US Regulatory FreezeCategories: Industry News, Regulatory Advisory Services, Regulatory Assurance Program Jan 30, 2017
In last week’s Federal Register, a memorandum announced a US regulatory freeze of all non-critical regulatory actions (including guidance documents, notices of proposed rule making, general statements of a regulatory nature, interpretation of existing regulations, and “any substantive action by any agency”) until such items are reviewed and approved by an appointee of President Trump.
This requires the withdrawal of items sent to the Office of the Federal Register but not yet published therein, and the postponement until at least March 21, 2017 of the effective date of any regulation not yet effective on January 20, 2017, but does not include regulations subject to statutory or judicial deadlines. Critical regulatory actions are to be identified, and the Office of Management and Budget will determine whether this is the case.
For further information, please read on here.
For assistance with understanding your U.S. regulatory obligations, contact the UL Regulatory team. We have global expertise ready to assist you!