Video & Transcript Research : 'commodity assessment'

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OK

Oklahoma 2026 Regular Session

Senate Legislative Session Mar 11th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

Transcript Highlights:
  • My first question is, who's providing or creating this assessment?
  • needed to do a proper assessment.
  • Yes, somewhere in the court fees, you will have an Assessment and that assessment will include a payment
  • I did find on page 43 and it spoke to just speaking to the assessment.
  • Is that there will be a cost for treatment and also for the assessment?
KY
Transcript Highlights:
  • So House Bill 304 is just some very simple language to talk about soybean assessment.
  • The soybean assessment checkoff rate is a half a percent.
  • So House Bill 304 is just some very simple language to talk about soybean assessment.
  • There was an assessment out of milk check. I raised beef cattle still.
  • There was an assessment out of milk check. I raised beef cattle still.
Summary: The committee first heard House Bill 186, which would streamline food-service rules for churches and nonprofits providing meals to homeless shelters and people displaced by natural disasters. Representative Duvall said the bill is meant to remove unnecessary kitchen and plumbing requirements so organizations can safely serve simple meals in emergencies. Members discussed food safety, whether the bill applies only in declared disaster situations or also to homeless shelters, and whether training should be offered; Duvall clarified that the disaster and homelessness provisions are separate and that food must still be safe and wholesome. After discussion, the committee took a roll call vote and House Bill 186 passed with favorable expression. The committee then heard House Bill 370, a Department of Agriculture reorganization measure sponsored by Representative Payne. Payne and Agriculture Commissioner Jonathan Shell said the bill would move the Division of Farm Safety and Rural Health and create an Office of Economic Development to better support programs such as Food Is Medicine, rural health, farmer mental health, and farm safety. Members asked about the removal of references to shows and fairs, whether the bill would affect livestock shows and county fairs, and whether any new funding was included; Payne said the department would still support shows and fairs, the change was about efficiency and focus, and no new funding was specified because budget decisions come later. Discussion on House Bill 370 also highlighted the department’s broader economic role, including agricultural economic development and outreach tied to the new USDA secretary’s visit to Kentucky. The committee then voted and the bill passed with favorable expression. Finally, the committee began House Bill 304 on soybean assessment language. Representative Bivens and soybean association representatives explained it as cleanup language related to the soybean checkoff and a contingency if the federal checkoff changes. Members asked whether a referendum had already occurred and whether producers supported the measure; the witnesses said the referendum had already taken place and that soybean producers and the association supported it, while one member noted the state may increasingly need to adjust to federal changes.
KY
Transcript Highlights:
  • And whether it's our policy makers such as yourself, whether it's our commodity organizations such as
  • <00:15:37.920> organizations whether it's our commodity organizations whether it's our commodity
  • groups, I couldn't do and the commodity groups, I couldn't do a<00:36:56.480> fraction<00:36:
  • Uh yes, we're currently looking into changing sort of how the assessment fees are rendered.
  • In this space, we do this in other grain commodities with forward pricing.
Summary: The committee heard first from Kentucky Farm Bureau leaders, who outlined the organization’s current priorities and recent work on farmland transition. Eddie Melton said Farm Bureau is working through 983 county and advisory committee resolutions and highlighted support for the updated selling farmer tax credit, now law through House Bill 775, as well as Senate Bill 28’s agriculture economic development provisions. He said Farm Bureau’s likely priorities include maintaining the 50% share of the tobacco settlement fund for agriculture, protecting funding for the Kentucky Department of Agriculture, preserving sales tax exemptions on farm inputs, keeping property taxes controlled, and exploring additional tools to keep farmland in active farmers’ hands, including possible loan or inheritance-tax changes. He also raised concerns about eminent domain transparency, nuisance deer permits, and access to agricultural inputs and crop protection products. Alita Bots described the farmland transition initiative in more detail, saying the revised state tax credit is generating strong interest and that a new federal tax provision now allows eligible land sales to actively engaged farmers to spread capital gains taxes over time. She said the initiative has reached 22 counties and more than 1,300 people this year through outreach and meetings, and that Farm Bureau is pairing policy work with resources to help farm families plan transitions and prepare wills and other estate documents. Drew Graham added that the effort is also meant to bridge the rural-urban divide and support rural communities, and Farm Bureau invited members to its annual meeting in early December. Members asked about rising insurance costs and deer damage. Farm Bureau representatives said severe convective storms, inflation, and higher repair and material costs have driven insurance rate increases, citing five major storm events since 2021 and a recent Owensboro hailstorm that caused about $350 million in losses; they said the company is moving toward percentage deductibles to help moderate increases. On deer, they said crop-loss totals are hard to quantify but acknowledged the problem and discussed possible coordination with the Department of Fish and Wildlife and Hunters for the Hungry. Commissioner Jonathan Shell then began the Department of Agriculture presentation, reporting gains from the department’s school agriculture outreach program, including a 23% increase in county participation between March and September and improved teacher-reported student learning, before continuing into the department’s legislative priorities.
