Vol. 1 · No. 165Wednesday, December 28, 2022

Small business rule changes: 3 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Wednesday, December 28, 2022. Scanned 3 source documents matching small-business terms; 3 warranted a closer look.

Department of the Treasury· Rule

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 8D and 40C

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 8D and 40C, which were previously made available on OFAC's website.

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

Small Business Administration· Notice

Convergent Capital Partners IV, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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

Small Business Administration· Notice

New Canaan Funding Mezzanine VII SBIC, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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