FCA Organization; Updates and Technical Corrections, 47691-47692 [2016-16962]
Download as PDF
Federal Register / Vol. 81, No. 141 / Friday, July 22, 2016 / Rules and Regulations
FARM CREDIT ADMINISTRATION
12 CFR Parts 600, 602, 603, and 606
RIN 3052–AD17
FCA Organization; Updates and
Technical Corrections
Farm Credit Administration.
Final rule.
AGENCY:
ACTION:
The Farm Credit
Administration (FCA or Agency) issues
a final rule amending its regulations to
reflect changes in the Agency’s
organizational structure and correct the
zip code for the field office located in
Irving, TX.
DATES: This regulation will become
effective no earlier than 30 days after
publication in the Federal Register
during which either one or both Houses
of Congress are in session. We will
publish a notice of the effective date in
the Federal Register.
FOR FURTHER INFORMATION CONTACT:
Mike Wilson, Policy Analyst, Office of
Regulatory Policy, Farm Credit
Administration, McLean, VA 22102–
5090, (703) 883–4124, TTY (703) 883–
4434; or Autumn Agans, AttorneyAdvisor, Office of General Counsel,
Farm Credit Administration, McLean,
Virginia 22102–5090, (703) 883–4020,
TTY (703) 883–4020.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Objectives
The objective of this final rule is to
reflect changes to the FCA’s
organizational structure and correct the
zip code for the field office located in
Irving, TX. In addition, references in our
regulations to various FCA offices,
which have changed, have been revised.
We also are re-ordering the list of FCA
offices into a more logical progression
that is consistent with FCA’s
organizational chart.
II. Overview
ehiers on DSK5VPTVN1PROD with RULES
On April 27, 2016, the FCA Board
approved an organizational chart that
separated the unrelated functions of the
Office of Management Services (OMS)
into the Office of Agency Services
(OAS) and the Office of the Chief
Financial Officer (OCFO). This change
will allow the Directors of the new
offices to better focus on the core
functions and duties of the offices.
III. Organizational Structure
The Freedom of Information Act, 5
U.S.C. 552, requires, in part, that each
Federal agency publish in the Federal
Register, for the guidance of the public,
a description of its organization
VerDate Sep<11>2014
14:57 Jul 21, 2016
Jkt 238001
structure. Accordingly, we revise our
regulations by:
(1) In § 600.2, changing the zip code
for the Irving, TX field office from
75602–3957 to 75062–3906;
(2) In § 600.4,
(a) Including the Office of the Chief
Financial Officer in FCA’s organization
structure;
(b) Including the Office of Agency
Services in FCA’s organizational
structure;
(c) Removing the Office of
Management Services from the FCA’s
organizational structure; and
(d) Re-ordering the list of FCA offices
into a more logical progression that is
consistent with FCA’s organizational
chart.
(3) In §§ 602.8, 603.340, and 606.670,
changing the Office of Management
Services to the Office of Agency
Services, and corresponding office name
abbreviations, where appropriate;
(4) In § 602.25, removing ‘‘Regulation
and Policy Division’’ and changing the
Office of Policy and Analysis to the
Office of Regulatory Policy.
IV. Certain Findings
We have determined that the
amendments involve Agency
management and personnel and other
minor technical changes. Therefore, the
amendments do not constitute a
rulemaking under the Administrative
Procedure Act (APA), 5 U.S.C. 551,
553(a)(2). Under the APA, the public
may participate in the promulgation of
rules that have a substantial impact on
the public. The amendments to our
regulations relate to Agency
management and personnel and a minor
technical change only and have no
direct impact on the public and,
therefore, do not require public
participation.
Even if these amendments were a
rulemaking under 5 U.S.C. 551,
553(a)(2) of the APA, we have
determined that notice and public
comment are unnecessary and contrary
to the public interest. Under 5 U.S.C.
553(b)(A) and (B) of the APA, an agency
may publish regulations in final form
when they involve matters of agency
organization or where the agency for
good cause finds that notice and public
comment are impracticable,
unnecessary, or contrary to the public
interest. As discussed above, these
amendments result from recent office
reorganizations. Because the
amendments will provide accurate and
current information on the organization
of the FCA and update the citation to
the Act, it would be contrary to the
public interest to delay amending the
regulations.
