1. Home
  2. |Insights
  3. |OMB Expands FAPIIS to Cover Grants and Cooperative Agreements

OMB Expands FAPIIS to Cover Grants and Cooperative Agreements

Client Alert | less than 1 min read | 07.28.15

On July 22, 2015, OMB issued final guidance that – effective January 1, 2016 – expands the Federal Awardee Performance and Integrity Information System (FAPIIS) to cover federal grants and cooperative agreements. Applicants and recipients will have to disclose significant information about civil, criminal, and administrative proceedings that occurred in connection with the award or performance of a federal grant, cooperative agreement, or contract; for their part, agencies must consider information in FAPIIS prior to award as part of the analysis of the applicant's integrity and performance history.


Insights

Client Alert | 11 min read | 12.15.25

New York LLC Transparency Act: Key Requirements and Deadlines

On January 1, 2026 (“Effective Date”), the New York LLC Transparency Act ("New York Act”) is scheduled to take effect, introducing new disclosure requirements for limited liability companies (“LLCs”) formed or registered to do business in New York State.  The New York Act is expected to impose the type of broad beneficial ownership requirements the federal CTA and rules implementing it was designed to require, before the federal government’s decision to limit the scope of the CTA’s beneficial ownership reporting requirements to foreign companies and foreign beneficial owners....