Regular Meeting; Farm Credit System Insurance Corporation Board, 1351 [2018-00350]
Download as PDF
<![CDATA[
Federal Register / Vol. 83, No. 8 / Thursday, January 11, 2018 / Notices
FARM CREDIT SYSTEM INSURANCE
CORPORATION
FEDERAL RESERVE SYSTEM
Regular Meeting; Farm Credit System
Insurance Corporation Board
Proposed Supervisory Guidance
[Docket No. OP–1594]
Board of Governors of the
Federal Reserve System (Board).
ACTION: Proposed supervisory guidance.
AGENCY:
Farm Credit System Insurance
Corporation.
AGENCY:
ACTION:
Notice, regular meeting.
Dated: January 8, 2018.
Dale L. Aultman,
Secretary, Farm Credit System Insurance
Corporation Board.
The Board is seeking
comment on proposed guidance
describing core principles of effective
senior management, the management of
business lines, and independent risk
management and controls for large
financial institutions. The proposal
would apply to domestic bank holding
companies with total consolidated
assets of $50 billion or more; savings
and loan holding companies with total
consolidated assets of $50 billion or
more; the combined U.S. operations of
foreign banking organizations with
combined U.S. assets of $50 billion or
more; any state member bank
subsidiaries of the foregoing; and
systemically important nonbank
financial companies designated by the
Financial Stability Oversight Council for
supervision by the Board.
DATES: Comments must be received no
later than March 15, 2018.
ADDRESSES: Interested parties are
invited to submit written comments by
following the instructions for submitting
comments at https://
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• Email: regs.comments@
federalreserve.gov. Include the docket
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Address to Ann E. Misback,
Secretary, Board of Governors of the
Federal Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments will be made
available on the Board’s website at
https://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm as
submitted, unless modified for technical
reasons. Accordingly, comments will
not be edited to remove any identifying
or contact information. Public
comments may also be viewed
electronically or in paper in Room 3515,
1801 K Street NW (between 18th and
19th Street NW), Washington, DC 20006
between 9:00 a.m. and 5:00 p.m. on
weekdays.
[FR Doc. 2018–00350 Filed 1–10–18; 8:45 am]
FOR FURTHER INFORMATION CONTACT:
BILLING CODE 6710–01–P
Michael Hsu, Associate Director, (202)
SUMMARY:
Notice is hereby given of the
regular meeting of the Farm Credit
System Insurance Corporation Board
(Board).
SUMMARY:
The meeting of the Board will be
held at the offices of the Farm Credit
Administration in McLean, Virginia, on
January 18, 2018, from 2:00 p.m. until
such time as the Board concludes its
business.
DATES:
Farm Credit System
Insurance Corporation, 1501 Farm
Credit Drive, McLean, Virginia 22102.
Submit attendance requests via email to
VisitorRequest@FCA.gov. See
SUPPLEMENTARY INFORMATION for further
information about attendance requests.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Dale
L. Aultman, Secretary to the Farm
Credit System Insurance Corporation
Board, (703) 883–4009, TTY (703) 883–
4056, aultmand@fca.gov.
