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ISDA Recommendations to Simplify EU Regulation

The International Swaps and Derivatives Association (ISDA) has submitted a paper to the European Commission with eight recommendations to simplify EU derivatives regulation. The proposals aim to reduce operational complexity and compliance costs while maintaining high regulatory standards and enhancing the EU's attractiveness for derivatives activity.

ISDA: Safe, Efficient Markets for SFTs

The International Swaps and Derivatives Association (ISDA) has published a paper outlining structural and regulatory drivers impacting Securities Financing Transactions (SFTs). The paper identifies advocacy priorities to support resilient SFT markets and addresses differences in frameworks for SFTs and derivatives.

Basel Committee Analysis of Synthetic Risk Transfers

The Basel Committee on Banking Supervision has published a report analyzing Synthetic Risk Transfer (SRT) transactions, which allow banks to transfer credit risk to counterparties. The report notes the rapid growth of SRT markets, with protected assets averaging 1.1% of total bank assets globally.

Non-Maturity Deposit Stability and Depositor Outflows Literature Review

The Bank for International Settlements (BIS) published a working paper reviewing literature on non-maturity deposit stability and depositor outflows. The paper examines whether recent banking turmoil indicates changes in deposit behavior due to technological, competitive, or regulatory shifts, concluding that while changes may have affected stability, traditional factors remain significant drivers.

FATF Plenary: Asset Recovery Guidance Approved

The Financial Action Task Force (FATF) Plenary has approved new guidance on asset recovery, aimed at depriving criminals of their illicit gains. This guidance provides updated recommendations and best practices for member countries to enhance their efforts in tracing, freezing, and confiscating criminal assets.

EDQM Publishes 22nd Edition of the Blood Guide

The European Directorate for the Quality of Medicines & HealthCare (EDQM) has published the 22nd edition of its Blood Guide. This updated guide includes revisions to haemovigilance, new chapters on topical blood components and emergency planning, and updated donor selection criteria.

Florida Tax Information Publications for 2025

The Florida Department of Revenue has published its 2025 Tax Information Publications (TIPs), detailing updates on various tax matters including interest rates, fuel tax adjustments, and corporate income tax. These publications provide specific guidance on tax issues that may affect taxpayers.

Florida Tax Information Publications Archive - 1998

The Florida Department of Revenue has archived its Tax Information Publications (TIPs) for 1998. These documents provide historical guidance on specific tax issues, some of which may no longer be applicable. Taxpayers are advised to review TIPs to determine current relevance.

Illinois Service Occupation Tax Changes for Servicepersons and Marketplace Facilitators

The Illinois Department of Revenue has issued guidance detailing changes to the Service Occupation Tax effective January 1, 2026. The bulletin clarifies that the 200-transaction threshold will be removed for out-of-state servicepersons and marketplace facilitators, and introduces destination-based sourcing for certain sales of service. These changes are outlined in Public Act 104-0006.

Illinois Film Production Withholding Tax Changes

The Illinois Department of Revenue has issued guidance clarifying changes to film production withholding income tax requirements. Beginning December 12, 2025, both production companies and loan-out companies have specific responsibilities for withholding, reporting, and remitting Illinois income tax on compensation for services performed in the state.