New regs for Wednesday: Catfish, banks, defense
Wednesday’s edition of the Federal Register contains new inspection requirements for serving catfish, capital requirements for certain banks, and reporting requirements for defense sales.
Here’s what is happening:
Catfish: The Food Safety and Inspection Service (FSIS) is moving forward with new regulations for catfish.
The inspection requirements would apply to food made from catfish before they are served to the public.
The rule goes into effect in 90 days.
Banks: The Federal Reserve is loosening some capital requirements for banks.
The Fed announced Tuesday it is delaying stress test requirements for medium-sized banks. It is also delaying the supplementary leverage ratio and removing tier 1 capital requirements for larger banks.
The changes go into effect Jan. 1, 2016.
Defense sales: The Department of Commerce is proposing new reporting requirements.
The Commerce Department’s Bureau of Industry and Security proposed Tuesday new reporting requirements to “offset agreements in connection with” defense sales.
The public has 60 days to comment.
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