This
meeting of the Board will be open to the
public (limited space available). Please
send an email to VisitorRequest@
FCA.gov at least 24 hours before the
meeting. In your email include: Name,
postal address, entity you are
representing (if applicable), and
telephone number. You will receive an
email confirmation from us. Please be
prepared to show a photo identification
when you arrive. If you need assistance
for accessibility reasons, or if you have
any questions, contact Dale L. Aultman,
Secretary to the Farm Credit System
Insurance Corporation Board, at (703)
883–4009. The matters to be considered
at the meeting are:
SUPPLEMENTARY INFORMATION:
srobinson on DSK9F5VC42PROD with NOTICES
Open Session
A. Approval of Minutes
• December 14, 2017
B. New Business
• Review of Insurance Premium Rates
VerDate Sep<11>2014
00:05 Jan 11, 2018
Jkt 244001
PO 00000
Frm 00025
Fmt 4703
Sfmt 4703
1351
912–4330, Richard Naylor, Associate
Director, (202) 728–5854, Vaishali Sack,
Manager, (202) 452–5221, April Snyder,
Manager, (202) 452–3099, David Palmer,
Senior Supervisory Financial Analyst,
(202) 452–2904, Jennifer Su, Senior
Supervisory Financial Analyst, (202)
475–6348, Christine Graham, Senior
Supervisory Financial Analyst, (202)
452–3005, Division of Supervision and
Regulation; Laurie Schaffer, Associate
General Counsel, (202) 452–2272,
Benjamin W. McDonough, Assistant
General Counsel, (202) 452–2036, Scott
Tkacz, Senior Counsel, (202) 452–2744,
Keisha Patrick, Senior Counsel, (202)
452–3559, or Christopher Callanan,
Senior Attorney, (202) 452–3594, Legal
Division, Board of Governors of the
Federal Reserve System, 20th and C
Streets NW, Washington, DC 20551. For
the hearing impaired only,
Telecommunications Device for the Deaf
(TDD) users may contact (202) 263–
4869.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Background
II. LFI Rating System and Board Effectiveness
Proposals
III. Implementation
IV. Objectives of the Proposed Guidance
V. Applicability
VI. Description of the Proposed Guidance
A. Core Principles of Effective Senior
Management
B. Core Principles of the Management of
Business Lines
C. Core Principles of Independent Risk
Management and Controls
I. Background
The Board invites comment on
proposed guidance setting forth core
principles of effective senior
management, the management of
business lines, and independent risk
management (‘‘IRM’’) and controls for
large financial institutions (‘‘LFIs’’).
This proposal is part of a broader
initiative by the Federal Reserve to
develop a supervisory rating system and
related supervisory guidance that would
align with its consolidated supervisory
framework for LFIs. Drawing on lessons
from the 2007–2009 financial crisis, the
Federal Reserve reevaluated its
approach to supervision of LFIs,
including systemically important firms.
In 2010, the Federal Reserve established
the Large Institution Supervision
Coordinating Committee (‘‘LISCC’’) to
coordinate its supervisory oversight for
the systemically important firms that
pose the greatest risk to U.S. financial
E:\FR\FM\11JAN1.SGM
11JAN1
]]>Agencies
[Federal Register Volume 83, Number 8 (Thursday, January 11, 2018)]
[Notices]
[Page 1351]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-00350]
[[Page 1351]]
=======================================================================
-----------------------------------------------------------------------
FARM CREDIT SYSTEM INSURANCE CORPORATION
Regular Meeting; Farm Credit System Insurance Corporation Board
AGENCY: Farm Credit System Insurance Corporation.
ACTION: Notice, regular meeting.
-----------------------------------------------------------------------
SUMMARY: Notice is hereby given of the regular meeting of the Farm
Credit System Insurance Corporation Board (Board).
DATES: The meeting of the Board will be held at the offices of the Farm
Credit Administration in McLean, Virginia, on January 18, 2018, from
2:00 p.m. until such time as the Board concludes its business.
ADDRESSES: Farm Credit System Insurance Corporation, 1501 Farm Credit
Drive, McLean, Virginia 22102. Submit attendance requests via email to
[email protected]. See SUPPLEMENTARY INFORMATION for further
information about attendance requests.
FOR FURTHER INFORMATION CONTACT: Dale L. Aultman, Secretary to the Farm
Credit System Insurance Corporation Board, (703) 883-4009, TTY (703)
883-4056, [email protected].
SUPPLEMENTARY INFORMATION: This meeting of the Board will be open to
the public (limited space available). Please send an email to
[email protected] at least 24 hours before the meeting. In your
email include: Name, postal address, entity you are representing (if
applicable), and telephone number. You will receive an email
confirmation from us. Please be prepared to show a photo identification
when you arrive. If you need assistance for accessibility reasons, or
if you have any questions, contact Dale L. Aultman, Secretary to the
Farm Credit System Insurance Corporation Board, at (703) 883-4009. The
matters to be considered at the meeting are:
Open Session
A. Approval of Minutes
December 14, 2017
B. New Business
Review of Insurance Premium Rates
Dated: January 8, 2018.
Dale L. Aultman,
Secretary, Farm Credit System Insurance Corporation Board.
[FR Doc. 2018-00350 Filed 1-10-18; 8:45 am]
BILLING CODE 6710-01-P
