Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations; Accounting and Reporting Requirements; Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; GAAP References and Other Conforming Amendments; Effective Date, 34550 [2013-13636]

Download as PDF mstockstill on DSK4VPTVN1PROD with RULES 34550 Federal Register / Vol. 78, No. 111 / Monday, June 10, 2013 / Rules and Regulations (iii) A detailed explanation of the insured depository institution’s plan for conforming its activities to the requirements of section 716 of the Dodd-Frank Act (15 U.S.C. 8305) and this part. (2) The Board may, at any time, request additional information that it believes is necessary for its decision. (b) Transition period for insured depository institutions. Following review of a written request submitted under paragraph (a) of this section, the Board shall permit an insured depository institution for which it is the appropriate Federal banking agency up to 24 months after the later of July 16, 2013, or the date on which the insured depository institution becomes a swaps entity, to comply with the requirements of section 716 of the Dodd-Frank Act (15 U.S.C. 8305) and this subpart based on its consideration of the factors in paragraph (c) of this section. (c) Factors governing Board determinations. In establishing an appropriate transition period pursuant to any request under this section, the Board will take into account and make written findings regarding: (1) The potential impact of divestiture or cessation of swap or security-based swaps activities on the insured depository institution’s: (i) Mortgage lending; (ii) Small business lending; (iii) Job creation; and (iv) Capital formation versus the potential negative impact on insured depositors and the Deposit Insurance Fund of the Federal Deposit Insurance Corporation; and (2) Any other factor that the Board believes appropriate. (d) Timing of Board review. The Board will seek to act on a request under paragraph (a) of this section expeditiously after the receipt of a complete request. (e) Extension of transition period. The Board may extend a transition period provided under this section for a period of up to one additional year. To request an extension of the transition period, an insured depository institution must submit a written request containing the information set forth in paragraph (a) of this section no later than 60 days before the end of the transition period. (f) Authority to impose restrictions during any transition period. The Board may impose such conditions on any transition period granted under this section as the Board determines are necessary or appropriate. (g) Consultation. The Board shall consult with the Commodity Futures Trading Commission or the Securities and Exchange Commission, as VerDate Mar<15>2010 18:07 Jun 07, 2013 Jkt 229001 appropriate, prior to the approval of a request by an insured depository institution for a transition period under this section. By order of the Board of Governors of the Federal Reserve System, June 5, 2013. Margaret McCloskey Shanks, Deputy Secretary of the Board. [FR Doc. 2013–13670 Filed 6–7–13; 8:45 am] BILLING CODE 6210–01–P during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is June 3, 2013. (12 U.S.C. 2252(a)(9) and (10)) Dated: June 4, 2013. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2013–13636 Filed 6–7–13; 8:45 am] BILLING CODE 6705–01–P FARM CREDIT ADMINISTRATION 12 CFR Parts 615, 621, and 652 DEPARTMENT OF TRANSPORTATION RIN 3052–AC75 Federal Aviation Administration Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations; Accounting and Reporting Requirements; Federal Agricultural Mortgage Corporation Funding and Fiscal Affairs; GAAP References and Other Conforming Amendments; Effective Date 14 CFR Part 39 Farm Credit Administration. Notice of effective date. AGENCY: ACTION: The Farm Credit Administration adopted technical amendments to various regulations to conform certain references to accounting standards in these rules to the Financial Accounting Standards Board Accounting Standards Codification. In accordance with the law, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. DATES: Effective Date: Under the authority of 12 U.S.C. 2252, the regulation amending 12 CFR parts 615, 621, and 652 published on April 9, 2013 (78 FR 21035) is effective June 3, 2013. FOR FURTHER INFORMATION CONTACT: Michael T. Wilson, Policy Analyst, Office of Regulatory Policy, Farm Credit Administration, McLean, VA 22102– 5090, (703) 883–4124, TTY (703) 883– 4056; or Jeff Pienta, Senior Attorney, Office of General Counsel, Farm Credit Administration, McLean, Virginia 22102–5090, (703) 883–4431, TTY (703) 883–4056. SUPPLEMENTARY INFORMATION: The Farm Credit Administration adopted technical amendments to various regulations to conform certain references to accounting standards in these rules to the Financial Accounting Standards Board Accounting Standards Codification. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register SUMMARY: PO 00000 Frm 00006 Fmt 4700 Sfmt 4700 [Docket No. FAA–2012–1331; Directorate Identifier 2012–NE–44–AD; Amendment 39–17473; AD 2013–11–13] RIN 2120–AA64 Airworthiness Directives; Rolls-Royce plc Turbojet Engines Federal Aviation Administration (FAA), DOT. ACTION: Final rule. AGENCY: We are adopting a new airworthiness directive (AD) for all Rolls-Royce plc (RR) Viper Mk. 601–22 turbojet engines. This AD requires reducing the life of certain critical parts. This AD was prompted by a review carried out by RR of the lives of these parts. We are issuing this AD to prevent failure of life-limited parts, damage to the engine, and damage to the airplane. DATES: This AD becomes effective July 15, 2013. ADDRESSES: For service information identified in this AD, contact Defence Aerospace Communications at RollsRoyce plc, P.O. Box 3, Gypsy Patch Lane, Filton, Bristol, BS347QE, United Kingdom; phone: 011–44–117–9791234; or email: https://www.rolls-royce.com/ contact/defence_team.jsp. You may view this service information at the FAA, Engine & Propeller Directorate, 12 New England Executive Park, Burlington, MA 01803. For information on the availability of this material at the FAA, call 781–238–7125. SUMMARY: Examining the AD Docket You may examine the AD docket on the Internet at https:// www.regulations.gov; or in person at the Docket Operations office between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. The AD docket contains this AD, the regulatory evaluation, any comments received, and other information. The street address for E:\FR\FM\10JNR1.SGM 10JNR1

