The Federal Reserve Board enhanced its examinations process for assessing the safety and soundness of community and regional state member banks.

A money services business agreed to settle potential civil liability for apparent violations of the Global Terrorism Sanctions Regulations.

FINRA staff provided interpretive guidance clarifying that a capital acquisition broker may, under certain conditions, accept equity securities issued by privately held companies as compensation for its services.

OFAC sanctioned Iran's largest petrochemical company holding company and its network of subsidiaries and agents for providing financial support to the engineering conglomerate of the Islamic Revolutionary Guard Corps.