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DoD Sets New CMMC Implementation Timeline

Department of Defense recently announced at a Cybersecurity Maturity Model Certification Day conference it expects to complete documentation to submit to the Office of Management and Budget OMB for the rulemaking process by July 2022,and interim final rules by March 2023.
Sara Friedman Cyber Certification Program Office Of Management Enterprise Mission Assurance Support Services Defense Industrial Cybersecurity Maturity Model Certification

Implementation Of The Current Expected Credit Losses Methodology For Allowances, Related Adjustments To The Tier 1/Tier 2 Capital Rule, And Conforming Amendments – InsuranceNewsNet

SUMMARY: The Farm Credit Administration is amending certain regulations to address changes in U.S. generally accepted accounting principles. These amendments modify FCA's capital and other regulations, including certain regulatory disclosure requirements. C. Overview of Changes to U.S. GAAP.
United States Jeremyr Edelstein Jennifer Cohn Ashley Waldron Bryan Leist Capital Markets Team

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Facts for Full or Partial Denial PPP Forgiveness Application

The SBA public data indicates that more than 98% of the total PPP loan value requested to be forgiven by borrowers has been forgiven by the SBA. However, over the past month, there has been an uptick in the number of forgiveness applications denied by the SBA.
Office Of Hearings Paycheck Protection Program Small Business Administration Interim Final Rules Final Loan Review Final Rule

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