Special Conditions: Bombardier Aerospace, Models BD-500-1A10 and BD-500-1A11 Series Airplanes; Airplane Electronic System Security Protection From Unauthorized External Access, 63299-63300 [2014-25241]
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Federal Register / Vol. 79, No. 205 / Thursday, October 23, 2014 / Rules and Regulations
wreier-aviles on DSK5TPTVN1PROD with RULES
in the laws discussed above may
nonetheless constitute a UDAAP.24
CFPB expects all servicers under its
jurisdiction, including those with
significant transfer volume, to maintain
a robust Compliance Management
System (CMS). A robust CMS must,
among other things, both ensure that
violations of Federal consumer financial
law do not occur during a transfer and
must contain mechanisms for promptly
identifying and remediating any
violations of Federal consumer financial
law that do occur. Entities with a robust
CMS have strong policies and
procedures, effective board oversight,
regular and properly directed training,
internal monitoring, external audits and
complaint review.
CFPB expects servicers that identify
any potential violations during a
transfer to undertake all necessary
corrective measures. Such corrective
measures should include both steps to
prevent the violation from occurring for
subsequently transferred loans and to
remediate any actual harm the violation
may have caused the consumer whose
loan was transferred. If the CFPB
determines that a servicer has engaged
in any acts or practices that violate the
new servicing rule, that are unfair,
deceptive, or abusive, or that otherwise
violate Federal consumer financial law,
it will take appropriate supervisory and
enforcement actions to address
violations and seek all appropriate
corrective measures, including
remediation of any harm to consumers.
In determining the appropriate action,
the CFPB will consider a variety of
factors, including the timeliness of
identification and the timeliness and
scope of remediation of the violation by
the servicer.
D. Plans for Handling Servicing
Transfers
As part of its efforts to focus
supervisory attention on the topics
described above, the CFPB will, in
appropriate cases, require servicers
engaged in significant servicing
transfers to prepare and submit written
plans to the CFPB detailing how they
will manage the associated consumer
risks. The CFPB will use these plans to
assess consumer risk and inform further
examination planning. Servicers do not
need approval from the CFPB before
moving forward with servicing transfers
unless specifically required to do so
(e.g., by a consent order).
24 The CFPB Supervision and Examination
Manual provides further guidance on how the
UDAAP prohibition applies to supervised entities.
That examination manual is available at https://
www.consumerfinance.gov/guidance/supervision/
manual.
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15:42 Oct 22, 2014
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The information included in a plan
would depend on the circumstances of
the particular transfer. In general,
however, the CFPB will request
information regarding:
1. The number of loans involved in
the transfer;
2. The total servicing volume being
transferred (measured by unpaid
principal balance);
3. The name(s) of the servicing
platform(s) on which the transferor
stored all relevant account-level
information for transferred loans prior
to transfer and information about
compatibility with the transferee’s
systems;
4. A detailed description of how the
servicer will ensure that it is complying
with the applicable new servicing rule
provisions on transfers;
5. A detailed description of the
transaction and system testing to be
conducted to ensure accurate transfer of
electronic information and a description
of the summary report resulting from
the transferee or transferor’s testing;
6. A description of how the transferee
will identify and correct errors
identified in connection with the
transfer, including a specified time
period for reviewing files and resolving
errors;
7. A description of the training plan
and actual training materials for staff
involved in reviewing, assessing,
utilizing, or communicating information
regarding the transferred loans; and
8. A customer-service plan, specific to
the transferred loans, that provides for
responding to loss mitigation requests or
inquiries and for identifying whether a
loan is subject to a pending loss
mitigation resolution or application.
IV. Regulatory Requirements
This Compliance Bulletin and Policy
Guidance is a non-binding compliance
bulletin and policy guidance
articulating considerations relevant to
the CFPB’s exercise of its supervisory
authority under Regulation X and
RESPA and reciting certain
requirements of Regulation X and other
Federal consumer financial laws
applicable to servicing transfers. It is
therefore exempt from the notice and
comment rulemaking requirements
under the Administrative Procedure Act
pursuant to 5 U.S.C. 553(b).
Because no notice of proposed
rulemaking is required, the Regulatory
Flexibility Act does not require an
initial or final regulatory flexibility
analysis. 5 U.S.C. 603(a), 604(a).
The CFPB has determined that this
Compliance Bulletin and Policy
Guidance does not impose any new or
revise any existing recordkeeping,
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63299
reporting, or disclosure requirements on
covered entities or members of the
public that would be collections of
information requiring OMB approval
under the Paperwork Reduction Act, 44
U.S.C. 3501, et seq.
Dated: October 7, 2014.
Richard Cordray,
Director, Bureau of Consumer Financial
Protection.
[FR Doc. 2014–24194 Filed 10–22–14; 8:45 am]
BILLING CODE 4810–AM–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 25
[Docket No. FAA–2014–0698; Special
Conditions No. 25–567–SC]
Special Conditions: Bombardier
Aerospace, Models BD–500–1A10 and
BD–500–1A11 Series Airplanes;
Airplane Electronic System Security
Protection From Unauthorized External
Access
Federal Aviation
Administration (FAA), DOT.
