Wrongful Trading Under IRDA 2018 - Parliamentary Response

Singapore Ministry of Law responded to parliamentary questions regarding wrongful trading enforcement under the Insolvency, Restructuring and Dissolution Act 2018. The Ministry clarified that investigations fall under the Official Receiver's purview, not ACRA. In the past three years, no suspected wrongful trading cases were reported to the Official Receiver. The response outlines both criminal penalties (fine up to $10,000, imprisonment up to 3 years, or both) and civil remedies available to creditors and insolvency officeholders.

Charges Against Residential Care Facility Administrator for Neglect Resulting in Deaths

South Carolina Attorney General Alan Wilson announced criminal charges against Wilhelmina C. Rellora, 76, administrator of Park Circle Home, a Community Residential Care Facility in North Charleston. Rellora faces two counts of Abuse or Neglect of a Vulnerable Adult Resulting in Death and one count of Abuse or Neglect of a Vulnerable Adult Resulting in Great Bodily Injury under S.C. Code § 43-35-85(F). The charges stem from alleged failures to provide necessary care that resulted in the deaths of two residents and great bodily injury to a third resident.

Attorney General Alan Wilson Joins 32-State Brief Protecting Children from Social Media Harms

South Carolina Attorney General Alan Wilson joined a 32-state amicus brief defending Louisiana's law that protects children from addictive social media harms. The brief was filed in the D.C. Circuit in Murrill v. NetChoice and argues states have authority to protect minors from online dangers without violating First Amendment rights. Platforms reportedly earn $11 billion annually from ads directed at children, including nearly $2 billion from users aged 12 and under.

Williamsburg man arrested on child sexual abuse material charges

South Carolina Attorney General Alan Wilson announced the arrest of Steven Lee Hewitt, Sr., 55, of Williamsburg, on eight counts of sexual exploitation of a minor, second degree (§16-15-405). The arrest was made on April 3, 2026, by ICAC Task Force investigators following a CyberTipline report from the National Center for Missing and Exploited Children (NCMEC). Hewitt has a prior conviction for similar charges in 2022.

AG Wins Appeals Court Ruling Against HUD Over Housing Assistance Restrictions

The Maine Attorney General announced a First Circuit appeals court victory upholding a preliminary injunction against HUD's attempted restrictions on Continuum of Care program funding. The court rejected HUD's request to allow the restrictions to take effect, preserving federal homelessness assistance funding for tens of thousands of Americans. HUD had attempted to dramatically reduce grant funds for permanent housing and impose unlawful conditions on access to funding.

Idaho Power Applies for Natural Gas Power Plant Certificates

Idaho Power submitted an application to the Idaho Public Utilities Commission seeking certificates of public convenience and necessity for two natural gas-fueled power plants in Idaho. The South Hills Power Plant in Twin Falls County would provide 222 megawatts with commercial operation targeted for June 1, 2029, while the Peregrine Power Plant in Elmore County would provide 430 megawatts with commercial operation targeted for June 1, 2030. The utility states the plants are needed to offset growing capacity deficits and represent the least-cost, least-risk options.

Federal Register Volume 91 Number 67

NARA published Federal Register Volume 91 Number 67, compiling federal regulatory notices, proposed rules, and final rules from multiple agencies published on April 8, 2026. This daily compilation serves as the official public record of federal regulatory activity.

Statement on Proposal to Implement the BSA Program Rule

FDIC Chairman Travis Hill delivered a statement at the April 7, 2026 Board meeting describing a proposal to implement the BSA Program Rule under the 2021 Anti-Money Laundering Act. The proposal would establish a risk-based supervisory approach, allowing banks to allocate resources toward high-risk activities and away from low-risk compliance exercises. Banks could rely on Treasury's National Priorities for risk assessments, while regulators would retain authority to act against serious violations such as drug cartel cash deposits or terrorist financing.

Statement on GENIUS Act Stablecoin Implementation Proposal

FDIC Chairman Travis Hill announced the FDIC Board's consideration of a proposed rule to implement the GENIUS Act, establishing prudential requirements for payment stablecoin issuers that are subsidiaries of FDIC-supervised banks. The proposal covers reserve assets, redemptions, permissible activities, capital requirements, pass-through insurance, and the prohibition on yield. The FDIC seeks comment through 144 specific questions, including on tokenized deposit treatment.

Statement on Final Rule Removing Reputational Risk from Supervisory Program

FDIC Chairman Travis Hill issued a statement announcing a final rule that eliminates "reputational risk" from the FDIC's bank supervisory program. The rule codifies the removal of supervisory focus on reputation risk as a standalone risk category, effective April 7, 2026. The change addresses concerns that unfocused attention to reputation risk could lead to pressure on banks to debank law-abiding customers.