Small Business Rule Changes — Wednesday, November 1, 2023

Vol. 1 · No. 377 — Wednesday, November 1, 2023

Small business rule changes: 2 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Wednesday, November 1, 2023. Scanned 2 source documents matching small-business terms; 2 warranted a closer look.

Compliance checklist How to read the Register

Small Business Administration· Notice

Administrative Declaration of a Disaster for the State of Tennessee

SUMMARY: This is a notice of an Administrative declaration of a disaster for the State of Tennessee dated 10/26/2023. Incident: Severe Storms and Straight-line Winds. Incident Period: 06/25/2023 through 06/26/2023.

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

Read full text →PDF

Department of the Treasury· Notice

Notice of OFAC Sanctions Action

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is revising the entry of a person that has been placed on OFAC's Specially Designated Nationals and Blocked Persons (SDN) List. All property and interests in property subject to U.S. jurisdiction of this person remain blocked, and…

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

Read full text →PDF