Page 14 - February 2017 Regulatory Review
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04/19/2017. The notice may be viewed at:          management measures that the community is
                   https://www.gpo.gov/fdsys/pkg/FR-2017-01-         required either to adopt or to show evidence of
                   19/pdf/2017-01100.pdf. Federal Register, Vol.     having in effect in order to qualify or remain
                   81, No. 12, 01/12/2017, 6596-6597.                qualified for participation in the National Flood
                                                                     Insurance Program (NFIP). Comments are due
                  FEMA has requested comments on proposed           04/24/2017. The notice may be viewed at:
                   flood hazard determinations, which may include    https://www.gpo.gov/fdsys/pkg/FR-2017-01-
                   additions or modifications of any Base Flood      23/pdf/2017-01373.pdf. Federal Register, Vol.
                   Elevation (BFE), base flood depth, Special Flood   82, No. 13, 01/23/2017, 7848-7850.
                   Hazard Area (SFHA) boundary or zone
                   designation, or regulatory floodway on the Flood   FEMA Requests Comment on National
                   Insurance Rate Maps (FIRMs), and where         Flood Insurance Program Claims Forms.
                   applicable, in the supporting Flood Insurance
                   Study (FIS) reports for communities in the states   FEMA has issued a notice to announce it seeks
                   of Alaska, Iowa, and Minnesota. The FIRM and   comment on the information collection titled
                   FIS report are the basis of the floodplain     National Flood Insurance Program Claims Forms.
                   management measures that the community is      FEMA is also giving notice that it has sent the
                   required either to adopt or to show evidence of   collection to OMB for review. Comments are due
                   having in effect in order to qualify or remain   03/14/2017. The notice may be viewed at:
                   qualified for participation in the National Flood   https://www.gpo.gov/fdsys/pkg/FR-2017-01-
                   Insurance Program (NFIP). Comments are due     13/pdf/2017-00673.pdf. Federal Register, Vol. 82,
                   04/19/2017. The notice may be viewed at:       No. 9, 01/13/2017, 4372-4373.
                   https://www.gpo.gov/fdsys/pkg/FR-2017-01-
                   19/pdf/2017-01264.pdf. Federal Register, Vol.
                   81, No. 12, 01/12/2017, 6601-6602.             FinCEN Requests Comment on FinCEN
                                                                  Suspicious Activity Report by Financial
                  FEMA has requested comments on proposed        Institutions.
                   flood hazard determinations, which may include
                   additions or modifications of any Base Flood   The Financial Crimes Enforcement Network
                   Elevation (BFE), base flood depth, Special Flood   (FinCEN) has issued a notice to announce it seeks
                   Hazard Area (SFHA) boundary or zone            comment on the information collection titled FinCEN
                   designation, or regulatory floodway on the Flood   Suspicious Activity Report by Financial Institutions.
                   Insurance Rate Maps (FIRMs), and where         Comments are due 04/03/2017. The notice may be
                   applicable, in the supporting Flood Insurance   viewed at: https://www.gpo.gov/fdsys/pkg/FR-2017-
                   Study (FIS) reports for communities in the state   02-02/pdf/2017-02235.pdf. Federal Register, Vol.
                   of South Carolina. The FIRM and FIS report     82, No. 21, 02/02/2017, 9109-9114.
                   are the basis of the floodplain management
                   measures that the community is required either to   OFAC Makes Changes to Lists.
                   adopt or to show evidence of having in effect in
                   order to qualify or remain qualified for       The Office of Foreign Assets Control (OFAC) has
                   participation in the National Flood Insurance   amended its lists of Specially Designated Global
                   Program (NFIP). Comments are due 04/24/2017.   Terrorists, Specially Designated Nationals and
                   The notice may be viewed at:                   Blocked Persons, and Specially Designated Narcotics
                   https://www.gpo.gov/fdsys/pkg/FR-2017-01-      Trafficker Kingpins. The documents listing these
                   23/pdf/2017-01375.pdf. Federal Register, Vol.   changes may be viewed at:
                   82, No. 13, 01/13/2017, 7847-7848.             www.treas.gov/offices/enforcement/ofac/actions.

                  FEMA has requested comments on proposed        Treasury Finalizes Regulation on Certain
                   flood hazard determinations, which may include   Transfers of Property to RICs and
                   additions or modifications of any Base Flood
                   Elevation (BFE), base flood depth, Special Flood   REITs.
                   Hazard Area (SFHA) boundary or zone
                   designation, or regulatory floodway on the Flood   The Department of the Treasury (Treasury) has
                   Insurance Rate Maps (FIRMs), and where         issued final regulations effecting the repeal of the
                   applicable, in the supporting Flood Insurance   General Utilities doctrine by the Tax Reform Act of
                   Study (FIS) reports for communities in the states   1986. The final regulations address the length of time
                   of California, Illinois, and Missouri. The FIRM   during which a Regulated Investment Company or a
                   and FIS report are the basis of the floodplain   Real Estate Investment Trust may be subject to

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