News published on Federal Newswire in October 2018

News from October 2018


Federal agencies issue a joint statement on banks and credit unions sharing resources to improve efficiency and effectiveness of Bank Secrecy Act compliance

News Release: WASHINGTON--The federal depository institutions regulators and the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) today issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources ...


Federal Reserve Board seeks public comment on potential actions to facilitate real-time interbank settlement of faster payments

News Release: The Federal Reserve Board on Wednesday invited public comment on actions the Federal Reserve could take to support faster payments in the United States. The potential actions, which would facilitate real-time interbank settlement of faster payments, build on collaborative work with the payment industry through the Federal Reserve System's Strategies for Improving the U.S. Payment System (SIPS) initiative.


U.S. Department of Labor Investigation Results in Back Wages  And Damages for Workers at Pennsylvania Restaurants

News Release: ELKINS PARK, PA – The U.S. District Court for the Eastern District of Pennsylvania has ordered SM Choi Inc. – which operates four fast-food establishments in Elkins Park, Pennsylvania – to pay $93,146 in back wages and an equal amount in liquidated damages to 38 employees for willful violations of the Fair Labor Standards Act (FLSA). The Department also assessed the employer $26,121 in civil penalties.


U.S. Department of Labor Cites New Jersey Lumber Company  For Exposing Employees to Health Hazards

News Release: MEDFORD, NJ - The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited DuBell Lumber Company, of Medford, for exposing employees to combustible dust and other hazards. The company faces $106,432 in proposed penalties.


U.S. Department of Labor Cites U.S. Postal Service  For Repeat Safety Violations at Austin Facility

News Release: AUSTIN, TX – The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited the U.S. Postal Service (USPS) for safety hazards after receiving a complaint of unsafe working conditions at an Austin, Texas, facility. The company faces proposed penalties totaling $224,585.


Compliance Assistance for Association Health Plans  Now Available at Employer.gov

News Release: WASHINGTON, DC – The U.S. Department of Labor has added compliance assistance materials on Association Health Plans (AHPs) to its new Employer.gov website that will help job creators and plan sponsors understand their Employee Retirement Income Security Act of 1974 (ERISA) obligations when setting up and managing AHPs.


The US Transportation Department published a five page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US State Department published a one page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US State Department published a one page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US State Department published a one page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a one page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a three page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a three page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Transportation Department published a four page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Interior Department published a three page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Interior Department published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.


The US Labor Department published a two page notice on Oct. 3, according to the U.S. Government Publishing Office.