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Call for US trade associations to lobby Congress on LEIs


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Call for US trade associations to lobby Congress on LEIs
11 May 2021
Source: Financial InterGroup
In this year s upcoming congressional session, the House will be reintroducing the Financial Transparency Act (FTA).
The FTA will amend financial services laws to make data reported to financial regulators electronically searchable and to further enable the development of RegTech and Artificial Intelligence applications.
The legislation is intended to put the United States on a path towards a comprehensive, standardized and harmonized reporting framework to reduce the private sector s regulatory compliance burden, while enhancing transparency and accountability. The ACT, in last year s introduction in the House called for a standard legal entity identifier, yet fail ....

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FCW Insider: May 6, 2021 -- FCW


Biden administration officials announced on Tuesday that payback requirements will be relaxed for some projects funded by the recent $1 billion addition to the Technology Modernization Fund. Administrators want urgently needed upgrades that help respond to the pandemic or improve the cybersecurity of federal agencies.
Quick Hits
President Joe Biden praised civil servants on Wednesday during a virtual event hosted by the
Partnership for Public Service to recognize finalists for the Sammies – the annual Samuel J. Heyman Service to America medal given in recognition of exceptional civil servants and their accomplishments.
Every day, hundreds of thousands of public servants and their families are reminding us that our government isn t some foreign force in the distant capital, Biden said. These awards aren t just the Oscars of public service, they re a reminder that public service is a noble, impactful profession. And I hope that it’ll encourage more y ....

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Sudan's Military Companies Go Civilian: How the Recent Divestment Agreement Can Succeed - Carnegie Middle East Center


Sudan’s political transition marked a significant milestone on March 17, 2021, when its interim authorities agreed to transfer military-owned commercial companies to the control of civilian-headed government ministries. This was remarkable in a country dominated by the armed forces almost uninterruptedly since the late 1950s, all the more so as the issue of divestment had been a bone of public civil-military contention for a cash-strapped government over the preceding year.
While the agreement is an encouraging first step, comparable experiences worldwide underline that military divestment may be partial and incomplete even when civilian authorities are in clear command. Sudan’s contested political arena and fragmentary security landscape point to far more intricate negotiations ahead and an even less assured outcome. Indeed, the agreement contained little, if any, detail on how and when restructuring will actually take place, suggesting that some of the more difficult iss ....

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