Tag: SCP

Business Law & Regulations, Finance

The IRS Starts the Summer with a Splash: New Guidance for Self-Correction

May 30, 2023

Via: National Law Review

As discussed in an earlier blog post, the SECURE 2.0 Act of 2022 (the Act) expanded the Employee Plans Compliance Resolution System (EPCRS), a comprehensive IRS program for correcting common qualified retirement plan failures. Plan sponsors have three ways to […]

Business Law & Regulations, Finance

OFAC Releases New Detailed Guidance for the Digital Currency Industry

October 19, 2021

Via: LexBlog

On October 15, 2021, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) released guidance on sanctions compliance for the digital currency industry, the agency’s most detailed statement to date on its expectations for participants in this rapidly […]