PO 00000
Frm 00003
Fmt 4700
Sfmt 4700
47691
V. Regulatory Flexibility Act
Pursuant to section 605(b) of the
Regulatory Flexibility Act (5 U.S.C. 601
et seq.), FCA hereby certifies that the
final rule will not have a significant
economic impact on a substantial
number of small entities. Each of the
banks in the Farm Credit System
(System), considered together with its
affiliated associations, has assets and
annual income in excess of the amounts
that would qualify them as small
entities. Therefore, System institutions
are not ‘‘small entities’’ as defined in the
Regulatory Flexibility Act.
List of Subjects
12 CFR Part 600
Organization and functions
(Government agencies).
12 CFR Part 602
Freedom of information.
12 CFR Part 603
Privacy.
12 CFR Part 606
Administrative practice and
procedure, Civil rights, Equal
employment opportunity, Federal
buildings and facilities, Individuals
with disabilities.
For the reasons stated in the
preamble, parts 600, 602, 603, and 606
of chapter VI, title 12 of the Code of
Federal Regulations are amended as
follows:
PART 600—ORGANIZATION AND
FUNCTIONS
1. The authority citation for part 600
continues to read as follows:
■
Authority: Secs. 5.7, 5.8, 5.9, 5.10, 5.11,
5.17, 8.11 of the Farm Credit Act (12 U.S.C.
2241, 2242, 2243, 2244, 2245, 2252, 2279aa–
11).
§ 600.2
[Amended]
2. Amend § 600.2 in paragraph (b) by
removing the zip code ‘‘75602–3957’’
and adding in its place the zip code
‘‘75062–3906.’’
■ 3. Revise § 600.4 to read as follows:
■
§ 600.4 Organization of the Farm Credit
Administration.
(a) Offices and functions. The primary
offices of the FCA are:
(1) Office of Inspector General. The
Office of Inspector General conducts
independent audits, inspections, and
investigations of Agency programs and
operations and reviews proposed
legislation and regulations.
(2) Secretary to the Board. The
Secretary to the Board serves as the
E:\FR\FM\22JYR1.SGM
22JYR1
ehiers on DSK5VPTVN1PROD with RULES
47692
Federal Register / Vol. 81, No. 141 / Friday, July 22, 2016 / Rules and Regulations
parliamentarian for the Board and keeps
permanent and complete records and
minutes of the acts and proceedings of
the Board.
(3) Equal Employment and Inclusion
Director. The Office of Equal
Employment and Inclusion manages
and directs the Agency-wide Diversity,
Inclusion, and Equal Employment
Opportunity Program for FCA and
FCSIC. The office serves as the chief
liaison with the Equal Employment
Opportunity Commission and the Office
of Personnel Management on all EEO,
diversity, and inclusion issues. The
office provides counsel and leadership
to Agency management to carry out its
continuing policy and program of
nondiscrimination, affirmative action,
and diversity.
(4) Designated Agency Ethics Official.
The Designated Agency Ethics Official
is designated by the FCA Chairman to
administer the provisions of title I of the
Ethics in Government Act of 1978, as
amended, to coordinate and manage
FCA’s ethics program and to provide
liaison to the Office of Government
Ethics with regard to all aspects of
FCA’s ethics program.
(5) Office of Congressional and Public
Affairs. The Office of Congressional and
Public Affairs performs Congressional
liaison duties and coordinates and
disseminates Agency communications.
(6) Office of Secondary Market
Oversight. The Office of Secondary
Market Oversight regulates and
examines the Federal Agricultural
Mortgage Corporation for safety and
soundness and compliance with law
and regulations.
(7) Office of the Chief Operating
Officer. The Chief Operating Officer has
broad responsibility for planning,
directing, and controlling the operations
of the Offices of Management Services,
Examination, Regulatory Policy, and
General Counsel in accordance with the
operating philosophy and policies of the
FCA Board.