ACTION: Final special conditions;
corrections.
AGENCY:
This document corrects two
errors that appeared in Docket No.
FAA–2014–0698, Special Conditions
No. 25–567–SC, which was published in
the Federal Register on September 12,
2014 (79 FR 54574). There is an error in
the header information and in one
instance of one of the airplane model
numbers in the publication.
DATES: The effective date of this
correction is October 23, 2014.
FOR FURTHER INFORMATION CONTACT:
Varun Khanna, FAA, Airplane and
Flight Crew Interface Branch, ANM–
111,Transport Airplane Directorate,
Aircraft Certification Service, 1601 Lind
Avenue SW., Renton, Washington
98057–3356; telephone (425) 227–1298;
facsimile (425) 227–1149.
SUPPLEMENTARY INFORMATION: On
September 12, 2014, the Federal
Register published document
designated as ‘‘Docket No. FAA–2014–
0698, Notice No. 25–567–SC,’’ (79 FR
54574). The document issued special
conditions pertaining to network
security in the digital systems
architecture, access from external
sources, on the BD–500–1A10 and BD–
500–1A11 series airplanes.
As published, the document
contained two errors:
SUMMARY:
E:\FR\FM\23OCR1.SGM
23OCR1
63300
Federal Register / Vol. 79, No. 205 / Thursday, October 23, 2014 / Rules and Regulations
1. In the header of the document,
‘‘Notice No.’’ should have been ‘‘Special
Conditions No.’’
2. In one instance, one of the airplane
model numbers was published as ‘‘BD–
500–1A1’’ instead of ‘‘BD–500–1A11.’’
Correction
In Final special conditions document
(FR Doc. 2014–21789) published on
September 12, 2014 (79 FR 54574),
make the following corrections:
1. On page 54574, second column in
the header information, correct ‘‘Notice
No.’’ to read ‘‘Special Conditions No.’’
2. On page 54575, third column, last
line in the introductory text in the
section titled, ‘‘The Special
Conditions,’’ correct ‘‘BD–500–1A1’’ to
read ‘‘BD–500–1A11.’’
Issued in Renton, Washington, on October
16, 2014.
Michael Kaszycki,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. 2014–25241 Filed 10–22–14; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 25
[Docket No. FAA–2014–0666; Special
Conditions No. 25–566–SC]
Special Conditions: Bombardier
Aerospace, Models BD–500–1A10 and
BD–500–1A11 Series Airplanes;
Isolation or Airplane Electronic System
Security Protection From Unauthorized
Internal Access
wreier-aviles on DSK5TPTVN1PROD with RULES
15:42 Oct 22, 2014
Jkt 235001
Issued in Renton, Washington, on October
16, 2014.
Michael Kaszycki,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. 2014–25240 Filed 10–22–14; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF TRANSPORTATION
14 CFR Part 25
This document corrects two
errors that appeared in Docket No.
FAA–2014–0666, Special Conditions
No. 25–566–SC, which was published in
the Federal Register on September 12,
2014 (79 FR 54572). There is an error in
the header information and in one
instance of one of the airplane model
numbers in the publication.
DATES: The effective date of this
correction is October 23, 2014.
FOR FURTHER INFORMATION CONTACT:
Varun Khanna, FAA, Airplane and
Flight Crew Interface Branch, ANM–
111, Transport Airplane Directorate,
Aircraft Certification Service, 1601 Lind
Avenue SW., Renton, Washington
98057–3356; telephone (425) 227–1298;
facsimile (425) 227–1149.
VerDate Sep<11>2014
Correction
In Final special conditions document
(FR Doc. 2014–21788), published on
September 12, 2014 (79 FR 54572),
make the following corrections:
1. On page 54572, third column in the
header information, correct ‘‘Notice
No.’’ to read ‘‘Special Conditions No.’’
2. On page 54574, first column, last
line in the introductory text of the
section titled, ‘‘The Special
Conditions,’’ correct ‘‘BD–500–1A1’’ to
read ‘‘BD–500–1A11.’’
Federal Aviation Administration
Federal Aviation
Administration (FAA), DOT.
ACTION: Final special conditions;
corrections.
AGENCY:
SUMMARY:
On
September 12, 2014, the Federal
Register published document
designated as ‘‘Docket No. FAA–2014–
0666, Notice No. 25–566–SC,’’ (79 FR
54572). The document issued special
conditions pertaining to network
security in the digital systems
architecture, access from internal
sources, on the BD–500–1A10 and BD–
500–1A11 series airplanes.
As published, the document
contained two errors:
1. In the header of the document,
‘‘Notice No.’’ should have been ‘‘Special
Conditions No.’’
2. In one instance, the airplane model
number was published as ‘‘BD–500–
1A1’’ instead of ‘‘BD–500–1A11.’’
SUPPLEMENTARY INFORMATION:
[Docket No. FAA–2014–0434; Special
Conditions No. 25–544–SC]
Special Conditions: Bombardier
Aerospace, Models BD–500–1A10 and
BD–500–1A11; Composite Wing and
Fuel Tank Structure Post-Crash Fire
Survivability
Federal Aviation
Administration (FAA), DOT.
