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New Defense CAS Board Proposed in Senate Version of NDAA

Client Alert | less than 1 min read | 07.27.16

Section 811 of the Senate version of the 2017 National Defense Authorization Act proposes the creation of a new Defense Cost Accounting Standards (CAS) Board. The Administration has objected to this provision, which it believes “would result in unnecessary overlap and duplication with the functions of the existing Government-wide CAS Board and could result in contractors with both Defense and civilian contracts having to comply with two different standards for the same cost issue.”

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....