(8) Office of Agency Services. The
Office of Agency Services manages
human capital and administrative
services for the Agency. This includes
providing the following services to the
Agency: Staffing and placement, job
evaluation, compensation and benefits,
payroll administration, performance
management and awards, employee
relations, employee training and
development, contracting, acquisitions,
records and property management,
supply services, agency purchase cards,
design, publication, and mail service.
(9) Office of the Chief Financial
Officer. The Office of the Chief
Financial Officer manages and delivers
timely, accurate, and reliable financial
VerDate Sep<11>2014
16:28 Jul 21, 2016
Jkt 238001
services to the Agency. The office
establishes financial policies and
procedures and oversees the
formulation and execution of the
Agency’s budget. The office reports
periodically on the status of the
Agency’s financial position, results of
operations, and budgetary resources. It
also oversees the Agency’s travel
management, internal controls, and
personnel security programs.
(10) Office of Regulatory Policy. The
Office of Regulatory Policy develops
policies and regulations for the FCA
Board’s consideration; evaluates
regulatory and statutory prior approvals;
manages the Agency’s chartering
activities; and analyzes policy and
strategic risks to the System.
(11) Office of Examination. The Office
of Examination evaluates the safety and
soundness of FCS institutions and their
compliance with law and regulations
and manages FCA’s enforcement and
supervision functions.
(12) Office of Information Technology.
The Office of Information Technology
manages and delivers the Agency’s
information technology, data analysis
infrastructure, and the security
supporting Agency technology
resources.
(13) Office of General Counsel. The
Office of General Counsel provides legal
advice and services to the FCA
Chairman, the FCA Board, and Agency
staff.
(b) Additional information. You may
obtain more information on the FCA’s
organization by visiting our Web site at
https://www.fca.gov. You may also
contact the Office of Congressional and
Public Affairs:
(1) In writing at FCA, 1501 Farm
Credit Drive, McLean, Virginia 22102–
5090;
(2) By email at info-line@fca.gov; or
(3) By telephone at (703) 883–4056.
PART 602—RELEASING
INFORMATION
4. The authority citation for part 602
continues to read as follows:
Authority: Secs. 5.9, 5.17, 5.59 of the Farm
Credit Act (12 U.S.C. 2243, 2252, 2277a–8);
5 U.S.C. 301, 552; 12 U.S.C. 1821(t); 52 FR
10012; E.O. 12600; 52 FR 23781, 3 CFR 1987,
p. 235.
[Amended]
5. Amend § 602.8 as follows:
a. In the second sentence of paragraph
(a), by removing the words ‘‘Office of
Management Services (OMS)’’ and
adding in their place the words ‘‘Office
of Agency Services (OAS).’’
■ b. In paragraphs (b) and (c), by
removing the abbreviation ‘‘OMS’’ and
■
■
PO 00000
Frm 00004
Fmt 4700
Sfmt 4700
§ 602.25
[Amended]
6. Amend § 602.25 by removing the
words ‘‘Regulation and Policy Division,
Office of Policy and Analysis’’ and
adding in their place the words ‘‘Office
of Regulatory Policy.’’
■
PART 603—PRIVACY ACT
REGULATIONS
7. The authority citation for part 603
continues to read as follows:
■
Authority: Secs. 5.9, 5.17 of the Farm
Credit Act (12 U.S.C. 2243, 2252); 5 U.S.C.
app. 3, 5 U.S.C. 552a(j)(2) and (k)(2).
§ 603.340
[Amended]
8. Amend § 603.340 in paragraphs (a)
and (b) by removing the words ‘‘Office
of Management Services’’ and adding in
their place the words ‘‘Office of Agency
Services’’ each place they appear.
■
PART 606—ENFORCEMENT OF
NONDISCRIMINATION ON THE BASIS
OF HANDICAP IN PROGRAMS OR
ACTIVITIES CONDUCTED BY THE
FARM CREDIT ADMINISTRATION
9. The authority citation for part 606
continues to read as follows:
■
Authority: 29 U.S.C. 794.
§ 606.670
[Amended]
10. Amend § 606.670 in paragraph (c)
by removing the words ‘‘Office of
Management Services’’ and adding in
their place the words ‘‘Office of Agency
Services.’’
