Search Results for keywords:"Regulations"

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Search Results: keywords:"Regulations"

  • Type:Notice
    Citation:90 FR 653
    Reading Time:about 4 minutes

    The Food and Drug Administration (FDA) has announced that certain Food Contact Notifications (FCNs) are no longer effective because some manufacturers stopped using the listed substances for food contact in the U.S. The FDA is following a set process that allows them to determine when an FCN is no longer in use. They expect all remaining stocks of these substances, which were last produced or supplied before January 6, 2025, to be used up by June 30, 2025, as a measure to protect public health. The FDA updated its inventory of effective and no longer effective FCNs on their website.

    Simple Explanation

    The FDA found that some companies have stopped using certain materials for touching food, so these materials are no longer approved. They want all of the leftover materials used up safely by June 2025.

  • Type:Notice
    Citation:90 FR 7657
    Reading Time:less than a minute

    Merck, Sharp & Dohme LLC submitted a proposal to the Foreign-Trade Zones Board to conduct production activities at its facility in Rahway, New Jersey. The request was reviewed according to the Board's regulations, and the public was invited to comment. On January 16, 2024, the Board decided no further review was needed, and the production activity was authorized under existing regulations. The notification was officially documented on January 16, 2025.

    Simple Explanation

    Merck, a big company, got permission to make new medicine in a special area in New Jersey without extra checks because everything followed the rules. The dates seem a bit mixed up, which might be a mistake.

  • Type:Notice
    Citation:90 FR 10079
    Reading Time:about 7 minutes

    The Centers for Medicare & Medicaid Services (CMS) has approved the American Association for Accreditation of Ambulatory Surgery Facilities, known as QUAD A, to continue as a national accrediting organization for Outpatient Physical Therapy (OPT) programs involved in Medicare or Medicaid. QUAD A revised its standards and processes to ensure compliance with Medicare requirements, such as conducting thorough surveys and ensuring facilities meet necessary regulations. This approval is effective from April 4, 2025, to April 4, 2030. The notice confirms that QUAD A’s standards meet or exceed Medicare’s conditions, allowing accredited facilities to be deemed compliant.

    Simple Explanation

    The government said it's okay for a group called QUAD A to keep checking that doctors' offices doing physical therapy are following the rules to get money from special health programs. They made sure QUAD A plays by the rules and agreed they can keep doing this for five more years.

  • Type:Rule
    Citation:86 FR 7949
    Reading Time:about 45 minutes

    The National Credit Union Administration (NCUA) has adopted a final rule to clarify the role of supervisory guidance in regulating credit unions. This rule makes clear that supervisory guidance, unlike laws or regulations, doesn't have the force of law and does not create binding obligations. The NCUA won't take enforcement actions based on supervisory guidance but will use it to communicate expectations and provide examples of best practices. The rule is intended to ensure that guidance remains a helpful tool for both examiners and credit unions without creating legal obligations.

    Simple Explanation

    The NCUA has a new rule to help credit unions understand that "guidance" is like advice or tips, not rules they must follow, and won't get them in trouble if they don't follow it.

  • Type:Notice
    Citation:89 FR 100496
    Reading Time:about a minute or two

    In a notice from the Federal Reserve System, several companies applied to become bank holding companies or to acquire banks or bank holding companies. These applications are in accordance with the Bank Holding Company Act of 1956 and the regulations included. The public can inspect the applications and related files at designated Federal Reserve Banks and the Board of Governors' offices. Comments on the applications are invited from the public and must be submitted by January 13, 2025, with all responses being subject to public disclosure.

    Simple Explanation

    The Federal Reserve System is letting people know that some companies want to start owning banks or buy other banks. People can look at the companies' plans and say what they think about them by January 13, 2025.

  • Type:Notice
    Citation:86 FR 11722
    Reading Time:about 4 minutes

    The Department of Commerce has decided to cancel the review of the antidumping duties on certain hot-rolled steel products from Turkey for the period from October 1, 2019, to September 30, 2020. This decision came after the original requesters, a group of steel companies, withdrew their application for the review within the allowed time frame. The department will instruct the U.S. Customs and Border Protection to assess the previously applied antidumping duties and remind importers of their duty to follow regulations regarding these duties. Additionally, this notice serves as a reminder for parties to handle information properly under administrative protective orders.

    Simple Explanation

    The U.S. Department of Commerce canceled a review of extra taxes on steel from Turkey because the companies who asked for it changed their minds. Now, they will just keep the old rules for those taxes.

  • Type:Notice
    Citation:90 FR 15986
    Reading Time:about a minute or two

    The Federal Reserve System is reviewing several applications from companies that want to form bank holding companies or acquire control of banks. The applications are submitted under the Bank Holding Company Act and other regulations. People interested in these actions can check the details at the mentioned Federal Reserve Bank locations or online, and they can send written comments. Comments must be submitted by May 16, 2025, and will be open to public inspection.

    Simple Explanation

    The Federal Reserve is looking at requests from companies that want to start or buy banks, and anyone can look at these requests and say what they think by a certain date.

  • Type:Rule
    Citation:86 FR 9253
    Reading Time:about 40 minutes

    The Office of the Comptroller of the Currency (OCC) adopted a final rule to codify the Interagency Statement Clarifying the Role of Supervisory Guidance issued in 2018 along with the Federal Reserve, FDIC, NCUA, and the Bureau of Consumer Financial Protection. This rule emphasizes that supervisory guidance, unlike laws or regulations, does not have legal force and doesn't create legally binding obligations for the public. The rule aims to ensure that the OCC will follow the principles of administrative law and use guidance to support transparency and consistency in the supervision of banks. The final rule takes effect on March 15, 2021, and assures that supervisory guidance will continue to be a valuable tool without being enforceable like laws.

    Simple Explanation

    The OCC made a rule to say that their guide for banks is just advice and not something they have to do like a law. This helps make sure everyone knows the rules are fair and clear.

  • Type:Notice
    Citation:89 FR 102121
    Reading Time:about 2 minutes

    The Office of the Under Secretary of Defense for Personnel and Readiness is proposing a new public information collection and is asking for public feedback on the plan. This initiative, in line with the Paperwork Reduction Act of 1995, aims to gather comments on the necessity, accuracy, and utility of the information collected, as well as ways to reduce the collection burden on the public. The information relates to regulations around consumer credit for military personnel and their families. Public comments will be accepted until February 18, 2025, via mail or the Federal eRulemaking Portal.

    Simple Explanation

    The government wants to ask people for their thoughts about rules on borrowing money for military families to make sure everything is fair and easy to understand, and they want to do it in a way that doesn't bother people too much.

  • Type:Rule
    Citation:86 FR 11091
    Reading Time:about 2 minutes

    The Federal Crop Insurance Corporation published a correcting amendment to a rule that changes certain insurance provisions for crops like sunflower seed and dry pea. Originally, the amendments were published on November 30, 2020, but some changes were not properly included in the official regulations. This document fixes those errors by correcting dates, removing a repetitive word, and updating phrases within the insurance provisions. The changes to the regulation are effective starting February 24, 2021.

    Simple Explanation

    The government needed to fix some mistakes they made in the rules about insurance for certain crops like sunflower seeds and dry peas, so they updated these rules to make sure everything is correct starting February 2021.

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