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Real Estate Focus - December 2024
December has been a very busy month, with a flurry of new government policies and consultations.
United States | Publication | July 2022
The US Occupational Safety and Health Administration (OSHA) announced on June 30, 2022, that it is extending its Revised National Emphasis Program for COVID-19 (NEP) until further notice. This occurs as OSHA continues to work on a permanent COVID healthcare standard.
Originally launched in March 2021, the NEP focuses enforcement efforts on companies that put the largest number of workers at "serious risk" of COVID infection. It also addresses employers who retaliate against workers who complain about unsafe or unhealthful conditions in the workplace.
OSHA also announced it is increasing its COVID-related inspection goal from five to 10 percent of total inspections. Citing the Centers for Disease Control and Prevention's reporting on increased national COVID hospitalization rates since April 2022, OSHA is prioritizing inspections at workplaces with higher exposure potential. These include hospitals, assisted living facilities, nursing homes, other healthcare and emergency response facilities and meat and poultry processing plants.
Since the onset of the pandemic in February 2020, OSHA has issued over 1,200 COVID-related citations and assessed penalties totaling US$7.2 million. OSHA has also pursued employers for claims of retaliation by over 400 workers who raised concerns about COVID, resulting in over US$5 million in monetary awards to the employees.
Publication
December has been a very busy month, with a flurry of new government policies and consultations.
Publication
On 13 December 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 53 (PMB 53) which includes confirmation of the final form of two new, and one amended, sponsor-related technical notes previously consulted on in PMB 50, and a consultation on various proposed changes to the technical and procedural notes in the FCA’s knowledge base.
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The Regulator has provided a link to its dashboard webinar held on November 26, 2024, which it urges scheme trustees to watch. The Money and Pensions Service also collaborated with the Pensions Dashboard Programme to host a “town hall” dashboard event on December 2, 2024.
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