News & Analysis as of

Validation and Re-Validation Requirements

Fox Rothschild LLP

CMS Extends Deadline for All Skilled Nursing Facilities to Complete Required Off-Cycle Revalidation

Fox Rothschild LLP on

Update: The Centers for Medicare & Medicaid Services has extended the deadline for skilled nursing facilities to submit information for the required off-cycle revalidation to May 1, 2025, regardless of when the facility...more

Baker Botts L.L.P.

CFTC Approves Guidance on Voluntary Carbon Credit Derivative Listings

Baker Botts L.L.P. on

On September 20, 2024, in a 4-1 vote, the Commodity Futures Trading Commission (“CFTC” or “Commission”) approved final guidance for derivatives exchanges concerning the listing of voluntary carbon credit (“VCC”) derivative...more

McGlinchey Stafford

Legislation: Cryptocurrency Staking Rewards Taxed at Time of Sale

McGlinchey Stafford on

Proposed federal legislation would move the time of taxation for rewards received from staking cryptocurrency and other digital assets to the time of sale. IRS guidance currently provides that staking rewards are taxed at the...more

Mintz - Energy & Sustainability Viewpoints

NERC Submits Work Plan for New Reliability Requirements to Apply to Inverter-Based Resources

On January 17, 2024, the North American Electric Reliability Corporation (“NERC”)[1] submitted an informational filing[2] to the Federal Energy Regulatory Commission (“FERC”) providing NERC’s plan (the “Work Plan”) to develop...more

Health Care Compliance Association (HCCA)

In This Month’s E-News: September 2023

A criminology professor at Florida State University (FSU), dogged by accusations of research misconduct and the subject of multiple probes, was terminated last month, according to a letter published by Retraction Watch. Hired...more

Cadwalader, Wickersham & Taft LLP

IRS Holds That Crypto Staking Rewards are Taxable Income

The Internal Revenue Service (“IRS”) recently issued guidance in Revenue Ruling 2023-14, holding that taxpayers who stake their cryptocurrency and receive additional units of cryptocurrency as rewards when validation occurs...more

Foley & Lardner LLP

NIST’s AI Risk Management Framework Helps Businesses Address AI Risk

Foley & Lardner LLP on

As we previously discussed, earlier this year the National Institute of Standards and Technology (NIST) launched the Trustworthy and Responsible AI Resource Center. Included in the AI Resource Center is NIST’s AI Risk...more

Morrison & Foerster LLP - Government...

SAM.gov Is Changing – Make Sure You’re Keeping Up

The System for Award Management website (SAM.gov) recently changed its registration and update process, and the feedback we’ve heard from clients is that it is slow – even for entities that are simply renewing an existing...more

Cozen O'Connor

CBP Proposes Changes to APIS System to Strengthen Aviation Security

Cozen O'Connor on

On February 2, 2023, the U.S. Customs and Border Protection (CBP) issued a Notice of Proposed Rulemaking (NPRM) designed to strengthen international air travel security by enhancing information that commercial aircraft...more

King & Spalding

FDA’s Draft Computer Software Assurance Guidance Changes the Game for Quality System and Production Software Validation

King & Spalding on

On September 13, 2022 the Center for Devices and Radiological Health (CDRH) and the Center for Biologics Evaluation and Research (CBER) jointly released a new draft guidance document titled “Computer Software Assurance for...more

Fox Rothschild LLP

FDCPA to be Amended Effective November 30, 2021 by New Regulation F

Fox Rothschild LLP on

Effective November 30, 3031, the Consumer Financial Protection Bureau (CFPB) will enact Regulation F to 12 C.F.R. 1006, which will be the first comprehensive federal debt collection regulations interpreting the Fair Debt...more

Smith Debnam Narron Drake Saintsing & Myers,...

Picking Apart the Validation Notice Requirements Under the Debt Collection Rule

While it remains to be seen what, if any, changes a change in leadership in the CFPB will bring to the Debt Collection Rule, for now collection agencies should begin readying themselves for a November 30th effective date. Now...more

Hudson Cook, LLP

New NACHA Account Validation Requirement Will Make It More Difficult For You To Accept Electronic Payments From Your Website

Hudson Cook, LLP on

Back in the 1980s, President Reagan popularized an English translation of the Russian proverb "Doveryai, no proveryai" - trust, but verify. Years later, former Secretary of State John Kerry put a more modern spin on things:...more

White & Case LLP

Publication of relevant energy judicial criteria (Jurisdiction for COS validation and challenge of CRE and CNH acts)

White & Case LLP on

The Federal Judicial Branch published on August 14, 2020, on the Weekly Federal Judiciary, certain jurisprudence criteria related to the energy sector. In particular, the criteria relates to the jurisdiction of the District...more

Hinshaw & Culbertson - Consumer Crossroads

Validating Cyber Compliance in Light of the First DFS Enforcement Action

We recently reported on the New York State Department of Financial Services' (DFS) first enforcement action under its 2017 cybersecurity regulation ("Part 500"), which prescribes how financial services companies licensed to...more

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