■
Dated: July 13, 2016.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2016–16962 Filed 7–21–16; 8:45 am]
BILLING CODE 6705–01–P
FEDERAL RESERVE SYSTEM
■
§ 602.8
adding in its place the abbreviation
‘‘OAS’’ each place it appears.
12 CFR Chapter II
[Docket No. OP–1544]
Federal Reserve Policy on Payment
System Risk; Procedures for
Measuring Daylight Overdrafts
Board of Governors of the
Federal Reserve System.
ACTION: Policy statement.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) has
revised part II of the Federal Reserve
Policy on Payment System Risk (PSR
policy) related to the procedures for
measuring balances intraday in
institutions’ accounts at the Federal
SUMMARY:
E:\FR\FM\22JYR1.SGM
22JYR1
Agencies
[Federal Register Volume 81, Number 141 (Friday, July 22, 2016)]
[Rules and Regulations]
[Pages 47691-47692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16962]
[[Page 47691]]
=======================================================================
-----------------------------------------------------------------------
FARM CREDIT ADMINISTRATION
12 CFR Parts 600, 602, 603, and 606
RIN 3052-AD17
FCA Organization; Updates and Technical Corrections
AGENCY: Farm Credit Administration.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Farm Credit Administration (FCA or Agency) issues a final
rule amending its regulations to reflect changes in the Agency's
organizational structure and correct the zip code for the field office
located in Irving, TX.
DATES: This regulation will become effective no earlier than 30 days
after publication in the Federal Register during which either one or
both Houses of Congress are in session. We will publish a notice of the
effective date in the Federal Register.
FOR FURTHER INFORMATION CONTACT: Mike Wilson, Policy Analyst, Office of
Regulatory Policy, Farm Credit Administration, McLean, VA 22102-5090,
(703) 883-4124, TTY (703) 883-4434; or Autumn Agans, Attorney-Advisor,
Office of General Counsel, Farm Credit Administration, McLean, Virginia
22102-5090, (703) 883-4020, TTY (703) 883-4020.
SUPPLEMENTARY INFORMATION:
I. Objectives
The objective of this final rule is to reflect changes to the FCA's
organizational structure and correct the zip code for the field office
located in Irving, TX. In addition, references in our regulations to
various FCA offices, which have changed, have been revised. We also are
re-ordering the list of FCA offices into a more logical progression
that is consistent with FCA's organizational chart.
II. Overview
On April 27, 2016, the FCA Board approved an organizational chart
that separated the unrelated functions of the Office of Management
Services (OMS) into the Office of Agency Services (OAS) and the Office
of the Chief Financial Officer (OCFO). This change will allow the
Directors of the new offices to better focus on the core functions and
duties of the offices.
III. Organizational Structure
The Freedom of Information Act, 5 U.S.C. 552, requires, in part,
that each Federal agency publish in the Federal Register, for the
guidance of the public, a description of its organization structure.
Accordingly, we revise our regulations by:
(1) In Sec. 600.2, changing the zip code for the Irving, TX field
office from 75602-3957 to 75062-3906;
(2) In Sec. 600.4,
(a) Including the Office of the Chief Financial Officer in FCA's
organization structure;
(b) Including the Office of Agency Services in FCA's organizational
structure;
(c) Removing the Office of Management Services from the FCA's
organizational structure; and
(d) Re-ordering the list of FCA offices into a more logical
progression that is consistent with FCA's organizational chart.
(3) In Sec. Sec. 602.8, 603.340, and 606.670, changing the Office
of Management Services to the Office of Agency Services, and
corresponding office name abbreviations, where appropriate;
(4) In Sec. 602.25, removing ``Regulation and Policy Division''
and changing the Office of Policy and Analysis to the Office of
Regulatory Policy.
IV. Certain Findings
We have determined that the amendments involve Agency management
and personnel and other minor technical changes. Therefore, the
amendments do not constitute a rulemaking under the Administrative
Procedure Act (APA), 5 U.S.C. 551, 553(a)(2). Under the APA, the public
may participate in the promulgation of rules that have a substantial
impact on the public. The amendments to our regulations relate to
Agency management and personnel and a minor technical change only and
have no direct impact on the public and, therefore, do not require
public participation.
