Crackdown On Contractors With Tax Delinquencies
Client Alert | less than 1 min read | 01.27.10
On January 20, 2010, President Obama issued a memorandum directing OMB to evaluate practices of contracting officers and debarring officials in response to contractors' certifications regarding serious tax delinquencies and to provide him, within 90 days, recommendations to ensure that contractors with any such delinquencies are not awarded new federal contracts. Additionally, the President directed the Commissioner of Internal Revenue to conduct a review of the accuracy of contractors' certifications of non-delinquency that companies bidding for federal contracts must submit.
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Client Alert | 7 min read | 09.02.26
OCC and FDIC Redefine “Unsafe or Unsound Practices”: The New Supervisory Framework for Banks
On August 27, 2026, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) jointly issued a final rule that, for the first time, gives the term “unsafe or unsound practice” a binding regulatory definition.[1] With it came a uniform standard for Matters Requiring Attention (MRAs) and revised OCC examination manuals.[2]The Federal Reserve did not join the rulemaking, but has adopted comparable standards through guidance. What that means for holding companies and state-chartered institutions is addressed below.[3] The regulation takes effect November 2, 2026, and the revised OCC examination manuals took effect upon their issuance on August 27.
Client Alert | 4 min read | 09.02.26
The CSC Is Investigating: What Its New NIL Enforcement Memo Means for Institutions
Client Alert | 4 min read | 08.27.26
FCC Clarifies Covered List for Power Inverters and Advanced Robotic Devices
Client Alert | 4 min read | 08.27.26
Power Play: New Executive Order Targets Electrical Grid Equipment