Agencies

Farm Credit Administration

[Federal Register Volume 78, Number 111 (Monday, June 10, 2013)]
[Rules and Regulations]
[Page 34550]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-13636]


=======================================================================
-----------------------------------------------------------------------

FARM CREDIT ADMINISTRATION

12 CFR Parts 615, 621, and 652

RIN 3052-AC75


Funding and Fiscal Affairs, Loan Policies and Operations, and 
Funding Operations; Accounting and Reporting Requirements; Federal 
Agricultural Mortgage Corporation Funding and Fiscal Affairs; GAAP 
References and Other Conforming Amendments; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

-----------------------------------------------------------------------

SUMMARY: The Farm Credit Administration adopted technical amendments to 
various regulations to conform certain references to accounting 
standards in these rules to the Financial Accounting Standards Board 
Accounting Standards Codification. In accordance with the law, the 
effective date of the final rule is 30 days from the date of 
publication in the Federal Register during which either or both Houses 
of Congress are in session.

DATES: Effective Date: Under the authority of 12 U.S.C. 2252, the 
regulation amending 12 CFR parts 615, 621, and 652 published on April 
9, 2013 (78 FR 21035) is effective June 3, 2013.

FOR FURTHER INFORMATION CONTACT: Michael T. Wilson, Policy Analyst, 
Office of Regulatory Policy, Farm Credit Administration, McLean, VA 
22102-5090, (703) 883-4124, TTY (703) 883-4056; or Jeff Pienta, Senior 
Attorney, Office of General Counsel, Farm Credit Administration, 
McLean, Virginia 22102-5090, (703) 883-4431, TTY (703) 883-4056.

SUPPLEMENTARY INFORMATION: The Farm Credit Administration adopted 
technical amendments to various regulations to conform certain 
references to accounting standards in these rules to the Financial 
Accounting Standards Board Accounting Standards Codification. In 
accordance with 12 U.S.C. 2252, the effective date of the final rule is 
30 days from the date of publication in the Federal Register during 
which either or both Houses of Congress are in session. Based on the 
records of the sessions of Congress, the effective date of the 
regulations is June 3, 2013.

    (12 U.S.C. 2252(a)(9) and (10)) 

    Dated: June 4, 2013.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2013-13636 Filed 6-7-13; 8:45 am]
BILLING CODE 6705-01-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.