CA
Transcript Highlights:
  • out of the business of that, but there's some uncertainty right now, and I think that's a fair assessment
  • We assess the risk, study the risk, do modeling to figure out where we need to invest and where we need
  • So there's a risk assessment planning side of what the state does.
  • and necessary commodity that is water, we are in deep trouble.
  • and necessary commodity that is water we are in deep trouble and so that was a part of why I was here
Summary: The committee held an informational hearing on flood risk and flood management in California, with opening remarks emphasizing that flooding is a statewide and growing threat due to climate change, including the possibility of extreme losses in a worst-case event. Members noted recent flooding in places such as San Diego, the Tulare Basin, and Pajaro, and framed the hearing as a way to better understand prevention, response, and how to capture excess water for later use. Jeffrey Mount of PPIC gave the main overview, describing California’s high flood exposure, the different flood types the state faces, and the mix of structural and non-structural tools used to manage them. He stressed that levees, dams, bypasses, land-use planning, flood insurance, and emergency response all matter, but that risk is rising because current standards are based on past hydrology rather than future climate conditions. He also warned that flood management is underfunded, that the National Flood Insurance Program is weak, and that federal support is increasingly uncertain. Members asked about groundwater recharge, permitting, NOAA and federal cuts, and which communities are most at risk; Mount said recharge can help but does not eliminate flood risk, and that small Central Valley communities and heavily developed floodplains are especially concerning. State officials Laura Hollander of the Department of Water Resources and Jane Dolan of the Central Valley Flood Protection Board described the state’s role in forecasting, emergency response, grants, planning, and the Central Valley Flood Protection Plan. They highlighted aging infrastructure, the need for better coordination, and the state’s special liability in the Central Valley after the Paterno decision. Dolan reviewed the history of major floods and said the plan calls for about $1 billion per year over 30 years to meet current needs, while Hollander said the state works with local and federal partners on preparedness, response, and subventions projects. Both emphasized that floodplain planning, regional coordination, and faster permitting are important, but that more consistent funding is needed. A later panel from local flood agencies and districts reinforced those points, arguing that the state’s annual flood funding is below identified needs and that a proposed statewide flood and dam safety bond was reduced substantially in the broader climate bond package. Witnesses urged more routine maintenance funding, support for regional flood planning, and continued federal-state-local partnerships to reduce risk and maintain eligibility for federal assistance. No formal votes or legislative actions were taken during the informational hearing.
KY
Transcript Highlights:
  • A few other things, to be brief, that we've done is just taken out a lot of our supplies, commodities
  • > come assessments or debris assessments come assessments or debris assessments come in<00:10:27.920
  • those Assessments those Assessments in<00:12:02.040> thank<00:12:02.200> you<00:12
  • That's inspecting bridges and providing damage assessments.
  • once those joint damage assessments are done. ...And as we continue to do our assessments, then we request
Summary: The concurrent House-Senate meeting opened with a roll call and then received a briefing from Kentucky Emergency Management and the Transportation Cabinet on the February storms and flooding. Officials described the event as ongoing and statewide in scope, beginning in western counties and then heavily affecting Eastern Kentucky, including major impacts in Perry, Letcher, Clay, Bell, Martin, Pike, and other counties. They reported widespread power and water outages, nearly 600 people initially sheltered, more than 1,500 water rescues, over 250 National Guard members activated, and substantial mutual aid from other states and FEMA. They also said 73 counties had declared emergencies, 23 fatalities had been confirmed at that point, and individual assistance had already distributed $5.5 million to residents after the federal declaration was signed. The administration emphasized that recovery needs were still being assessed but were already significant. Kentucky Emergency Management said public assistance estimates were about $58 million and rising, with about 2,005 homes and 272 businesses inspected so far. Debris removal was identified as a major issue, and officials said they had requested Category A federal assistance for debris in four counties while continuing to seek more as assessments continued. They also noted that disaster recovery centers were opening and that teams were going door to door in affected areas. On transportation, KYTC reported 39 counties affected, a peak of 355 road closures reduced to 49, 18 damaged bridges, 94 bridges with debris on them, and 579 roadway damages, while continuing to clear roads and move supplies such as water, food, blankets, and heaters. Secretary Hicks then asked lawmakers to consider additional funding mechanisms. He said the current $50 million emergency cap in the budget was likely to be exhausted, with $21.5 million already allocated, and proposed either lifting the cap or creating a new “safe fund” for this disaster, similar to prior funds used after the western Kentucky tornadoes and the 2022 eastern Kentucky floods. He said the state could redirect about $25 million from an unused western Kentucky economic development allocation and about $20 million from an eastern Kentucky transportation allocation, for a total of $45 million, to help with this response. Members and officials also discussed debris disposal, with the Pike County landfill expansion identified as a possible site to receive some of the debris and reduce costs. Representative Fugate thanked the agencies for their response and described severe local impacts, including water outages, road slides, damaged water treatment plants, and heavy debris in homes and driveways.
AL

