Regulatory Capital Rules: Regulatory Capital, Implementation of Tier 1/Tier 2 Framework, 35888-35889 [2015-15348]

Download as PDF mstockstill on DSK4VPTVN1PROD with PROPOSALS 35888 Federal Register / Vol. 80, No. 120 / Tuesday, June 23, 2015 / Proposed Rules using when considering new or amended energy conservation standards for fluorescent lamp ballasts. The focus of the public meeting noted above will be to discuss the information presented and issues identified in the Framework Document. At the public meeting, DOE will make presentations and invite discussion on the rulemaking process as it applies to fluorescent lamp ballasts. DOE will also solicit comments, data, and information from participants and other interested parties. DOE is planning to conduct in-depth technical analyses in the following areas: (1) Engineering; (2) energy use; (3) product price; (4) life-cycle cost and payback period; (5) national impacts; (6) manufacturer impacts; (7) emission impacts; (8) utility impacts; (9) employment impacts; and (10) regulatory impacts. DOE will also conduct several other analyses that support those previously listed, including the market and technology assessment, the screening analysis (which contributes to the engineering analysis), and the shipments analysis (which contributes to the national impact analysis). DOE encourages those who wish to participate in the public meeting to obtain the Framework Document and to be prepared to discuss its contents. A copy of the Framework Document is available at: https:// www1.eere.energy.gov/buildings/ appliance_standards/ rulemaking.aspx?ruleid=110. Public meeting participants need not limit their comments to the issues identified in the Framework Document. DOE is also interested in comments on other relevant issues that participants believe would affect energy conservation standards for these products, applicable test procedures, or the preliminary determination on the scope of coverage. DOE invites all interested parties, whether or not they participate in the public meeting, to submit in writing by August 7, 2015, comments and information on matters addressed in the Framework Document and on other matters relevant to DOE’s consideration of coverage of and standards for fluorescent lamp ballasts. The public meeting will be conducted in an informal, facilitated, conference style. There shall be no discussion of proprietary information, costs or prices, market shares, or other commercial matters regulated by U.S. antitrust laws. A court reporter will record the proceedings of the public meeting, after which a transcript will be available for purchase from the court reporter and placed on the DOE Web site at: https:// www1.eere.energy.gov/buildings/ VerDate Sep<11>2014 16:48 Jun 22, 2015 Jkt 235001 appliance_standards/ rulemaking.aspx?ruleid=110. After the public meeting and the close of the comment period on the Framework Document, DOE will collect data, conduct the analyses as discussed in the Framework Document and at the public meeting, and review the public comments it receives. DOE considers public participation to be a very important part of the process for determining whether to establish or amend energy conservation standards and, if so, in setting those new or amended standards. DOE actively encourages the participation and interaction of the public during the comment period at each stage of the rulemaking process. Beginning with the Framework Document, and during each subsequent public meeting and comment period, interactions with and among members of the public provide a balanced discussion of the issues to assist DOE in the standards rulemaking process. Accordingly, anyone who wishes to participate in the public meeting, receive meeting materials, or be added to the DOE mailing list to receive future notices and information about this rulemaking should contact Ms. Brenda Edwards at (202) 586–2945, or via email at Brenda.Edwards@ ee.doe.gov. Issued in Washington, DC, on June 17, 2015. Kathleen B. Hogan, Deputy Assistant Secretary for Energy Efficiency, Energy Efficiency and Renewable Energy. [FR Doc. 2015–15383 Filed 6–22–15; 8:45 am] BILLING CODE 6450–01–P FARM CREDIT ADMINISTRATION 12 CFR Parts 607, 614, 615, 620 and 628 RIN 3052–AC81 Regulatory Capital Rules: Regulatory Capital, Implementation of Tier 1/Tier 2 Framework Farm Credit Administration. Proposed rule; reopening of comment period. AGENCY: ACTION: The Farm Credit Administration (FCA or we) is reopening the comment period on the proposed rule that would revise our regulatory capital requirements for Farm Credit System (System) institutions to include tier 1 and tier 2 