Even if these amendments were a rulemaking under 5 U.S.C. 551,
553(a)(2) of the APA, we have determined that notice and public comment
are unnecessary and contrary to the public interest. Under 5 U.S.C.
553(b)(A) and (B) of the APA, an agency may publish regulations in
final form when they involve matters of agency organization or where
the agency for good cause finds that notice and public comment are
impracticable, unnecessary, or contrary to the public interest. As
discussed above, these amendments result from recent office
reorganizations. Because the amendments will provide accurate and
current information on the organization of the FCA and update the
citation to the Act, it would be contrary to the public interest to
delay amending the regulations.
V. Regulatory Flexibility Act
Pursuant to section 605(b) of the Regulatory Flexibility Act (5
U.S.C. 601 et seq.), FCA hereby certifies that the final rule will not
have a significant economic impact on a substantial number of small
entities. Each of the banks in the Farm Credit System (System),
considered together with its affiliated associations, has assets and
annual income in excess of the amounts that would qualify them as small
entities. Therefore, System institutions are not ``small entities'' as
defined in the Regulatory Flexibility Act.
List of Subjects
12 CFR Part 600
Organization and functions (Government agencies).
12 CFR Part 602
Freedom of information.
12 CFR Part 603
Privacy.
12 CFR Part 606
Administrative practice and procedure, Civil rights, Equal
employment opportunity, Federal buildings and facilities, Individuals
with disabilities.
For the reasons stated in the preamble, parts 600, 602, 603, and
606 of chapter VI, title 12 of the Code of Federal Regulations are
amended as follows:
PART 600--ORGANIZATION AND FUNCTIONS
0
1. The authority citation for part 600 continues to read as follows:
Authority: Secs. 5.7, 5.8, 5.9, 5.10, 5.11, 5.17, 8.11 of the
Farm Credit Act (12 U.S.C. 2241, 2242, 2243, 2244, 2245, 2252,
2279aa-11).
Sec. 600.2 [Amended]
0
2. Amend Sec. 600.2 in paragraph (b) by removing the zip code ``75602-
3957'' and adding in its place the zip code ``75062-3906.''
0
3. Revise Sec. 600.4 to read as follows:
Sec. 600.4 Organization of the Farm Credit Administration.
(a) Offices and functions. The primary offices of the FCA are:
(1) Office of Inspector General. The Office of Inspector General
conducts independent audits, inspections, and investigations of Agency
programs and operations and reviews proposed legislation and
regulations.
(2) Secretary to the Board. The Secretary to the Board serves as
the
[[Page 47692]]
parliamentarian for the Board and keeps permanent and complete records
and minutes of the acts and proceedings of the Board.
(3) Equal Employment and Inclusion Director. The Office of Equal
Employment and Inclusion manages and directs the Agency-wide Diversity,
Inclusion, and Equal Employment Opportunity Program for FCA and FCSIC.
The office serves as the chief liaison with the Equal Employment
Opportunity Commission and the Office of Personnel Management on all
EEO, diversity, and inclusion issues. The office provides counsel and
leadership to Agency management to carry out its continuing policy and
program of nondiscrimination, affirmative action, and diversity.
(4) Designated Agency Ethics Official. The Designated Agency Ethics
Official is designated by the FCA Chairman to administer the provisions
of title I of the Ethics in Government Act of 1978, as amended, to
coordinate and manage FCA's ethics program and to provide liaison to
the Office of Government Ethics with regard to all aspects of FCA's
ethics program.
(5) Office of Congressional and Public Affairs. The Office of
Congressional and Public Affairs performs Congressional liaison duties
and coordinates and disseminates Agency communications.
(6) Office of Secondary Market Oversight. The Office of Secondary
Market Oversight regulates and examines the Federal Agricultural
Mortgage Corporation for safety and soundness and compliance with law
and regulations.
(7) Office of the Chief Operating Officer. The Chief Operating
Officer has broad responsibility for planning, directing, and
controlling the operations of the Offices of Management Services,
Examination, Regulatory Policy, and General Counsel in accordance with
the operating philosophy and policies of the FCA Board.
