Regulatory Compliance Calendar

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Comment Period: Use of an Electronic Medium To Make Participant Elections and Spousal Consents

March 30, 2023

AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking and notice of public hearing. SUMMARY: This document sets forth a proposed regulation relating to the use of an electronic medium for participant elections and spousal consents. The proposed regulation provides an alternative to in-person witnessing of spousal consents required to be witnessed by…

Live Membership Demo 03-30-2023

March 30, 2023

Join us for a live demonstration of the benefits of membership with Compliance Alliance. This interactive virtual tour will provide an in-depth look at each of our tool types and resource categories, as well as an overview of all of C/A’s additional services.  This meeting is presented by our Membership team, and will last about an…

Effective Date: Adjustable Rate Mortgages: Transitioning From LIBOR to Alternate Indices

March 31, 2023

Category: Regulatory News

AGENCY: Office of Housing, U.S. Department of Housing and Urban Development (HUD). ACTION: Final rule. SUMMARY: HUD is removing the London Interbank Offered Rate (LIBOR) as an approved index for adjustable interest rate mortgages (ARMs), and replacing LIBOR with the Secured Overnight Financing Rate (SOFR) as a Secretary-approved index for newly originated forward ARMs. HUD…

Comment Period: Indorsement and Payment of Checks Drawn on the United States Treasury

April 03, 2023

AGENCY: Bureau of the Fiscal Service, Treasury. ACTION: Notice of proposed rulemaking with request for comment. SUMMARY: The Bureau of the Fiscal Service (Fiscal Service) at the Department of the Treasury (Treasury) is proposing to amend its regulations governing the payment of checks drawn on the United States Treasury. Specifically, to prevent Treasury checks from…

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