Search Results for keywords:"compliance standards"

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Search Results: keywords:"compliance standards"

  • Type:Notice
    Citation:89 FR 99873
    Reading Time:about 9 minutes

    The Centers for Medicare & Medicaid Services (CMS) has approved the application by DNV Healthcare USA, Inc. to continue as a national accrediting body for Critical Access Hospitals participating in Medicare or Medicaid. Approval is granted for four years, from December 23, 2024, to December 23, 2028. This means hospitals accredited by DNV meet or surpass the necessary standards for Medicare. There were no public comments on DNV's application, and DNV successfully aligned its standards and survey procedures with Medicare requirements.

    Simple Explanation

    The government has said that a company called DNV Healthcare can keep checking small hospitals to make sure they're ready to help people with Medicare or Medicaid. They will do this for four more years, but people want to know more about how they will make sure everything is done right.

  • Type:Notice
    Citation:90 FR 2041
    Reading Time:about 6 minutes

    The Postal Regulatory Commission has announced that the Postal Service has submitted its Annual Compliance Report (ACR) for fiscal year 2024. This report details the costs, revenues, rates, and service quality of its products over the past year. The Commission is now inviting public comments to help evaluate whether these aspects met the compliance standards. Comments are due by January 28, 2025, with reply comments due by February 11, 2025, and the Commission will later issue a determination on the matter.

    Simple Explanation

    The Postal Regulatory Commission wants to check if the Postal Service did a good job with how it spends and makes money and how well it delivers mail. They are asking people to share their opinions about this, and they need these opinions by certain dates in early 2025 to help them decide.

  • Type:Notice
    Citation:89 FR 99320
    Reading Time:about 12 minutes

    The Securities and Exchange Commission has approved a proposed rule change by the New York Stock Exchange (NYSE) to amend NYSE Rule 7.31(f)(1). This change will allow Directed Orders, which are specific types of trades, to be routed to broker-dealer algorithms instead of just to alternative trading systems (ATS). This update is intended to give member organizations more flexibility and choice in how they route orders, potentially improving operational efficiency. The NYSE will not control the selection of the algorithm, and will not have visibility into how or where an order is executed by the algorithm.

    Simple Explanation

    The agency in charge of keeping stock markets fair has approved a change in the rules to let certain trades be handled by smart programs chosen by the people making the trades. This might make trading smoother, but there's not much information on how safe and fair it will be when these smart programs do the work.

  • Type:Notice
    Citation:90 FR 9137
    Reading Time:about 16 minutes

    The Federal Energy Regulatory Commission has received multiple filings related to natural gas pipeline rate changes and compliance reports, which were submitted by various companies. These filings include proposals for rate adjustments, compliance with specific orders, and updated operating conditions, with effective dates mostly set for mid-2025. Interested parties wishing to participate in or contest these proceedings must submit their interventions or protests by the noted comment deadlines. The filings can be accessed through the Commission's eLibrary system, and additional support for the public is provided by the Office of Public Participation.

    Simple Explanation

    The people in charge of energy rules got a lot of papers from different companies about changing prices for gas pipelines, and they're asking for thoughts from the public. If people want to say anything about these changes, they need to send in their comments by the deadline.

  • Type:Rule
    Citation:86 FR 9224
    Reading Time:about 2 hours

    The Commodity Futures Trading Commission (CFTC) has finalized new rules to address several operational challenges faced by Swap Execution Facilities (SEFs) and their market participants. These changes include eliminating the requirement for SEFs to capture and retain post-execution allocation information in their audit trail data. Additionally, the financial resources requirements have been amended to reduce burdens on SEFs while ensuring compliance with regulatory standards. The rules also simplify the duties and reporting requirements of a Chief Compliance Officer, allowing more flexibility and efficiency in SEF operations.

    Simple Explanation

    The CFTC made new rules to help places that trade swaps (kind of like a marketplace for certain financial deals) work better by easing some strict requirements, like not having to keep every single detail after a trade is done. They also made sure these places have enough money to run smoothly and made it simpler for their "rules boss" to report what’s happening.

  • Type:Notice
    Citation:90 FR 1593
    Reading Time:about 4 minutes

    The Federal Motor Carrier Safety Administration (FMCSA) is seeking public comments on its plan to renew the Information Collection Request (ICR) for Electronic Logging Device (ELD) Vendor Registration. This request is needed for ELD vendors to register their devices with FMCSA to ensure compliance with established standards. The deadline for public comments is March 10, 2025. The FMCSA wants feedback on the necessity of this collection, the accuracy of burden estimates, ways to improve the usefulness of the information collected, and how to reduce any burden without compromising quality.

    Simple Explanation

    The government wants to hear people's thoughts about how companies must register their electronic devices used to keep track of driving hours, to make sure they're following the rules correctly. They are also thinking about how to make this process easier and less time-consuming.