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February 18, 2021
To embed, copy and paste the code into your website or blog: On December 28, 2020, former President Trump signed the Consolidated Appropriations Act. Over 5,000 pages in length, the Act included revisions and additions to the Paycheck Protection Program (PPP). The new PPP will: (1) accept applications from eligible borrowers for PPP loans that did not receive a PPP loan under the earlier program—known as a "First Draw Loan"; (2) permit qualifying businesses that received a PPP loan under the ...
February 12, 2021
Thursday, February 11, 2021 One day after President Biden entered office, the White House issued a memorandum directing all agencies to review, and consider delaying, any rules that had been issued by the former administration but that were not yet effective. Following that directive, the U.S. Department of Labor (DOL) has proposed delaying the effective dates of the recently-issued Tip Regulations and Independent Contractor Final Rules. Under the proposal, the effective dates of thes...
February 4, 2021
“Full Financial Risk” A. Overview of Key Safe Harbors and Exceptions An important initial consideration is that there are multiple differing requirements between corresponding Stark Law exceptions and AKS safe harbors. Stakeholders must navigate the requirements under both regulatory regimes for arrangements that potentially implicate each law. Although a number of commenters sought a unified set of requirements between Stark Law and AKS requirements, CMS and OIG rejected this approach, not...
February 4, 2021
Legal Disclaimer You are responsible for reading, understanding and agreeing to the National Law Reviews (NLR’s) and the National Law Forum LLCs Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not b...
February 3, 2021
Tuesday, February 2, 2021 The Commodity Futures Trading Commission (CFTC) recently adopted final amendments to Part 190 of the CFTCs regulations (the "Final Rules"), governing bankruptcy proceedings with respect to commodity brokers. 1 The Final Rules represent the first comprehensive update to the CFTCs bankruptcy rules since the Part 190 rules were initially adopted in 1983. Approved unanimously, the Final Rules serve to modernize and revise the CFTCs regulations to reflect changes...
February 3, 2021
Background The Commodity Futures Trading Commission (CFTC) recently adopted final amendments to Part 190 of the CFTCs regulations (the "Final Rules"), governing bankruptcy proceedings with respect to commodity brokers. 1 The Final Rules represent the first comprehensive update to the CFTCs bankruptcy rules since the Part 190 rules were initially adopted in 1983. Approved unanimously, the Final Rules serve to modernize and revise the CFTCs regulations to reflect changes in the commodity brokerag...
February 2, 2021
Tuesday, February 2, 2021 On 2 December 2020, the U.S. Department of Health and Human Services’ (HHS) issued two Final Rules in conjunction with its “Regulatory Sprint to Coordinated Care,” which will markedly change the regulatory fraud and abuse landscape for “value-based” arrangements: (i) The HHS Office of the Inspector General (OIG) published a Final Rule that introduces new safe harbor protections under the federal Anti-Kickback Statute (AKS) for certain coordinated c...
January 28, 2021
Headlines FDIC and OCC Adopt Final Rules on the Role of Supervisory Guidance Data Breach Notice Requirements Proposed for Banks and Their Service Providers OCC Proposes New National Bank and Federal Thrift Rule for Investments in Premises Other Developments: Suspicious Activity Reporting, and Escrow Accounts 1. Updated Annual Meeting Guidance for Mutual Banks and Mutual Holding Companies The Massachusetts Division of Banks has issued new guidance to mutual banks and mutual holding companies tha...
January 26, 2021
As was recently reported in Robinson+Cole’s Data Privacy + Cybersecurity Insider, the Federal Aviation Administration (FAA) issued two Final Rules for unmanned aircraft systems (UAS), i.e ., drones: (1) requiring Remote Identification (Remote ID Rule), and (2) authorizing small UAS (weighing less than 55 pounds) to fly over people and at night under certain conditions (Operations Over People and at Night Rule). While both new Rules are relevant to the real estate development and construction...
January 25, 2021
Monday, January 25, 2021 As was recently reported in Robinson+Cole’s Data Privacy + Cybersecurity Insider, the Federal Aviation Administration (FAA) issued two Final Rules for unmanned aircraft systems (UAS), i.e ., drones: (1) requiring Remote Identification (Remote ID Rule), and (2) authorizing small UAS (weighing less than 55 pounds) to fly over people and at night under certain conditions (Operations Over People and at Night Rule). While both new Rules are relevant to the real...