Alabama 2026 1st Special Session

Alabama House Ways and Means General Fund Committee Mar 31st, 2026

Ways and Means General Fund

Transcript Highlights:
  • Senate Bill 143 basically removes the sunset from the assessment tax to nursing homes.
  • Senate Bill 143 basically removes the sunset from the assessment tax to nursing homes.
  • So why not swap the gavl over lower hospitals assessment and medic...
  • assessment sunset calls removed. removed. removed.
  • :20:35.440> that<00:20:35.679> removes same assessment bill uh that removes same assessment
MN

Minnesota 2025-2026 Regular Session

Energy Committee Meeting - 2025-03-27

Energy Finance and Policy

Transcript Highlights:
  • These records, called ammonia certificates, are a new and valuable commodity for Minnesota farmers and
  • of significant cost and uncertainty by encouraging local production of a necessary agricultural commodity
  • As they are issued and retire certificates, that incurs fees that we assess to that organization.
  • Moving on, it is also intended to ensure that when we assess one fee on the entire region, our system
  • Whether this cost is worth the benefit is part of the experiment the state is running right now to assess
Bills: HF2103, HF2793
NH

New Hampshire 2025 Regular Session

House Finance Division I (01/29/2025)

Transcript Highlights:
  • We manage contracts statewide for commodities, and that flows through that office.
  • Similar but different — all commodities have to go through purchasing through us of any size.
  • That's more of a commodity, but service contracts that everybody uses, computer service contracts.
  • So, you do actually the commodities purchasing for salt, aggregate, and so on?
  • <01:53:58.520> building including site assessment building including site assessment building
Keywords: 928, house, all
Summary: The Department of Administrative Services presented an overview of its budget and operations, emphasizing that it is the lowest-spending agency in state government and that its general fund allocation has declined since 2019. Commissioner Arling House explained that DAS also handles back-office functions for several administratively attached boards, which has affected staffing and spending comparisons. He said the department’s current general fund spending is roughly split between retiree health and other operations, and that the presentation was based on adjusted authorized spending rather than the original budget figures. A major portion of the meeting focused on retiree health benefits and the long-term effort to control costs. Deputy Commissioner Cassie Keane described how the state moved from a projected deficit in retiree health to savings through a series of changes, including higher premium contributions, co-pay adjustments, and shifting Medicare retirees into Medicare Advantage arrangements to capture federal reimbursement. She said the state has about 12,500 retirees and spouses on the plan, with roughly 10,906 Medicare retirees and 1,580 non-Medicare retirees, and that the savings have depended heavily on federal funding and procurement decisions. She also noted that Medicare retirees pay Part B premiums and that the state has grandfathered older retirees from some premium contributions. Members asked about what the expenditures cover, why the state offers retiree health instead of simply giving retirees a payment to buy coverage themselves, and whether out-of-pocket costs changed under Medicare Advantage. Keane said the plan covers actual health claims or insurance premiums, that co-pays and maximum out-of-pocket limits remain in place, and that the state has no authority to change benefit details without legislative action. She explained that retiree health is a long-standing employee benefit that wraps around Medicare and is not collectively bargained in the usual sense, though its eligibility rules and cost-sharing have been tightened over time to better target the benefit to long-term state service. The discussion also covered vendor performance problems. Keane said Anthem recently won the contract back from Aetna, but its pharmacy subsidiary, Caroline, caused serious service disruptions. DAS responded by withholding payments, assessing more than $2 million in performance guarantees, and hiring a third-party auditor to review the pharmacy processes. The current contract runs through the end of calendar year 2026, and officials said they are watching federal Medicare Advantage reimbursement changes closely because future savings are uncertain.
ND

