Carver's Regulatory Insights: Key Updates on Trade, Tax & Water Policy
Welcome to Carver's regulatory updates podcast for the week of March 22, 2026.
Starting with Indonesia, the Financial Services Authority, known as OJK, has revoked the business license of PT Tennet Depository Indonesia effective March 12, 2026. This revocation prohibits PT Tennet Depository Indonesia from conducting any business activities as a provider of depository facilities for digital financial assets, including crypto assets. The company is required to cease all such activities and settle its obligations in accordance with applicable laws and regulations.
Turning to China, the State Council has issued modifications to the Regulations on the Registration Administration of Social Organizations. Key changes include new provisions allowing the merging or termination of industry associations and chambers of commerce that are small in scale, have overlapping functions, or face operational issues. The updated rules clarify the liquidation and deregistration processes, replace the term “revoking registration” with “revoking registration certificate,” and enhance supervisory responsibilities for relevant authorities.
In Ukraine, the Interdepartmental International Trade Commission has affirmed the continuation of anti-dumping duties at 123 percent for an additional five years on certain Chinese steel wire rope and cable products. This decision applies to tariff codes 7312 10 49 00, 7312 10 81 00, 7312 10 83 00, 7312 10 98 00, and 7312 10 65 00. Importers and exporters dealing with these products must comply with the continued duty imposition.
In the United States, the International Trade Commission, or ITC, has terminated investigations under Section 337 concerning certain patent claims related to small microwave ovens. This action follows the withdrawal of the complaint by Whirlpool Corporation. Businesses involved should monitor ITC rulings for potential import restrictions or exclusion orders.
Also in the United States, the Missouri Department of Labor has announced that the objection period for the Annual Wage Order ends on April 9, 2026. Contractors and employers must submit wage surveys by January 31 each year, incorporate prevailing wage rates into contract specifications for public works projects exceeding $75,000, and pay workers at least the prevailing wage rate for their occupational classification and county.
In France, Urssaf has communicated workforce data related to the Obligation d’Emploi des Travailleurs Handicapés, or OETH, for the 2025 year. This data enables companies to complete their DOETH declaration in the April 2026 Déclaration Sociale Nominative, or DSN. Payment of contributions is due by May 5 or May 15, 2026, depending on company size. The obligation applies to companies with more than 20 employees for five consecutive years. Companies must declare the monthly BOETH status of employees in DSN and use the data notified by Urssaf for the DOETH declaration.
Within the European Union, the European Commission has launched a four-week call for evidence to gather stakeholder input for the review and targeted revision of the Water Framework Directive. The consultation aims to address regulatory bottlenecks and simplify legislation to enhance water resilience and secure the supply of critical raw materials. Stakeholders are invited to provide evidence on how current provisions hinder strategic autonomy and to share information on environmental impacts and mitigation measures related to critical raw material projects. The online consultation remains open until April 14, 2026.
In the United States, Rhode Island has introduced guidance regarding a new tax on non-owner occupied properties assessed at over one million dollars. The tax applies to properties not occupied as a primary residence for at least 183 days during the privilege year from July 1, 2025, to June 30, 2026. Tax liability is based on the majority ownership days during this period. Property owners who believe they are exempt or not subject to the tax must complete and return a questionnaire.
Finally, in the United States, an Administrative Law Judge has ordered further proceedings in the matter of Jason Scott, DVM, related to anti-doping enforcement in horseracing. Due to ex parte communications and procedural irregularities by the arbitrator, the judge has stayed sanctions and case proceedings pending review. Dr. Scott must file a notice by March 31, 2026, stating objections or acceptance of vacatur and remand of the arbitration decision. If objections are filed, the Authority must respond within two weeks.
That wraps up today's regulatory updates. Visit carveragents.ai for more information.
