The IRS provided XML file preparation instructions for adding multiple sponsored entities on the new FATCA Online Registration System. See: New FATCA Online Registration System: XML File Preparation Instructions for Adding Multiple Sponsored Entities Using a File Upload - Coming Late 2015; IRS Announcement of FATCA Online Registration System: Information for Adding Multiple Sponsored Entities Using a File Upload. See also: FATCA Foreign Financial Institution Registration Tool. Related news: IRS Provides Additional Guidance on Filing FATCA Report (June 11, 2015); IRS Updates FATCA Systems FAQ

In a comment letter to the SEC, the Investment Company Institute ("ICI") expressed general support for a number of SEC proposals to increase the public and regulatory reporting requirements imposed on SEC-registered investment companies. These proposals would require registered investment companies to engage in additional and more frequent reporting of portfolio holdings, allow funds to provide shareholder reports via websites and require investment advisers to provide the SEC with information about their separately managed account businesses. The ICI stated that much of the additional

FINRA issued the fifth in a six-part series of podcasts about its Regulatory and Examination Priorities for 2015. The podcast addressed the following financial and operational priorities: (i) funding and liquidity; (ii) sales of tax-exempt products; (iii) cybersecurity; and (iv) outsourcing. FINRA stated that it will examine these areas by: examining for integrity of mark-to-market in corporate, asset-backed and municipal-debt securities and looking at the supervisory controls surrounding the overall valuation process of funding and liquidity risk-management programs; examining for compliance

Bank of England Governor and Chair of the Financial Policy Committee ("FPC") Mark Carney called for greater regulatory authority in a letter responding to Chancellor of the Exchequer George Osborne's points on the Committee's primary and secondary objectives pursuant to the Bank of England Act of 1998. Chair Carney's recommendations were a response to Chancellor of the Exchequer George Osborne's recent restatement of the objectives for the FPC under the Bank of England Act of 1998. Chair Carney stated that the FPC "seeks to ensure the financial system has the resilience to withstand stress

The SEC announced that a former executive at a worldwide software manufacturer agreed to settle charges that he violated the Foreign Corrupt Practices Act ("FCPA") by bribing Panamanian government officials through an intermediary for the purpose of procuring software license sales. An SEC investigation found that a former vice president of global and strategic accounts for the software company orchestrated a scheme to pay $145,000 in bribes to one government official and promised to pay two others in order to obtain four contracts to sell the company's software to the Panamanian government