North Dakota 2025-2026 Regular Session

Budget Section Leadership Division Jun 24th, 2026

Transcript Highlights:
  • Crazy thing is natural gas has not moved up with the rest of the commodities.
  • These commodities can continue to ebb and flow in the markets and where we want them.
  • We requested a well-executed assessment that looks beyond surface-level damage.
  • It's a system-wide assessment.
  • This assessment will pair with the state facility maintenance fund that is managed by OMB.
Summary: The Budget Section Leadership Division met with a quorum present and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity, which described North Dakota production as holding steady around 1.1 to 1.2 million barrels per day despite lower prices and market volatility. The presentation emphasized that efficiency gains, longer laterals, and improved completion technology are allowing operators to sustain output while activity shifts north in the Bakken. Members asked about gas taxation, natural gas liquids, flaring, and enhanced oil recovery; the witness said gas is taxed by volume, most liquids are handled through oil lines or gas processing, and the state’s EOR pilot projects and new gas infrastructure are intended to help hold production flat and expand future recovery. The committee then received a presentation from the Tax Department on the federal “big beautiful bill” and its effect on North Dakota income tax collections. The department explained that most of the federal changes were extensions of existing Tax Cuts and Jobs Act provisions, but several items — including the larger standard deduction, senior deduction, tip and overtime exclusions, auto loan interest deduction, and business expensing changes — affect state collections. Revised estimates showed a smaller-than-expected impact on individual income tax, with the department suggesting a net cash effect in the range of roughly $30 million to $35 million when business and individual effects are combined, plus a possible one-time distortion from large oil-field transactions in fiscal year 2025. Members asked which provisions apply to standard versus itemized returns, and the department clarified that most of the individual provisions apply broadly, while the SALT-related item is itemizer-specific. OMB then reported on major capital projects and facility funding. Updates included Capitol grounds improvements such as 18th-floor renovations, wayfinding, augmented reality displays for the Rough Rider Hall of Fame, tree management and lighting studies, and restroom and parking reconfiguration in the tower. OMB also described security upgrades at the governor’s residence, where human remains were discovered on site and are being handled with historical and legal review. The state hospital project in Jamestown remains on schedule for substantial completion in winter 2027 and opening in spring 2028, with costs currently estimated a little over $292 million and a line of credit expected to be drawn in April 2027. The North Central State Office Building in Minot is under construction, with a $5.6 million line of credit already accessed. OMB also reported on the State Facility Maintenance Fund, noting about $1.1 million spent so far on projects such as the Liberty Memorial Building roof and foundation work, Capitol window replacement, boiler replacement, and kitchen remodeling. Finally, Legislative Council staff reviewed the interim compliance report on legislative intent and state trust funds. The report highlighted the status of multiple lines of credit, including those for the state hospital and Minot office building, and noted that the executive budget will likely need to include repayment planning for about $350 million of expected outstanding balances. Other updates included the Bank of North Dakota profit transfer schedule, litigation pool spending, the new Office of Guardianship and Conservatorship, the Missouri River Correctional Center planning effort, HHS items such as FMAP and child care assistance, Job Service’s unemployment insurance modernization project, and DPI school aid turnback estimates. No formal votes were taken beyond approval of the minutes.
AZ

