OFAC amended a general license authorizing certain activities involving the Government of Venezuela.
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FinCEN issued updated guidance and clarifications to encourage disbursal of funds under the Coronavirus Aid, Relief and Economic Security Act.
The Basel Committee on Bank Supervision and IOSCO deferred the final implementation phases of initial margin requirements for uncleared derivatives.
SEC Chief Accountant Sagar Teotia identified several areas of accounting and financial reporting that will require "significant judgments and estimates" due to the evolving status of the COVID-19 pandemic.
The FDIC highlighted relief now available for small businesses under the Coronavirus Aid, Relief and Economic Security Act.