(8) Office of Agency Services. The Office of Agency Services
manages human capital and administrative services for the Agency. This
includes providing the following services to the Agency: Staffing and
placement, job evaluation, compensation and benefits, payroll
administration, performance management and awards, employee relations,
employee training and development, contracting, acquisitions, records
and property management, supply services, agency purchase cards,
design, publication, and mail service.
(9) Office of the Chief Financial Officer. The Office of the Chief
Financial Officer manages and delivers timely, accurate, and reliable
financial services to the Agency. The office establishes financial
policies and procedures and oversees the formulation and execution of
the Agency's budget. The office reports periodically on the status of
the Agency's financial position, results of operations, and budgetary
resources. It also oversees the Agency's travel management, internal
controls, and personnel security programs.
(10) Office of Regulatory Policy. The Office of Regulatory Policy
develops policies and regulations for the FCA Board's consideration;
evaluates regulatory and statutory prior approvals; manages the
Agency's chartering activities; and analyzes policy and strategic risks
to the System.
(11) Office of Examination. The Office of Examination evaluates the
safety and soundness of FCS institutions and their compliance with law
and regulations and manages FCA's enforcement and supervision
functions.
(12) Office of Information Technology. The Office of Information
Technology manages and delivers the Agency's information technology,
data analysis infrastructure, and the security supporting Agency
technology resources.
(13) Office of General Counsel. The Office of General Counsel
provides legal advice and services to the FCA Chairman, the FCA Board,
and Agency staff.
(b) Additional information. You may obtain more information on the
FCA's organization by visiting our Web site at https://www.fca.gov. You
may also contact the Office of Congressional and Public Affairs:
(1) In writing at FCA, 1501 Farm Credit Drive, McLean, Virginia
22102-5090;
(2) By email at info-line@fca.gov; or
(3) By telephone at (703) 883-4056.
PART 602--RELEASING INFORMATION
0
4. The authority citation for part 602 continues to read as follows:
Authority: Secs. 5.9, 5.17, 5.59 of the Farm Credit Act (12
U.S.C. 2243, 2252, 2277a-8); 5 U.S.C. 301, 552; 12 U.S.C. 1821(t);
52 FR 10012; E.O. 12600; 52 FR 23781, 3 CFR 1987, p. 235.
Sec. 602.8 [Amended]
0
5. Amend Sec. 602.8 as follows:
0
a. In the second sentence of paragraph (a), by removing the words
``Office of Management Services (OMS)'' and adding in their place the
words ``Office of Agency Services (OAS).''
0
b. In paragraphs (b) and (c), by removing the abbreviation ``OMS'' and
adding in its place the abbreviation ``OAS'' each place it appears.
Sec. 602.25 [Amended]
0
6. Amend Sec. 602.25 by removing the words ``Regulation and Policy
Division, Office of Policy and Analysis'' and adding in their place the
words ``Office of Regulatory Policy.''
PART 603--PRIVACY ACT REGULATIONS
0
7. The authority citation for part 603 continues to read as follows:
Authority: Secs. 5.9, 5.17 of the Farm Credit Act (12 U.S.C.
2243, 2252); 5 U.S.C. app. 3, 5 U.S.C. 552a(j)(2) and (k)(2).
Sec. 603.340 [Amended]
0
8. Amend Sec. 603.340 in paragraphs (a) and (b) by removing the words
``Office of Management Services'' and adding in their place the words
``Office of Agency Services'' each place they appear.
PART 606--ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF HANDICAP
IN PROGRAMS OR ACTIVITIES CONDUCTED BY THE FARM CREDIT
ADMINISTRATION
0
9. The authority citation for part 606 continues to read as follows:
Authority: 29 U.S.C. 794.
Sec. 606.670 [Amended]
0
10. Amend Sec. 606.670 in paragraph (c) by removing the words ``Office
of Management Services'' and adding in their place the words ``Office
of Agency Services.''
Dated: July 13, 2016.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2016-16962 Filed 7-21-16; 8:45 am]
BILLING CODE 6705-01-P