Arizona 2026 Regular Session

01/26/2026 - House Land, Agriculture & Rural Affairs

Land, Agriculture & Rural Affairs

Transcript Highlights:
  • Programs are primarily financed by a one-dollar-per-head assessment on sales of domestic and foreign
  • The value is determined by USDA commodity prices based on the day that the animal was killed. Mr.
  • Representative Martinez, the value that's calculated for the animal that I spoke to is based on that commodity
  • from the University of Arizona, the Arizona Cattle Growers Association, and, again, based on the commodity
Summary: The House Committee on Land, Agriculture, and Rural Affairs met for its first session, with members and staff introducing themselves before taking up committee-of-reference business and several bills. The committee first heard a presentation from the Arizona Beef Council, which described its checkoff-funded promotion, education, and research work for Arizona beef producers, including classroom materials, nutrition outreach, and ranch tours. After questions about how the program is funded and whether the state would lose its Arizona-retained share if the council were not continued, the committee voted to recommend continuing the council for eight years, until July 1, 2034. The committee then considered HB 2155, which also continued the Arizona Beef Council for eight years, and advanced it on a 7-1 vote. HB 2156, which appropriates money to the livestock compensation fund for wolf depredation losses, was amended to set the appropriation at $250,000 from the general fund in fiscal year 2027 and then passed 5-2, with supporters emphasizing rancher compensation and opponents questioning use of general funds and noting unused prior funding. HB 2162, which would require at least one Arizona Game and Fish Commission member to be a cattleman or rancher, drew testimony for and against but was ultimately held by the chair after discussion about representation, existing appointment structures, and rural interests. The committee also advanced two cell-cultured protein bills. HB 2762 would require a disclaimer on packaging for food derived from cultivated cells; supporters argued for consumer transparency and opponents said federal labeling rules already apply and state-specific requirements could create confusion. It passed 5-3. HB 2791 would prohibit the sale of cell-cultured protein for human consumption and make violations a felony; supporters raised safety, innovation, and agricultural concerns, while opponents argued it would criminalize federally approved products and restrict consumer choice. That bill also passed 5-3. The committee adjourned after completing its agenda.
US
Transcript Highlights:
  • In Minnesota, for example, schools will lose significant funding for local commodities and farmers, like
  • healthiest meals that they consume in a day and we have this tool called the healthy eating index that assesses
  • In March of 2025, USDA suspended millions of dollars in Commodity Credit Corporation funds originally
  • meal programs support American farmers by receiving a portion of their federal reimbursement as a commodity
Bills: SB222
Summary: This meeting of the committee focused primarily on the Whole Milk for Healthy Kids Act, S222, which aims to permit schools to offer a fuller range of milk options, including whole, reduced, and low-fat varieties, that have garnered bipartisan support. Chairman Bozeman opened the session by highlighting concerns over children's nutrition and the obesity epidemic, emphasizing the significance of nutritious school meals in addressing these issues. Experts from various organizations were invited to discuss the implications of this bill as well as the current challenges facing school meal programs, including budget constraints and food supply issues. The meeting included passionate testimonies about the direct impacts of current dietary guidelines and federal funding reductions affecting schools' abilities to provide healthy meal options.
MN

