Farm Credit Administration Board Policy Statements, 63033 [2014-25131]
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Federal Register / Vol. 79, No. 204 / Wednesday, October 22, 2014 / Rules and Regulations
FARM CREDIT ADMINISTRATION
12 CFR Part 621
RIN 3052–AC75
Releasing Information; General
Provisions; Accounting and Reporting
Requirements; Reports of Accounts
and Exposures
Farm Credit Administration.
Final rule; notice of compliance
AGENCY:
ACTION:
date.
The Farm Credit
Administration (FCA, we, or our) issued
a final rule on December 24, 2013, to
establish a regulatory framework for
Farm Credit System (System) banks and
associations to report their accounts and
exposures to the FCA. The final rule
required compliance as of the effective
date, which was February 21, 2014,
except for certain Reporting Entity’s
requirements. The compliance date for
those requirements was delayed to
allow for the development of and
transition to the System’s central data
repository. This document provides the
compliance date for the Reporting Entity
requirements.
DATES: The compliance date for the
Reporting Entity requirements under
§ 621.15(b)(1) through (6), published
December 24, 2013, at 78 FR 77557,
effective February 21, 2014, is October
22, 2014.
FOR FURTHER INFORMATION CONTACT:
Susan T. Coleman, Senior Policy
Analyst, Office of Regulatory Policy,
Farm Credit Administration, McLean,
VA 22102–5090, (703) 883–4491, TTY
(703) 883–4056; or
Jane Virga, Senior Counsel, Office of
General Counsel, Farm Credit
Administration, McLean, Virginia
22102–5090, (703) 883–4020, TTY
(703) 883–4056.
SUPPLEMENTARY INFORMATION: We issued
a final rule on December 24, 2013, to
establish a regulatory framework for the
reporting of System accounts and
exposures. The final rule established the
reporting requirements and performance
responsibilities, including, but not
limited to, establishing uniform and
standard data fields to be collected from
all System banks and associations and a
disciplined and secure delivery of
information. The final rule authorized a
Reporting Entity (defined as the Federal
Farm Credit Banks Funding Corporation
(Funding Corporation) or an entity
approved by FCA), to collect data from
all banks and associations and serve as
the central data repository manager.
Additionally, the final rule required all
banks and associations to provide data
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SUMMARY:
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to the Reporting Entity to facilitate the
collection, enhancement, and reporting
of data to FCA.
The final rule required compliance as
of the effective date, which was
February 21, 2014, except for the
Reporting Entity’s requirements under
§ 621.15(b)(1) through (6). The final rule
specified that the compliance date
would be delayed for the Reporting
Entity’s requirements under
§ 621.15(b)(1) through (6) to allow for
the development of and transition to the
System’s central data repository.
During the System’s data repository
development phase, the banks and
associations continued to prepare and
submit the reports of accounts and
exposures to FCA in accordance with
the instructions prescribed by FCA
under § 621.15(a) of the final rule. The
Reporting Entity now has the ability to
prepare and submit reliable, timely,
complete and accurate reporting of
accounts and exposures. Therefore, full
compliance with all provisions of the
final rule is required on October 22,
2014 for accounts and exposures data as
of the quarterly period ended September
30, 2014.
Dated: October 16, 2014.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2014–25005 Filed 10–21–14; 8:45 am]
BILLING CODE 6705–01–P
FARM CREDIT ADMINISTRATION
12 CFR Chapter VI
Farm Credit Administration Board
Policy Statements
Farm Credit Administration.
Notice of policy statements and
AGENCY:
ACTION:
index.
The Farm Credit
Administration (FCA), as part of its
annual public notification process, is
publishing for notice an index of the 18
Board policy statements currently in
existence. Most of the policy statements
remain unchanged since our last
Federal Register notice on October 24,
2013 (78 FR 63380), except for one with
minor updates on Equal Employment
Opportunity and Diversity.
DATES: October 22, 2014.
FOR FURTHER INFORMATION CONTACT: Dale
L. Aultman, Secretary to Board, Farm
Credit Administration, 1501 Farm
Credit Drive, McLean Virginia 22102–
5090, (703) 883–4009, TTY (703) 883–
4056; or Wendy R. Laguarda, Assistant
General Counsel, Office of General
Counsel, Farm Credit Administration,
1501 Farm Credit Drive, McLean
SUMMARY:
PO 00000
Frm 00003
Fmt 4700
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63033
Virginia 22102–5090, (703) 883–4020,
TTY (703) 883–4020.
SUPPLEMENTARY INFORMATION: A list of
the 18 FCA Board policy statements is
set forth below. FCA Board policy
statements may be viewed online at
www.fca.gov/handbook.nsf.
On August 20, 2014, the FCA Board
reaffirmed, and made minor updates
only, to FCA–PS–62 on, ‘‘Equal
Employment Opportunity and
Diversity.’’ The changes were
grammatical in nature.
