Search Results for keywords:"governance improvement"

Found 2 results

Search Results: keywords:"governance improvement"

💰 Only
Oldest Newest
  • 2024-29037 — Self-Regulatory Organizations; ICE Clear Credit LLC; Order Granting Accelerated Approval of Proposed Rule Change Relating to the ICC Operational Risk Management Framework
    Type:Notice
    Citation:89 FR 99949
    Reading Time:about 26 minutes

    The Securities and Exchange Commission (SEC) approved a rule change proposed by ICE Clear Credit LLC (ICC) to revise its Operational Risk Management Framework (ORMF). This change enhances how ICC manages risks from partnerships with core service providers, including requiring evaluations of these relationships by senior management and ICC's Board. The updates align ICC with regulatory requirements, helping ensure clear responsibilities and improving the governance and risk management of operations associated with clearing securities transactions. The approval was granted on an accelerated basis to meet the compliance date of December 5, 2024.

    Simple Explanation

    The SEC said it's okay for a company called ICE Clear Credit to change how it keeps things safe and well-organized with their work partners. They want to make sure people in charge check on these relationships to keep everything fair and square.

  • 2025-06180 — Federal Management Regulation; Federal Advisory Committee Management; Planned Revision
    Type:Proposed Rule
    Citation:90 FR 15945
    Reading Time:about a minute or two

    The General Services Administration (GSA) plans to finalize changes to the Federal Management Regulation concerning Federal Advisory Committee Management. This revision aims to make the regulation align with new presidential executive orders to streamline governance, enhance management policies, and reduce unnecessary bureaucracy. The final rule, based on updates announced on April 18, 2024, will follow new directives issued in 2025. Interested individuals can view the related documents online or contact Lorelei Kowalski for more information.

    Simple Explanation

    The government is planning to change some rules about how certain committees give advice to them, trying to make things work better and faster, but they haven't said exactly what will change or how it might cost more money.