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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 that have not yet held their 2020 annual meetings due to the ongoing COVID-19 public health emergency and to clarify the Division’s expectations for 2021 annual meetings. The guidance released on January 21, ....
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 industry, the Operations Over People and at Night Rule has particular significance, offering many benefits. The Remote ID Rule requires all UAS, whether flown for recreational or commercial purposes, to broadcast identification, location, and performance information. This can be achieved by using either a UAS with built-in capabilities, or one to which a remote-identification-broadcast module may attach. (Or, if operating a UAS without Remote ID, the device may be used only at s ....
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 estate development and construction industry, the Operations Over People and at Night Rule has particular significance, offering many benefits. The Remote ID Rule requires all UAS, whether flown for recreational or commercial purposes, to broadcast identification, location, and performance information. This can be achieved by using either a UAS with built-in capabilities, or one to which a remote-identification-broadcast module may attach. (Or, if operating a UAS without R ....
Friday, January 15, 2021 On Nov. 20, 2020, the Department of Health and Human Services (HHS) Office of Inspector General (OIG) and the Centers for Medicare and Medicaid Services (CMS) issued two final rules, which implement changes to the Anti-Kickback Statute (AKS) and Physician Self-Referral Law (Stark Law) regulations (respectively the OIG Final Rule and the CMS Final Rule, collectively the Final Rules). [1] This alert is a part of the Dinsmore Health Care practice group’s ongoing summary of the Final Rules. In an attempt to transform the health care system into “one that pays for value,” the Final Rules provide new exceptions and safe harbors for value-based arrangements. The Final Rules are intended to allow more flexibility and additional avenues for health care providers to structure value-based arrangements. Existing value-based arrangements that are already in compliance with a Stark exception or AKS safe harbor are not required to use one of ....
On Jan. 12, due to COVID-19 concerns the 66th Wyoming Legislature convened at noon, for a one-day virtual session to fulfill the requirements of the Wyoming Constitution. According to Sen. Dave Kinskey approximately 50 bills ....