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Grayson Myers
Grayson Myers

June 20 2022 Q A Q A Time Change

Each child eligible to receive School or Child Care Summer 2022 P-EBT benefits (see eligibility criteria listed above) will receive a one-time fixed amount of $391.00 (three hundred and ninety-one dollars) to cover summer benefits.

June 20 2022 Q A Q A Time change

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While state law requires the draft Housing Element to be made available for public review for 7 days, the County is extending the public review time to 14 days to give interested residents and stakeholders additional time to review and submit comments and questions. This May 2022 version of the draft Housing Element replaces the previous December 2021 version. To facilitate public review, changes from the December 2021 version are tracked, with new content marked with underlines and deleted content shown as strikethrough. Minor grammatical corrections or other superficial or minor nonsubstantive changes may not be marked.

On August 30, 2022, the Department of Homeland Security (DHS) issued a final rule that, with limited changes, continues the Deferred Action for Childhood Arrivals (DACA) policy that was announced in 2012. The rule generally adopted the 2012 DACA, including the current threshold criteria for qualifying for DACA, as well as the existing process for DACA applicants to request work authorization when applying for DACA.

Currently, counsel in the Batalla Vidal case is analyzing potential next steps. The most recent court action in Batalla Vidal took place on August 3, 2022. With Congress having failed to act and a proposed new DACA regulation still unfinalized, the Batalla Vidal plaintiffs (a nationwide class of all those who hold DACA or are DACA eligible) asked the New York court for relief for the approximately 100,000 individuals whose applications for first-time DACA, or renewal where their previous DACA expired more than one year ago, are stalled. Those individuals applied for DACA after the court ordered the government to re-open DACA for first-time applicants in December 2020, but whose applications were pending when a Texas federal court ordered the government to stop granting initial DACA applications in July 2021. We explained to the New York court that there is a space between the New York order and the Texas order that would allow the New York court to provide meaningful relief to the 100,000 first-time DACA applicants and lapsed renewal applicants who applied during that period and whose applications are still in limbo.

What does this mean for first-time DACA applicants? As of now, there are no changes in the DACA program since July of 2021, other than USCIS now accepting DACA renewal applications electronically.

3. Is the forward-looking approach incorporating projected WAL stated in Weighted Average Life of Assets for FR Y-14A in the definition in FR Y-14Q Schedule G.3 and the FR Y-14A Schedule A.7.c ("For the FR Y-14A, given that it covers forecasted time periods, the WAL should be forward-looking which incorporates the changes to the projected WAL, including new business activity. Reference the PPNR Net Interest Income worksheet for product definitions.") applicable for the Weighted Average Life of Loans required in the FR Y-14Q Schedule A on current position to incorporate impact of the behavioral assumptions?

Residential mortgage originations commonly include an interest rate lock agreement in advance of actually originating the HFS loan. Common industry practice for these residential mortgages originated for sale is to commence hedging the potential changes in value at the point of the interest rate lock. As such, our firm has HFS loan hedges which span the entirety of exposures arising in the mortgage origination pipeline between the execution of an interest rate lock agreement (i.e. pre-funding) through funding and ultimate sale of the loan. However, based on the Schedule F reporting instructions, the required reporting of FVO Loan Hedges appears to be exclusive to funded loans which occurs sometime after the interest rate lock agreement is consummated.

The referenced part of new instructions is effective as of June 30, 2023, and does require recalculation of CVA/Net CE/Gross CE values to reflect these exclusions. The firm should not incorporate this reporting change for the Q4:2022 data submission used for the 2023 stress test. (FRB Response: February 8, 2023)

As indicated in Q&A Y140001447, client-cleared derivatives must be reported in the stressed data submission (i.e., Total Stressed Net Current Exposure (CACNR536) and Stressed Net Current Exposure Derivatives (CACSR564) in sub-schedule L.5.1). As noted in the September 2020 final Federal Register notice to revise the FR Y-14A/Q/M, the data collection associated with client-cleared derivatives are for monitoring purposes, and not for use in the stress test at this time. The FRB's monitoring includes both unstressed and stressed exposure data, and the submission of stressed data is a reporting requirement as of 4Q21. (FRB Response: March 30, 2022)

This compares with a firm's indirect credit exposure to a client on a guaranteed derivative, that arises when the firm guarantees the client's performance to a CCP or an exchange. In this case, a firm is not required to report the exposures in sub-schedules L.1-L.4, to the extent that guarantee is not subject to fair value. (FRB Response: January 26, 2022)

All house exposures to CCPs, including exchange-traded futures and options, should be reported in all aspects of the FR Y-14Q Counterparty schedule, including stressed submission. This requirement is expressed on p. 296 of the 2020 Q2 instructions. The prior FAQ response cited in the question reflected a temporary dispensation given at the time (2015), and was not intended to create a permanent optional exclusion. (FRB Response: November 4, 2020)

The ban on the manufacture and import of these harmful single-use plastics, barring a few targeted exceptions to recognize specific cases, will come into effect in December 2022. To provide businesses in Canada with enough time to transition and to deplete their existing stocks, the sale of these items will be prohibited as of December 2023. The Government will also prohibit the export of plastics in the six categories by the end of 2025, making Canada the first among peer jurisdictions to do so internationally.

The NASA Science Mission Directorate (SMD) has released SPD-41: Scientific Information policy for the Science Mission Directorate along with a Request for Information (RFI) about changes and implementation of this policy. To help provide further information about the policy and answer questions from the community, NASA SMD hosted a townhall on January 26, 2022.

On October 5, 2022, the Jordanian government made an official announcement ending the winter-time Daylight Saving Time (DST) time zone change. Starting at 12:00 a.m. Friday, October 28, 2022, the official time will not advance by an hour and will permanently shift to the UTC + 3 time zone.

Windows devices and apps outside of Jordan might also be affected if they are connecting to servers or devices in Jordan or if they are scheduling or attending meetings taking place in Jordan from another location or time zone. Windows devices outside of Jordan should not use the workaround, as it would change their local time on the device. 041b061a72


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