Vol. 1 · No. 68Monday, August 8, 2022

Small business rule changes: 3 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Monday, August 8, 2022. Scanned 3 source documents matching small-business terms; 3 warranted a closer look.

Small Business Administration· Rule

Regulatory Reform Initiative: Streamlining Surety Bond Guarantee Program

effective in 30d

SUMMARY: This final rule revises various regulations related to SBA's Surety Bond Guarantee (SBG) program because they are obsolete, unnecessary, ineffective, or burdensome. Additionally, this final rule clarifies and modernizes certain regulations and conforms them to industry standards.

Owner check — SBA action: confirm whether financing, disaster assistance, eligibility, or SBIC exposure changes for your business.

Federal Communications Commission· Notice

Information Collection Being Reviewed by the Federal Communications Commission

SUMMARY: As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act (PRA) of 1995, the Federal Communications Commission (FCC or the Commission) invites the general public and other Federal agencies to take this opportunity to comment on the following information…

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

Department of the Treasury· Notice

Notice of OFAC Sanctions Actions

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons or property that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria…

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.