Search Results for keywords:"risk reduction"

The Board of Governors of the Federal Reserve System has issued a notice to seek public feedback on a proposal to continue, for three more years without changes, the recordkeeping requirements related to interbank liabilities. These requirements are detailed under Regulation F and are intended to limit the credit exposure of insured depository institutions to other banks to reduce risk. Public comments are invited on various aspects of the proposal, including its necessity, the estimated burden on respondents, and possible ways to improve or streamline the data collection process. The deadline for submitting comments is April 5, 2021.

The Food and Drug Administration (FDA) has released new guidance aimed at reducing the risk of disease transmission caused by sepsis in human cell and tissue products. This guidance is designed to help organizations that make donor eligibility decisions by recommending practices to lower infection risks. The FDA issued this guidance immediately due to urgent health concerns, updating previous recommendations from 2007. The guidance reflects the FDA's current viewpoints but does not impose any legal obligations.

The Food and Drug Administration (FDA) has released three draft guidelines aimed at reducing the transmission risk of hepatitis B (HBV), hepatitis C (HCV), and HIV through human cells and tissues. These guidelines update previous recommendations to help organizations determine donor eligibility through proper screening and testing. Comments on these drafts are encouraged by February 6, 2025, and can be submitted electronically or in writing. The drafts also advise on eliminating certain donor screening questions and focus on assessing each donor's risk based on relevant factors, regardless of gender.

The Pipeline and Hazardous Materials Safety Administration (PHMSA) is issuing an advisory bulletin to encourage pipeline owners and operators to use a Pipeline Safety Management System (PSMS) based on the American Petroleum Institute's guidelines. This approach aims to enhance safety by identifying and reducing risks throughout the pipeline's life. It follows the recommendation from the National Transportation Safety Board after several pipeline incidents suggested that implementing such a system could prevent future accidents. The bulletin promotes voluntary adoption and emphasizes building a strong safety culture to prevent harm to people and the environment.