The final regulations provide streamlined registration and compliance procedures for groups of financial institutions including commonly managed investment funds.

FORBES: IRS Implements FATCA, Ramps Up Tax Evasion Battle

The fact remains, however, that under the current Education (Pupil Registration) Regulations, schools have discretion "to grant leave of absence for purposes of family holidays" in term time, for up to 10 days a year.

BBC: Q&A: Truancy 'fast track'

From February 1, 2009, through November 30, 2011, BIFS allegedly failed to maintain written supervisory procedures reasonably designed to achieve compliance with applicable securities laws and regulations, and utilized recruiting and hiring guidelines that were inaccurate and inadequate regarding the hiring and registration of statutorily disqualified persons.

FORBES: Stockbroker Convicted Of Motor Vehicle Felony Poses Reporting Problems For Brokerage Employer