Search Results for keywords:"Regulatory Burden"

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Search Results: keywords:"Regulatory Burden"

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  • 2021-00503 — Agency Information Collection Activities; Comment Request; Registration and Equal Employment Opportunity in Apprenticeship Programs
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    Type:Notice
    Citation:86 FR 2700
    Reading Time:about 8 minutes

    The Department of Labor's Employment and Training Administration (ETA) is seeking public comments on a planned update to its information collection regarding apprenticeship programs. This revision aims to streamline the data collection process to minimize paperwork and enhance clarity. The update will incorporate modifications to existing forms and introduce a new form for state apprenticeship agencies. Feedback is requested by March 15, 2021, to improve the efficiency and effectiveness of the data gathering process, as well as to ensure compliance with the Paperwork Reduction Act.

    Simple Explanation

    The Department of Labor wants to make it easier for people to share information when joining job training programs by asking for ideas from the public on how to do this better before March 15, 2021. They are trying to make sure it's not too much work for people filling out forms by making some changes and adding a new form for some states.

  • 2025-03172 — Statement on Regulatory Burden
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    Type:Rule
    Citation:90 FR 11013
    Reading Time:about 31 minutes

    The Farm Credit Administration (FCA) has released a document addressing comments about reducing regulatory burdens on Farm Credit System (FCS) institutions, such as the Federal Agricultural Mortgage Corporation. It explains the FCA's response to feedback received about rules considered unnecessary or burdensome. Key points discussed include changes needed for accounting practices and reporting requirements, and some suggestions that align with ongoing regulatory projects. The FCA also mentions willingness to evaluate certain comments further and emphasizes its commitment to maintaining necessary regulations to ensure safety and soundness while reducing unnecessary burdens.

    Simple Explanation

    The Farm Credit Administration is like a coach for banks that help farmers, and they're trying to make the rules less complicated for these banks so that both the banks and farmers can focus on doing well. They're figuring out which rules are a bit too much and are asking people what they think, but their explanations are sometimes hard to understand, like a puzzle with too many pieces.

  • 2024-30449 — Succession Planning
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    Type:Rule
    Citation:89 FR 104865
    Reading Time:about 57 minutes

    The National Credit Union Administration (NCUA) has issued a new rule aimed at improving succession planning for federally insured credit unions. This rule mandates that these credit unions create a written succession plan covering key positions and specifies that the plan must be regularly updated at least every 24 months. Responding to public comments, the NCUA has made several adjustments, such as reducing the frequency of required plan reviews and removing certain officials from the mandatory coverage list. The rule will take effect on January 1, 2026, giving credit unions time to prepare.

    Simple Explanation

    The NCUA has made a new rule that says credit unions must have a plan for when important people leave their jobs. This plan needs to be checked every two years and will start in 2026.

  • 2021-03731 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Financial Crimes Enforcement Network Information Collection Requests
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    Type:Notice
    Citation:86 FR 11379
    Reading Time:about 11 minutes

    The Department of the Treasury is planning to submit several information collection requests to the Office of Management and Budget (OMB) for review. These requests are related to financial crime regulations, such as reporting large cash transactions and anti-money laundering requirements for casinos. The public is encouraged to provide comments on these proposals by March 26, 2021. The document details different areas where the Treasury seeks to extend its data gathering efforts under existing regulations without making changes.

    Simple Explanation

    The Department of the Treasury wants to make sure that banks and casinos report big cash movements to help stop money crimes. They are asking people to share their thoughts about these rules to see if they can make them better.