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Client Alert: PCORI Fees Due by July 31, 2023!

Fraser

In Notice 2022-59 the Internal Revenue Service set forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2022, and before October 1, 2023. Code section 4375 imposes the fee on issuers of specified health insurance policies. per covered life. per covered life.

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Client Alert: Updated PCORI Fees Payable in 2022

Fraser

In Notice 2022-4 , the Internal Revenue Service set forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2021 and before October 1, 2022. Code section 4375 imposes the fee on issuers of specified health insurance policies. Deadline and How to Report.

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FTC Issues Annual ECOA Report To CFPB

Collection Industry News

On January 26, 2021, the FTC sent its annual letter to the CFPB reporting on the FTC’s activities related to the Equal Credit Opportunity Act (“ECOA”) and Regulation B. The Bureau leverages the FTC’s annual letter for its own Annual Report to Congress on ECOA. In May 2020, the defendants agreed to pay $1.5

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How to Get a Car Loan

Better Credit Blog

Regardless of where you apply, lenders will check your credit report and score to get a better idea of your ability to make repayments. Both models give you a rating somewhere between 300 and 850 points, based on the data on your credit report. Annual Credit Report.com lets you pull free reports from the three major credit bureaus.

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Even in a Crisis, the Best Collections Strategy Is to Avoid Collections

Fico Collections

IFRS 9 marked the latest in a long line of International Financial Reporting Standards. Under pre-2018 accounting regimes, defaults were only reported as they happened. Others opted for a tactical stop gap to meeting the regulatory demands of compliance, involving more manual checking and work during every reporting cycle.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On May 2, the White House published a blog post, titled “The DAME Tax: Making Cryptominers Pay for Cost They Impose on Others.” For more information about the White House’s blog post, click here. Department of the Treasury issued the 2023 De-Risking Strategy, as mandated by Congress in the Anti-Money Laundering Act of 2020.

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Coast to Coast: the State of Privacy and Compliance in 2023

True Accord

Disclaimer: The information provided in this blog post does not, and is not intended to, constitute legal advice. Protecting consumer privacy is not an unfamiliar concept in our industry and it’s something that should already be woven into our policies, procedures, and practices.