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Food Safety Modernization Act Banks

The Food Safety Modernization Act is a United States federal statute enacted in 2011 to ensure the safety of the U.S. food supply and prevent food contamination. The main features of the FSMA include expanding... more +
The Food Safety Modernization Act is a United States federal statute enacted in 2011 to ensure the safety of the U.S. food supply and prevent food contamination. The main features of the FSMA include expanding the FDA's inspection of food processing facilities and imported food products, requiring all food processors, manufactures and handlers to register with HHS and maintain food safety records, and shifting the government's focus away from responding to food contamination and towards preventing food contamination.  less -
A&O Shearman

Financial Services and Markets Bill: Regulating central counterparties and central securities depositories

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The Financial Services and Markets Bill establishes a new framework for the Bank of England’s regulation of Financial Market Infrastructure (FMI) and in particular central counterparties (CCPs) and central securities...more

Proskauer Rose LLP

Regulation Round Up - July 2019

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1 July - The Financial Conduct Authority ("FCA") published a policy statement (PS19/19) setting out the final 2019/20 regulatory fees and levies. The European Insurance and Occupational Pensions Authority ("EIOPA")...more

A&O Shearman

Dutch Bonus Cap and Brexit

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Dutch Central Bank provides explanation on international holding exception and Dutch Minister of Finance comments on circumvention. On 3 March 2017, the Dutch Central Bank (De Nederlandsche Bank or DNB) published a Q&A...more

Proskauer Rose LLP

Regulation Round Up - February 2017

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The FCA and PRA announced changes to enforcement process with the aim of strengthening the transparency and effectiveness of enforcement decision-making processes. Some of the changes have already come into force, the rest...more

A&O Shearman

FCA sanctions bank and its MLRO for anti-money laundering systems failings

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In this decision report we review the FCA’s action against Sonali Bank (UK) Ltd (Sonali Bank) and its money laundering reporting officer (MLRO), Steven Smith, in connection with failings identified in relation to Sonali...more

Baker Donelson

OSHA Increases its Whistleblowing Regulating Powers, Extending its Reach to Financial Institutions

Baker Donelson on

While the Occupational Safety and Health Administration agency ("OSHA") may be more known for its worker safety programs, the agency also enforces the whistleblower provisions of the OSHA Act and twenty-one other statutes....more

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