The policy was published in the
Federal Register on August 26, 2014 (79
FR 50908). The FCA will continue to
publish new or revised policy
statements in their full text.
FCA Board Policy Statements
FCA–PS–34 Disclosure of the Issuance
and Termination of Enforcement
Documents
FCA–PS–37 Communications During
Rulemaking
FCA–PS–41 Alternative Means of
Dispute Resolution
FCA–PS–44 Travel
FCA–PS–53 Examination Philosophy
FCA–PS–59 Regulatory Philosophy
FCA–PS–62 Equal Employment
Opportunity and Diversity
FCA–PS–64 Rules for the Transaction
of Business of the Farm Credit
Administration Board
FCA–PS–65 Release of Consolidated
Reporting System Information
FCA–PS–67 Nondiscrimination on the
Basis of Disability in Agency
Programs and Activities
FCA–PS–68 FCS Building Association
Management Operations Policies
and Practices
FCA–PS–71 Disaster Relief Efforts by
Farm Credit Institutions
FCA–PS–72 Financial Institution
Rating System (FIRS)
FCA–PS–77 Borrower Privacy
FCA–PS–78 Official Names of Farm
Credit Institutions
FCA–PS–79 Consideration and
Referral of Supervisory Strategies
and Enforcement Actions
FCA–PS–80 Cooperative Operating
Philosophy—Serving the Members
of Farm Credit System Institutions
FCA–PS–81 Ethics, Independence,
Arm’s-Length Role, Ex Parte
Communications and Open
Government
Dated: October 16, 2014.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2014–25131 Filed 10–21–14; 8:45 am]
BILLING CODE 6705–01–P
E:\FR\FM\22OCR1.SGM
22OCR1
Agencies
[Federal Register Volume 79, Number 204 (Wednesday, October 22, 2014)]
[Rules and Regulations]
[Page 63033]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-25131]
-----------------------------------------------------------------------
FARM CREDIT ADMINISTRATION
12 CFR Chapter VI
Farm Credit Administration Board Policy Statements
AGENCY: Farm Credit Administration.
ACTION: Notice of policy statements and index.
-----------------------------------------------------------------------
SUMMARY: The Farm Credit Administration (FCA), as part of its annual
public notification process, is publishing for notice an index of the
18 Board policy statements currently in existence. Most of the policy
statements remain unchanged since our last Federal Register notice on
October 24, 2013 (78 FR 63380), except for one with minor updates on
Equal Employment Opportunity and Diversity.
DATES: October 22, 2014.
FOR FURTHER INFORMATION CONTACT: Dale L. Aultman, Secretary to Board,
Farm Credit Administration, 1501 Farm Credit Drive, McLean Virginia
22102-5090, (703) 883-4009, TTY (703) 883-4056; or Wendy R. Laguarda,
Assistant General Counsel, Office of General Counsel, Farm Credit
Administration, 1501 Farm Credit Drive, McLean Virginia 22102-5090,
(703) 883-4020, TTY (703) 883-4020.
SUPPLEMENTARY INFORMATION: A list of the 18 FCA Board policy statements
is set forth below. FCA Board policy statements may be viewed online at
www.fca.gov/handbook.nsf.
On August 20, 2014, the FCA Board reaffirmed, and made minor
updates only, to FCA-PS-62 on, ``Equal Employment Opportunity and
Diversity.'' The changes were grammatical in nature.
The policy was published in the Federal Register on August 26, 2014
(79 FR 50908). The FCA will continue to publish new or revised policy
statements in their full text.
FCA Board Policy Statements
FCA-PS-34 Disclosure of the Issuance and Termination of Enforcement
Documents
FCA-PS-37 Communications During Rulemaking
FCA-PS-41 Alternative Means of Dispute Resolution
FCA-PS-44 Travel
FCA-PS-53 Examination Philosophy
FCA-PS-59 Regulatory Philosophy
FCA-PS-62 Equal Employment Opportunity and Diversity
FCA-PS-64 Rules for the Transaction of Business of the Farm Credit
Administration Board
FCA-PS-65 Release of Consolidated Reporting System Information
FCA-PS-67 Nondiscrimination on the Basis of Disability in Agency
Programs and Activities
FCA-PS-68 FCS Building Association Management Operations Policies and
Practices
FCA-PS-71 Disaster Relief Efforts by Farm Credit Institutions
FCA-PS-72 Financial Institution Rating System (FIRS)
FCA-PS-77 Borrower Privacy
FCA-PS-78 Official Names of Farm Credit Institutions
FCA-PS-79 Consideration and Referral of Supervisory Strategies and
Enforcement Actions
FCA-PS-80 Cooperative Operating Philosophy--Serving the Members of Farm
Credit System Institutions
FCA-PS-81 Ethics, Independence, Arm's-Length Role, Ex Parte
Communications and Open Government
Dated: October 16, 2014.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2014-25131 Filed 10-21-14; 8:45 am]
BILLING CODE 6705-01-P