risk-based capital ratio requirements, a tier 1 leverage requirement, a capital conservation buffer, revised risk SUMMARY: PO 00000 Frm 00019 Fmt 4702 Sfmt 4702 weightings, and additional public disclosure requirements. DATES: You may send us comments from June 26, 2015, through July 10, 2015. ADDRESSES: For accuracy and efficiency reasons, please submit comments by email or through the FCA’s Web site. We do not accept comments submitted by facsimile (fax), as faxes are difficult for us to process in compliance with section 508 of the Rehabilitation Act. Please do not submit your comment multiple times via different methods. You may submit comments by any of the following methods: • Email: Send us an email at regcomm@fca.gov. • FCA Web site: https://www.fca.gov. Select ‘‘Public Commenters,’’ then ‘‘Public Comments,’’ and follow the directions for ‘‘Submitting a Comment.’’ • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • Mail: Barry F. Mardock, Deputy Director, Office of Regulatory Policy, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102–5090. You may review copies of all comments we receive at our office in McLean, Virginia, or from our Web site at https://www.fca.gov. Once you are in the Web site, select ‘‘Public Commenters,’’ then ‘‘Public Comments,’’ and follow the directions for ‘‘Reading Submitted Public Comments.’’ We will show your comments as submitted, but for technical reasons we may omit items such as logos and special characters. Identifying information you provide, such as phone numbers and addresses, will be publicly available. However, we will attempt to remove email addresses to help reduce Internet spam. FOR FURTHER INFORMATION CONTACT: J.C. Floyd, Associate Director, Finance and Capital Markets Team, Office of Regulatory Policy, Farm Credit Administration, McLean, VA 22102– 5090, (720) 213–0924, TTY (703) 883– 4056; or Rebecca S. Orlich, Senior Counsel, or Jennifer A. Cohn, Senior Counsel, Office of General Counsel, Farm Credit Administration, McLean, VA 22102–5090, (703) 883–4020, TTY (703) 883–4056. SUPPLEMENTARY INFORMATION: On September 4, 2014, FCA published a proposed rule to revise our regulatory capital requirements for Farm Credit System (System) institutions to establish tier 1/tier 2 risk-based capital ratio requirements (replacing core surplus and total surplus ratios), a tier 1 E:\FR\FM\23JNP1.SGM 23JNP1 Federal Register / Vol. 80, No. 120 / Tuesday, June 23, 2015 / Proposed Rules leverage ratio requirement (replacing a net collateral requirement for System banks), a capital conservation buffer, revised risk weightings, and additional publish disclosure requirements.1 The revisions to the risk weightings would include replacing references to credit ratings with alternative risk measurements, as required by the DoddFrank Wall Street Reform and Consumer Protection Act. The comment period on the proposed rule, after an extension, closed February 16, 2015.2 FCA received a letter dated March 30, 2015, from the Farm Credit Council, a trade association representing System institutions, requesting FCA to reopen the comment period. The Farm Credit Council stated that the reason for its request was to give System institutions the opportunity to meet with FCA Board members that joined the FCA Board on March 13 and 17, 2015, in order to discuss the proposed rule. In response to this request, we are reopening the comment period on June 26 through July 10, 2015. Because the proposed rule contains significant revisions to the regulatory capital framework in existing FCA regulations, we believe it is important to give interested parties additional time to provide comments to the FCA Board. Reopening the comment period will ensure transparency in the process. Dated: June 17, 2015. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2015–15348 Filed 6–22–15; 8:45 am] BILLING CODE 6705–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration 14 CFR Part 71 [Docket No. FAA–2015–1089; Airspace Docket No. 15–ANM–11] Proposed Amendment of Class E Airspace; Douglas, WY Federal Aviation Administration (FAA), DOT. ACTION: Notice of proposed rulemaking (NPRM). AGENCY: This action proposes to modify Class E airspace at Converse County Airport, Douglas, WY. After a review of the airspace, the FAA found it necessary to modify the airspace to enhance the safety and management of mstockstill on DSK4VPTVN1PROD with PROPOSALS SUMMARY: 1 79 FR 52814 (September 4, 2014). original comment period of 120 days was extended an additional 45 days. See 79 FR 76927 (December 23, 2014). 