Search Results for keywords:"risk assessment"

ICE Clear Credit LLC (ICC) proposed a rule change to improve their risk management practices. The updates, which require approval from the Securities and Exchange Commission, focus on automating daily parameter updates for credit default swap risk factors and enhancing documentation. ICC believes these changes will enhance risk management by ensuring more accurate margin calculations and improving clarity in their risk assessment methods. Public comments on the proposal are being solicited until April 10, 2025.

The Environmental Protection Agency (EPA) is updating regulations under the Toxic Substances Control Act (TSCA) to improve the review process for new chemicals. These changes match the Frank R. Lautenberg Chemical Safety Act updates from 2016, aiming to make the process more efficient and clear. Significant adjustments include requiring more detailed information from those submitting new chemical notices, extending requirements for exceptions known as "low volume" and "low release and exposure" to certain chemicals, and ensuring all per- and polyfluoroalkyl substances (PFAS) go through a full review. The modifications seek to enhance EPA's ability to assess and manage chemical risks to health and the environment.

The Environmental Protection Agency (EPA) has issued a notice regarding the amendment of a previous cancellation order for two pesticide registrations, specifically for triadimefon. Initially, the cancellation was announced on March 19, 2019, but due to delays in shipments caused by quarantine measures, the effective date of cancellation has been extended to February 28, 2020. This extension allows the sale and use of existing stocks for an additional year, as no significant risks have been identified. This change was requested by Bayer and accepted by the EPA, ensuring that these products can remain available for a limited time longer without posing significant risks.

The Executive Order 13981, issued by President Donald J. Trump, focuses on protecting the United States from security risks associated with Unmanned Aircraft Systems (UAS) made by foreign adversaries. The order outlines steps to prevent the use of taxpayer money for buying UAS that present security threats, calls for assessments of current government UAS use, and encourages prioritizing domestically produced UAS. It defines "covered UAS" as those manufactured or containing components from nations like China, Russia, Iran, and North Korea and emphasizes examining how these systems are used by federal agencies. The order also directs agencies to consider replacing these UAS in future budgets.

The Environmental Protection Agency (EPA) has issued a final rule establishing tolerances for residues of the pesticide emamectin benzoate on tea commodities. These tolerances were requested by Syngenta Crop Protection, LLC under the Federal Food, Drug, and Cosmetic Act. The tolerances for dried and instant tea are set at 0.5 parts per million (ppm) to align with Japanese standards. The rule ensures that the level of pesticide residue in tea is safe for the general population, including infants and children.

The Environmental Protection Agency (EPA) has given approval, with specific conditions, for a small-scale road pilot project using phosphogypsum, which is a byproduct of phosphate production, on private land in Florida. This approval was given after a thorough risk assessment to ensure the project is as protective of public health as keeping phosphogypsum in a safe storage stack. The project, proposed by Mosaic Fertilizer, LLC, involves building a test road to study the potential use of phosphogypsum in road construction. Public comments raised several concerns, but the EPA maintained its decision based on the risk assessments, confirming it meets current health safety standards.

The Environmental Protection Agency (EPA) has released a draft risk assessment regarding the presence of harmful chemicals, PFOA and PFOS, in sewage sludge for public comment. This risk assessment examines the potential risks to human health and the environment when the sludge is used as a soil conditioner, disposed of on the surface, or incinerated. The EPA highlights concerns for those living near these sites and using the products grown or raised there. The public can submit comments until March 17, 2025, which will help the EPA finalize the risk assessment and consider potential regulatory actions.

The Environmental Protection Agency (EPA) is proposing new rules under the Toxic Substances Control Act (TSCA) for certain chemical substances previously submitted for premanufacture notices. These rules, known as Significant New Use Rules (SNURs), will require any person planning to manufacture or process these chemicals in a way that has been identified as a significant new use to notify the EPA at least 90 days before starting. This allows the EPA to assess the potential risks and decide on any necessary actions before the activity begins. Additionally, the chemicals must not be manufactured or processed for these new uses until they receive EPA approval.

The Environmental Protection Agency (EPA) has extended the comment period for a draft risk assessment concerning Perfluorooctanoic Acid (PFOA) and Perfluorooctane Sulfonic Acid (PFOS) in sewage sludge. Initially published on January 15, 2025, the public now has until August 14, 2025, to submit their comments. This extension grants additional time for stakeholders to review the document, which evaluates potential health and environmental risks related to the use and disposal of sewage sludge. The assessment aims to inform potential future regulations under the Clean Water Act.

The Federal Railroad Administration (FRA), part of the Department of Transportation, announced an update to the Nationwide Significant Risk Threshold (NSRT), which is related to the use of locomotive horns at public highway-rail grade crossings. This action helps communities establish quiet zones by providing a standard to assess risks when train horns are not routinely sounded. The NSRT has been increased from 13,811 to 15,488 based on recent collision data. This adjustment aims to ensure safety while allowing communities to manage noise levels effectively.