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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 | October 18, 2021
On October 19, federal OSHA announced that Arizona, Utah and South Carolina could lose their state-based authority to oversee workplace safety due to their failure to adopt by July 2, 2021 certain COVID-19 rules relating to healthcare facilities. These are three of the 22 federally-approved state OSHA programs which are required to follow at least federal regulations.
In making its threat, OSHA cites its June 2021 rule-making which requires the use of protective gear, face masks, social distancing, and other safety measures at healthcare facilities where COVID-19 positive patients are being treated. OSHA intends to publish a notice in the Federal Register announcing its proposal to revoke approval of the three states’ OSHA programs. There will be a 35-day period for comment before the proposal is finalized.
In response, Arizona Gov. Doug Ducey stated the move is "nothing short of a political stunt and desperate power grab,” noting further that the state “is actively engaged in a public input process, encouraging Arizonans from every corner of the state to participate, and now the Biden administration is attempting to silence input from citizens and stakeholders alike.”
It is expected that all three states will pursue injunctive relief in court should the federal proposal materialize.
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December has been a very busy month, with a flurry of new government policies and consultations.
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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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