2 The VerDate Sep<11>2014 16:48 Jun 22, 2015 Jkt 235001 Instrument Flight Rules (IFR) operations for Standard Instrument Approach Procedures (SIAPs) at the airport and to address inaccuracy identified by FAA Airspace Policy and Support that V–19, which is no longer located in the area, is used in the legal description of the airspace. DATES: Comments must be received on or before August 7, 2015. ADDRESSES: Send comments on this proposal to the U.S. Department of Transportation, Docket Operations, M– 30, West Building Ground Floor, Room W12–140, 1200 New Jersey Avenue SE., Washington, DC 20590; telephone (202) 366–9826. You must identify FAA Docket No. FAA–2015–1089; Airspace Docket No. 15–ANM–11, at the beginning of your comments. You may also submit comments through the Internet at https://www.regulations.gov. You may review the public docket containing the proposal, any comments received, and any final disposition in person in the Dockets Office between 9:00 a.m. and 5:00 p.m., Monday through Friday, except Federal holidays. The Docket Office (telephone 1–800– 647–5527), is on the ground floor of the building at the above address. FAA Order 7400.9Y, Airspace Designations and Reporting Points, and subsequent amendments can be viewed online at https://www.faa.gov/air_traffic/ publications/. The Order is also available for inspection at the National Archives and Records Administration (NARA). For information on the availability of this material at NARA, call 202–741–6030, or go to https:// www.archives.gov/federal_register/ code_of_federal-regulations/ibr_ locations.html. FAA Order 7400.9, Airspace Designations and Reporting Points, is published yearly and effective on September 15. For further information, you can contact the Airspace Policy and Regulations Group, Federal Aviation Administration, 800 Independence Avenue SW., Washington, DC, 20591; telephone: 202–267–8783. FOR FURTHER INFORMATION CONTACT: Steve Haga, Federal Aviation Administration, Operations Support Group, Western Service Center, 1601 Lind Avenue SW., Renton, WA 98057; telephone (425) 203–4563. SUPPLEMENTARY INFORMATION: Authority for This Rulemaking The FAA’s authority to issue rules regarding aviation safety is found in Title 49 of the U.S. Code. Subtitle 1, Section 106, describes the authority for the FAA Administrator. Subtitle VII, Aviation Programs, describes in more PO 00000 Frm 00020 Fmt 4702 Sfmt 4702 35889 detail the scope of the agency’s authority. This rulemaking is promulgated under the authority described in Subtitle VII, Part A, Subpart I, Section 40103. Under that section, the FAA is charged with prescribing regulations to assign the use of the airspace necessary to ensure the safety of aircraft and the efficient use of airspace. This regulation is within the scope of that authority as it would amend controlled airspace at Converse County Airport, Douglas, WY. Comments Invited Interested parties are invited to participate in this proposed rulemaking by submitting such written data, views, or arguments, as they may desire. Comments that provide the factual basis supporting the views and suggestions presented are particularly helpful in developing reasoned regulatory decisions on the proposal. Comments are specifically invited on the overall regulatory, aeronautical, economic, environmental, and energy-related aspects of the proposal. Communications should identify both docket numbers and be submitted in triplicate to the address listed above. Commenters wishing the FAA to acknowledge receipt of their comments on this notice must submit with those comments a self-addressed, stamped postcard on which the following statement is made: ‘‘Comments to Docket No. FAA–2015–1089; Airspace Docket No. 15–ANM–11.’’ The postcard will be date/time stamped and returned to the commenter. Availability of NPRMs An electronic copy of this document may be downloaded through the Internet at https://www.regulations.gov. Recently published rulemaking documents can also be accessed through the FAA’s Web page at https:// www.faa.gov/airports_airtraffic/air_ traffic/publications/airspace_ amendments/. You may review the public docket containing the proposal, any comments received, and any final disposition in person in the Dockets Office (see the ADDRESSES section for the address and phone number) between 9:00 a.m. and 5:00 p.m., Monday through Friday, except federal holidays. An informal docket may also be examined during normal business hours at the Northwest Mountain Regional Office of the Federal Aviation Administration, Air Traffic Organization, Western Service Center, Operations Support Group, 1601 Lind Avenue SW., Renton, WA 98057. Persons interested in being placed on a mailing list for future NPRMs should E:\FR\FM\23JNP1.SGM 23JNP1

