The timeline revisions include the postponement of the opening of the FATCA registration portal until August 19, 2013 (instead of the previously projected July 15, 2013 date).
A brief reprieve for ‘pay or play’ compliance under the Affordable Care Act
A word of caution: Although applicable large employers will not be assessed a penalty in 2014, they should use the transitional period wisely and plan for compliance in 2015. The delay in enforcement does not alter any other ACA deadlines or rules and does not signal a potential repeal of the ACA.
Implementation of DOMA Supreme Court ruling in process
The U.S. Citizenship and Immigration Services has issued Frequently Asked Questions regarding the implementation of the recent DOMA Supreme Court ruling vis-a-vis immigration issues.
Federal Reserve Board approves Basel III accord; community banks spared (for now)
On July 2, 2013, the Federal Reserve Board (FRB) approved sweeping new capital standards for the nation’s biggest banks, implementing the Basel III regulatory capital reforms from the Basel Committee on Banking Supervision and certain changes required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Final Rule).
Gunster congratulates its Technology & Entrepreneurial Companies practice attorneys
Gunster congratulates its Technology & Entrepreneurial Companies attorneys. Their accomplishments in the past 12 months include:
New guidelines amend Truth in Lending Act
The Consumer Financial Protection Bureau has released compliance guides on loan origination and mortgage servicing.
Full implications for Floridians remain to be seen in Supreme Court’s Koontz decision
While on the national level Koontz closed troublesome loopholes for regulatory overreaching, its full implications for Floridians, particularly the long-suffering Koontz family, remain to be seen.
Why Nasdaq’s $10M fine hurts tech; XBRL may be here to stay … Securities Edge June 2013 wrap-up
Here is your recap of important topics we covered last month. Did you miss them? Sign up now to receive future blog posts by email as soon as each is published.
Historic week for U.S. immigration
On June 26, the Supreme Court issued its decision in United States vs. Windsor, holding that certain provisions of the Defense of Marriage Act (DOMA) are unconstitutional. DOMA denied thousands of legally married same-sex couples many important federal benefits, including immigration benefits. In addition, On June 27, the U.S. Senate voted 68-32 in favor of final passage of Senate Bill 744 entitled the “Border Security, Economic Opportunity, and Immigration Modernization Act of 2013,” moving the United States one step closer to Comprehensive Immigration Reform.
Water quality credit trading: A new opportunity for Florida’s businesses and the environment
Credit trading provides opportunities to landowners, agricultural interests, industrial interests, public utilities and local governments to lower costs through a mutually beneficial credit trade and to improve water quality in their watershed.