ACTION: Final special conditions.
AGENCY:
These special conditions are
issued for the Bombardier Aerospace,
Models BD–500–1A10 and BD–500–
1A11 series airplanes. These airplanes
will have novel or unusual design
features when compared to the state of
technology envisioned in the
airworthiness standards for transport
category airplanes. These design
SUMMARY:
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Fmt 4700
Sfmt 4700
features are composite materials used in
the construction of the fuel tank skin
and structure, which may behave
differently in a post-crash fire than
traditional aluminum construction.
These special conditions contain the
additional safety standards that the
Administrator considers necessary to
establish a level of safety equivalent to
that established by the existing
airworthiness standards.
DATES: Effective Date: This action is
effective on November 24, 2014.
FOR FURTHER INFORMATION CONTACT:
Alan Sinclair, FAA, Airframe and Cabin
Safety Branch, ANM–115 Transport
Airplane Directorate, Aircraft
Certification Service, 1601 Lind Avenue
SW., Renton, Washington 98057–3356;
telephone 425–227–2195; facsimile
425–227–1232.
SUPPLEMENTARY INFORMATION:
Background
On December 10, 2009, Bombardier
Aerospace applied for a type certificate
for their new Models BD–500–1A10 and
BD–500–1A11 series airplanes (hereafter
collectively referred to as ‘‘CSeries’’).
The CSeries airplanes are swept-wing
monoplanes with an aluminum alloy
fuselage sized for 5-abreast seating.
Passenger capacity is designated as 110
for the Model BD–500–1A10 and 125 for
the Model BD–500–1A11. Maximum
takeoff weight is 131,000 pounds for the
Model BD–500–1A10 and 144,000
pounds for the Model BD–500–1A11.
Conventional airplanes with
aluminum skin and structure provide a
well-understood level of safety during
post-crash fire scenarios with respect to
fuel tanks. This is based on service
history and extensive full-scale fire
testing. The CSeries airplanes will not
be fabricated primarily with aluminum
for the fuel tank structure. Instead, they
will be fabricated using predominantly
composite structure and skin for the
wings and fuel tanks. Composites may
or may not have the equivalent
capability of aluminum, and current
regulations do not provide objective
performance requirements for wing and
fuel tank structure with respect to postcrash fire safety. Because the use of
composite structure is novel and
unusual with respect to the designs
envisioned when the applicable
regulations were promulgated,
additional tests and analyses
substantiation will be required to show
that the CSeries airplanes will provide
an acceptable level of safety with
respect to the performance of the wings
and fuel tanks during an external fuelfed fire.
E:\FR\FM\23OCR1.SGM
23OCR1
Agencies
[Federal Register Volume 79, Number 205 (Thursday, October 23, 2014)]
[Rules and Regulations]
[Pages 63299-63300]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-25241]
=======================================================================
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DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 25
[Docket No. FAA-2014-0698; Special Conditions No. 25-567-SC]
Special Conditions: Bombardier Aerospace, Models BD-500-1A10 and
BD-500-1A11 Series Airplanes; Airplane Electronic System Security
Protection From Unauthorized External Access
AGENCY: Federal Aviation Administration (FAA), DOT.
ACTION: Final special conditions; corrections.
-----------------------------------------------------------------------
SUMMARY: This document corrects two errors that appeared in Docket No.
FAA-2014-0698, Special Conditions No. 25-567-SC, which was published in
the Federal Register on September 12, 2014 (79 FR 54574). There is an
error in the header information and in one instance of one of the
airplane model numbers in the publication.
DATES: The effective date of this correction is October 23, 2014.
FOR FURTHER INFORMATION CONTACT: Varun Khanna, FAA, Airplane and Flight
Crew Interface Branch, ANM-111,Transport Airplane Directorate, Aircraft
Certification Service, 1601 Lind Avenue SW., Renton, Washington 98057-
3356; telephone (425) 227-1298; facsimile (425) 227-1149.
SUPPLEMENTARY INFORMATION: On September 12, 2014, the Federal Register
published document designated as ``Docket No. FAA-2014-0698, Notice No.
25-567-SC,'' (79 FR 54574). The document issued special conditions
pertaining to network security in the digital systems architecture,
access from external sources, on the BD-500-1A10 and BD-500-1A11 series
airplanes.
As published, the document contained two errors:
[[Page 63300]]
1. In the header of the document, ``Notice No.'' should have been
``Special Conditions No.''
2. In one instance, one of the airplane model numbers was published
as ``BD-500-1A1'' instead of ``BD-500-1A11.''
Correction
In Final special conditions document (FR Doc. 2014-21789) published
on September 12, 2014 (79 FR 54574), make the following corrections:
1. On page 54574, second column in the header information, correct
``Notice No.'' to read ``Special Conditions No.''
2. On page 54575, third column, last line in the introductory text
in the section titled, ``The Special Conditions,'' correct ``BD-500-
1A1'' to read ``BD-500-1A11.''
Issued in Renton, Washington, on October 16, 2014.
Michael Kaszycki,
Acting Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2014-25241 Filed 10-22-14; 8:45 am]
BILLING CODE 4910-13-P