Agencies

[Federal Register Volume 80, Number 120 (Tuesday, June 23, 2015)]
[Proposed Rules]
[Pages 35888-35889]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-15348]


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FARM CREDIT ADMINISTRATION

12 CFR Parts 607, 614, 615, 620 and 628

RIN 3052-AC81


Regulatory Capital Rules: Regulatory Capital, Implementation of 
Tier 1/Tier 2 Framework

AGENCY: Farm Credit Administration.

ACTION: Proposed rule; reopening of comment period.

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SUMMARY: The Farm Credit Administration (FCA or we) is reopening the 
comment period on the proposed rule that would revise our regulatory 
capital requirements for Farm Credit System (System) institutions to 
include tier 1 and tier 2 risk-based capital ratio requirements, a tier 
1 leverage requirement, a capital conservation buffer, revised risk 
weightings, and additional public disclosure requirements.

DATES: You may send us comments from June 26, 2015, through July 10, 
2015.

ADDRESSES: For accuracy and efficiency reasons, please submit comments 
by email or through the FCA's Web site. We do not accept comments 
submitted by facsimile (fax), as faxes are difficult for us to process 
in compliance with section 508 of the Rehabilitation Act. Please do not 
submit your comment multiple times via different methods. You may 
submit comments by any of the following methods:
     Email: Send us an email at reg-comm@fca.gov.
     FCA Web site: https://www.fca.gov. Select ``Public 
Commenters,'' then ``Public Comments,'' and follow the directions for 
``Submitting a Comment.''
     Federal eRulemaking Portal: https://www.regulations.gov. 
Follow the instructions for submitting comments.
     Mail: Barry F. Mardock, Deputy Director, Office of 
Regulatory Policy, Farm Credit Administration, 1501 Farm Credit Drive, 
McLean, VA 22102-5090.
    You may review copies of all comments we receive at our office in 
McLean, Virginia, or from our Web site at https://www.fca.gov. Once you 
are in the Web site, select ``Public Commenters,'' then ``Public 
Comments,'' and follow the directions for ``Reading Submitted Public 
Comments.'' We will show your comments as submitted, but for technical 
reasons we may omit items such as logos and special characters. 
Identifying information you provide, such as phone numbers and 
addresses, will be publicly available. However, we will attempt to 
remove email addresses to help reduce Internet spam.

FOR FURTHER INFORMATION CONTACT:
J.C. Floyd, Associate Director, Finance and Capital Markets Team, 
Office of Regulatory Policy, Farm Credit Administration, McLean, VA 
22102-5090, (720) 213-0924, TTY (703) 883-4056;

or

Rebecca S. Orlich, Senior Counsel, or Jennifer A. Cohn, Senior Counsel, 
Office of General Counsel, Farm Credit Administration, McLean, VA 
22102-5090, (703) 883-4020, TTY (703) 883-4056.

SUPPLEMENTARY INFORMATION: On September 4, 2014, FCA published a 
proposed rule to revise our regulatory capital requirements for Farm 
Credit System (System) institutions to establish tier 1/tier 2 risk-
based capital ratio requirements (replacing core surplus and total 
surplus ratios), a tier 1

[[Page 35889]]

leverage ratio requirement (replacing a net collateral requirement for 
System banks), a capital conservation buffer, revised risk weightings, 
and additional publish disclosure requirements.\1\ The revisions to the 
risk weightings would include replacing references to credit ratings 
with alternative risk measurements, as required by the Dodd-Frank Wall 
Street Reform and Consumer Protection Act. The comment period on the 
proposed rule, after an extension, closed February 16, 2015.\2\
---------------------------------------------------------------------------

    \1\ 79 FR 52814 (September 4, 2014).
    \2\ The original comment period of 120 days was extended an 
additional 45 days. See 79 FR 76927 (December 23, 2014).
---------------------------------------------------------------------------

    FCA received a letter dated March 30, 2015, from the Farm Credit 
Council, a trade association representing System institutions, 
requesting FCA to reopen the comment period. The Farm Credit Council 
stated that the reason for its request was to give System institutions 
the opportunity to meet with FCA Board members that joined the FCA 
Board on March 13 and 17, 2015, in order to discuss the proposed rule.
    In response to this request, we are reopening the comment period on 
June 26 through July 10, 2015. Because the proposed rule contains 
significant revisions to the regulatory capital framework in existing 
FCA regulations, we believe it is important to give interested parties 
additional time to provide comments to the FCA Board. Reopening the 
comment period will ensure transparency in the process.

    Dated: June 17, 2015.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2015-15348 Filed 6-22-15; 8:45 am]
 BILLING CODE 6705-01-P
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