The podcast discusses the upcoming implementation of Safety Management Systems (SMS) for repair stations by the FAA. It highlights the global trend towards SMS regulations, citing examples such as Japan and the European Union (EASA). The podcast notes that the FAA is expected to follow the ICAO model in their SMS rules, which will consist of four main components: Safety Policy, Safety Risk Management, Safety Assurance, and Safety Promotion. The author encourages repair stations to review the proposed rule and provide feedback to the FAA to ensure the final rule is clear, scalable, and effective. The podcast also touches on other compliance matters, such as hazardous materials training and export compliance.