Federal agencies are drafting rules to identify threats to government programs, assets, and liabilities; reduce risks to the nation's financial stability; and bolster disclosures of climate risk.
Despite a Twitter-user outcry, and loss of value for some cryptocurrency-related assets, market observers point out that this matches IRS treatment of cash transactions.
As criminal charges for underpayment of workers becomes increasingly common, employers should consider working with outside counsel to analyze their wage-related compliance.
China's trial issuance of a digital yuan has some officials concerned about whether the dollar will remain the world's dominant reserve currency in the long term.
Already complex, transfer pricing policies may need to change this year to reflect realities of the pandemic. Documenting those changes will be key to compliance.
Treasuries should be preparing for the dramatic impact digital fiat currencies may soon have, on both their financial statements and their organizational structure.
