safety standards. [read post]
14 Dec 2022, 2:22 am
The greater resilience of banks and the higher standards around conduct also mean they are expected to offer a greater range on forbearance options. [read post]
14 Dec 2022, 2:14 am
On 13 December 2022, the Bank of England (the Bank) published a letter from Andrew Bailey, Governor, to Jeremy Hunt, Chancellor of the Exchequer, responding to the remit for the Financial Policy Committee (FPC). [read post]
14 Dec 2022, 2:09 am
On 13 December 2022, the European Banking Authority published its roadmap on sustainable finance. [read post]
13 Dec 2022, 11:17 am
Nobody ever said doing business with China would be easy. [read post]
13 Dec 2022, 11:16 am
Best Practice: Maintain separate bank accounts for your business and personal finances. [read post]
13 Dec 2022, 5:53 am
This post provides a primer on incapacity and incompetency proceedings and compares the standards for each. [read post]
13 Dec 2022, 2:00 am
Typically, employees are told to use their PTO or sick banks to be paid for the required time away from work. [read post]
13 Dec 2022, 1:55 am
In Austria, the corporate income tax will be cut from 25 percent to 24 percent in 2023 and further to 23 percent in 2024.[5] In the United Kingdom, the standard statutory corporate income tax rate is due to increase from 19 percent to 25 percent on April 1, 2023.[6] In Turkey, the corporate income tax was temporarily increased from 20 percent to 25 in 2021 and 23 percent in 2022. [read post]
12 Dec 2022, 9:27 am
Work will include a review of banks’ compliance with new implementing technical standards on reporting and Pillar 3 disclosure requirements related to climate risk, and benchmarking of banks’ practices against supervisory expectations. [read post]
12 Dec 2022, 5:24 am
Inhofe National Defense Authorization Act for Fiscal Year 2023 (NDAA) and opted to include several non-defense-related provisions contained in the Financial Data Transparency Act of 2022 that would require the SEC and banking regulators to adopt data standards for making data submitted to these agencies by the persons and entities they regulate fully searchable and machine-readable. [read post]
10 Dec 2022, 11:18 am
The overlords of Big Tech see themselves as god-like figures with enormous superpowers, like Mark Zuckerberg’s data bank of almost every American citizen. [read post]
9 Dec 2022, 11:35 am
Browsers choose which CAs meet their security standards and store those in their “root stores,” which are organized to reject inferior or unsafe CAs. [read post]
9 Dec 2022, 8:18 am
Rather than needing to update beneficiaries on different policies and assets as you go (such as investment accounts, bank accounts, etc.), you make the Trust the beneficiary of EVERYTHING and then when your estate plan needs a simple update – you only need amend the Trust, which you can do as long as it is a standard revocable (living) trust. [read post]
9 Dec 2022, 7:31 am
This industry taskforce will examine the case for trades to be settled more quickly in the UK, such as moving to a ‘T+1’ standard settlement period. [read post]
9 Dec 2022, 7:04 am
The attorney had sent the company their standard engagement agreement to sign, requested a retainer check, and gave them wiring instructions to their IOLTA account. [read post]
9 Dec 2022, 3:00 am
National/Federal Democrats Ramp Up Investigation of Kushner Family Business Dealings MSN – Michael Kranish (Washington Post) | Published: 12/7/2022 Democrats on a pair of congressional committees launched a new effort to obtain information about whether Jared Kushner’s actions on U.S. policy in the Persian Gulf region as a senior White House adviser were influenced by the bailout of a property owned by his family business. [read post]
9 Dec 2022, 1:58 am
On 8 December 2022, the European Banking Authority (EBA) published a Consultation Paper: Draft Implementing Technical Standards (ITS) on amending Commission Implementing Regulation (EU) 2016/2070 with regard to the benchmarking of internal models. [read post]