Minnesota 2025 1st Special Session

Committee on Taxes - 02/27/25

Taxes

Transcript Highlights:
  • In 2023, we assessed nearly 39,000 acres, and these were acres that are farmed by members of our board
  • So this assessment really helps to show that when you use real-world level data of current production
  • So this assessment really helps to show that when you use real-world level data of current production
  • <01:14:22.520> strengthening<01:14:23.040> farm<01:14:23.400> income Commodities
  • strengthening farm income Commodities strengthening farm income and<01:14:23.960> Rural<01:14
Keywords: 1187, senate, all
ND
Transcript Highlights:
  • Crazy thing is natural gas has not moved up with the rest of the commodities.
  • These commodities can continue to ebb and flow in the markets and where we want them.
  • We requested a well-executed assessment that looks beyond surface-level damage.
  • This assessment will pair with the state facility maintenance fund that is managed by OMB.
  • The current FCA effort will assess 209 facilities covering approximately 4.5 million square feet.
Keywords: 908, all
Summary: The Budget Section Leadership Division met with a quorum and approved the March 18 minutes. The committee first heard an update from the Petroleum Council on oil and gas activity in North Dakota. Ron Ness said production is expected to remain relatively flat at just under 1.2 million barrels per day, with efficiency gains and longer laterals helping offset lower rig counts. He discussed oil and gas prices, gas taxation, flaring concerns, northward movement of drilling activity, and the importance of new infrastructure and enhanced oil recovery (EOR) pilots. Members asked about gas taxation, natural gas liquids, pipeline impacts, and the outlook for Continental and other operators. Ness said the industry is likely to remain steady rather than see a major ramp-up or decline. Matt Pearl of the State Tax Department then explained the federal “big beautiful bill” and its effect on North Dakota income tax collections. He said the law extends or makes permanent several federal provisions and creates temporary deductions for seniors, tips, overtime, and auto loan interest, with the biggest state impact coming from the standard deduction increase and business tax changes. He revised earlier estimates downward, saying the net cash impact on state collections is likely in the $30 million to $35 million range after accounting for business prepayments and one-time FY25 oilfield transaction effects. Committee members asked which provisions apply to standard versus itemized returns. OMB staff gave a detailed update on major capital projects and facility funding. Topics included Capitol grounds improvements such as 18th-floor renovations, wayfinding, seating, lighting, tree management, and restroom and lobby upgrades; security work at the governor’s residence, which has been delayed by the discovery of human remains; and space reconfiguration efforts in Bismarck-Mandan to reduce leases and create shared offices and conference rooms. They also reported on the State Facility Maintenance Fund, including roof, window, boiler, and kitchen projects at state facilities, and on the state hospital project in Jamestown, which remains on budget and on schedule for substantial completion in winter 2027 and opening in spring 2028. OMB also updated the committee on the Minot North Central State Office Building, the use of federal State Fiscal Recovery Funds, and the status of legislative intent and trust fund reports, including school aid turnback, the school construction loan program, the Foundation Aid Stabilization Fund, the Legacy Fund, and the Strategic Investment and Improvements Fund. The committee ended by discussing future agenda items, including government efficiency, cash management, Bank of North Dakota lines of credit, and the rural health transformation program, and then adjourned.
NM

New Mexico 2025 Regular Session

Senate - Rules Mar 5th, 2025

Senate Rules

Transcript Highlights:
  • The Workers' Compensation is a self-funded agency based on a quarterly assessment fee.
  • That base assessment fee has not increased since 1990. We all know costs have gone up since 1990.
  • This was the first year that we actually proposed legislation to increase our assessment fee.
  • The economic impact that the assessment fee increase would have on those businesses is significant.
  • So you'll have to make it a commodity-driven issue where your prices are ideal. ...is something so they
NH
Transcript Highlights:
  • We are assessing different ways to achieve what I refer to as the Goldilocks zone, where we can have
  • We are assessing different ways privacy.
  • of about 30 different on an assessment of about 30 different objective<01:14:57.120> criteria.
  • These could be securities; these could be pools of commodity assets.
  • these could be pools of commodity these could be pools of commodity assets.<02:03:01.599> Um<
Keywords: 1189, house, all
Summary: The Stable Token Study Commission held its first regular meeting, welcomed all remaining appointed members, and completed brief introductions from legislators and agency designees. The chair outlined the commission’s plan to use the first part of the enabling legislation as a “level-setting” discussion, focusing this meeting on the basics of blockchain, the current landscape for stablecoins and tokenized real-world assets, and leaving blockchain-based trust for a later meeting. No votes were taken. The main presentation came from Deanna Bario Zales of the Global Blockchain Business Council, who described stablecoins as increasingly converging toward fiat-backed or asset-backed models, with algorithmic designs viewed more cautiously. She said stablecoins are being used for payments, remittances, DeFi activity, cross-border transfers, retail use in high-inflation markets, and treasury functions, while noting risks such as peg instability, reserve transparency, counterparty and network risk, and possible capital flight from weaker banking systems. She cited growth in supply, wallet activity, and transfer volume, and said U.S.-pegged stablecoins dominate the market, with USDT and USDC leading. Zales also discussed tokenized real-world assets, describing them as digital representations of physical assets that can enable fractional ownership, liquidity, and faster settlement. She said the market is growing quickly, with institutional participation from firms such as BlackRock and Franklin Templeton, and projected continued expansion. She closed with an overview of regulatory developments, emphasizing the new U.S. stablecoin framework under the Genius Act, the proposed Clarity Act, OCC guidance, and similar regimes in the EU, UK, UAE, Singapore, Japan, and elsewhere, all of which she said are shaping compliance requirements and market development.