In this Q&A session with Ben Saul regarding the Consumer Financial Protection Bureau, we discuss the status of Rohit Chopra's nomination to CFPB director, recent CFPB actions, areas of CFPB focus and managing CFPB risk.
With a new administration in place, new legislation, and ever-changing considerations of a pandemic-era workplace, employers may find their heads spinning with where to focus and how to build priorities. Here are some of the top areas requiring additional thought and focus.
The U.S. Department of Homeland Security has formally removed the rule that would have redefined the H-1B specialty occupations. The rule was also set to restrict the off-site replacement of H-1B employees and increase employer compliance requirements.
On May 26, FDA published a constituent update informing the public that it has issued warning letters to five companies for marketing dietary supplements that claim to cure, treat, mitigate, or prevent infertility and other reproductive health conditions.
Recently FinCEN provided guidance regarding current enforcement of Bank Secrecy Act’s reporting requirements with regard to virtual currency held offshore but it also signaled intent to impose additional reporting requirements in the future, including FBAR reqiirements.