New regs for Thursday: Ships, defense contractors, credit unions

Thursday’s edition of the Federal Register contains new rules for cargo ships carrying hazardous materials, cloud computing security requirements for defense contractors and regulatory relief measures for credit unions.

Here’s what is happening:

Ships: The Coast Guard is proposing new chemical regulations for cargo ships.

The ships will face new safe carriage requirements based on the pollution risk of the chemicals they’re carrying, such as liquid hazardous materials, liquefied gases and compressed gases.

The public has 90 days to comment.

The Cloud: The Department of Defense (DOD) is reexamining new cloud computing security requirements for contractors storing military information.

The DOD’s Defense Acquisition Regulations System announced in August it will require federal contractors to report cyber intrusions and network penetrations of unclassified information systems.

The DOD already has similar rules to report classified information breaches.

The interim reporting requirements went into effect immediately, but the DOD is now extending the comment period to give the public more time to discuss.

The public has until Nov. 20 to comment.

Financial: The National Credit Union Administration is proposing regulatory relief measures for federal credit unions.

Credit unions would enjoy greater access to bank notes under the proposed changes to maturity requirements for permissible investments.

The public has 30 days to comment.

ObamaCare: The Department of Health and Human Services is proposing new payment methods to states offering low-income health insurance under the Affordable Care Act.

The payment methods would cover 2017 and 2018.

The public has 30 days to comment.