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2013 Interim Executive Compensation Rule Finalized

Client Alert | less than 1 min read | 06.06.14

On May 30, 2014, the government adopted as final, without change, the interim rule published on June 26, 2013, that expanded the Office of Federal Procurement Policy cap on executive compensation to all contractor personnel working on DoD, NASA, and Coast Guard contracts, pursuant to section 803 of the National Defense Authorization Act for FY12. The final rule rejected comments contesting the retroactive application of the expanded cap and made clear that it applies to compensation costs incurred starting on January 1, 2012, for contract awards on or after December 31, 2011.


Insights

Client Alert | 5 min read | 02.23.26

UK Government Seeks Evidence on Ownership and Control in Financial Sanctions Regulations

The UK’s Office of Financial Sanctions Implementation (OFSI) has launched a call for evidence concerning the "ownership and control" test within UK financial sanctions. The call for evidence, running until 11:59 p.m. on 13 April 2026, seeks stakeholder views on the challenges and implementation of the "control" limb, with particular focus on its hypothetical element....