Proposed Modification of the Miami, FL, Class B Airspace; and the Fort Lauderdale, FL, Class C Airspace Areas; Public Meeting Postponement, 3349 [2019-02058]
Download as PDF
<![CDATA[
Federal Register / Vol. 84, No. 29 / Tuesday, February 12, 2019 / Proposed Rules
national bank or Federal savings
association that becomes a covered
institution shall conduct its first stress
test under this part in the first reporting
year that begins more than three
calendar quarters after the date the
national bank or Federal savings
association becomes a covered
institution, unless otherwise determined
by the OCC in writing.
(c) Ceasing to be a covered institution
or changing categories. A covered
institution shall remain subject to the
stress test requirements until total
consolidated assets of the covered
institution falls below the relevant size
threshold for each of four consecutive
quarters as reported by the covered
institution’s most recent Call Reports,
effective on the ‘‘as of’’ date of the
fourth consecutive Call Report.
■ 5. Section 46.4 is amended by adding
a sentence at the end of paragraph (a)(2)
to read as follows:
§ 46.4
Reservation of authority.
(a) * * *
(2) * * * The OCC may also exempt
one or more covered institutions from
the requirement to conduct a stress test
in a particular reporting year.
*
*
*
*
*
■ 6. Section 46.5 is amended by:
■ a. Revising the section heading as set
forth below;
■ b. Removing the word ‘‘annual’’ in the
introductory paragraph;
■ c. Revising paragraphs (a) and (b); and
■ d. Adding a new paragraph (e).
The revisions and addition read as
follows:
§ 46.5
Stress testing.
*
*
*
*
*
(a) Financial data. A covered
institution must use financial data
available as of December 31 of the
calendar year prior to the reporting year.
(b) Scenarios provided by the OCC. In
conducting the stress test under this
part, each covered institution must use
the scenarios provided by the OCC. The
scenarios provided by the OCC will
reflect a minimum of two sets of
economic and financial conditions,
including baseline and severely adverse
scenarios. The OCC will provide a
description of the scenarios required to
be used by each covered institution no
later than February 15 of the reporting
year.
*
*
*
*
*
(e) Frequency. A covered institution
that is consolidated under a holding
company that is required, pursuant to
applicable regulations of the Board of
Governors of the Federal Reserve, to
VerDate Sep<11>2014
18:15 Feb 11, 2019
Jkt 247001
conduct a stress test at least once every
calendar year must treat every calendar
year as a reporting year, unless
otherwise determined by the OCC. All
other covered institutions must treat
every even-numbered calendar year
beginning January 1, 2020 (i.e., 2022,
2024, 2026, etc.), as a reporting year,
unless otherwise determined by the
OCC.
§ 46.6
7. Section 46.6 is amended by:
a. In paragraph (a) (2), by removing
the last sentence; and
■ b. In paragraph (c) (2), by removing
the word ‘‘annually’’ and replacing it
with the phrase ‘‘once every reporting
year’’.
■ 8. Section 46.7 is amended by:
■ a. Revising paragraph (a);
■ b. Removing paragraph (b); and
■ c. Redesignating paragraph (c) as
paragraph (b).
The revision reads as follows:
■
§ 46.7 Reports to the Office of the
Comptroller of the Currency and the Federal
Reserve Board.
(a) Timing. A covered institution must
report to the OCC and to the Board of
Governors of the Federal Reserve
System, on or before April 5 of the
reporting year, the results of the stress
test in the manner and form specified by
the OCC.
*
*
*
*
*
■ 9. Section 46.8 is amended by:
■ a. In paragraph (a):
■ i. Redesignating paragraph (a)(1) as
paragraph (a) introductory text and
revising it;
■ ii. Removing paragraph (a)(2); and
iii. Redesignating paragraphs (a)(1)(i)
and (a)(1)(ii) as paragraphs (a)(1) and
(a)(2), respectively; and
■ b. In paragraph (b):
■ i. Removing the phrase ‘‘an annual
company-run’’ and adding the phrase ‘‘a
company-run’’ in its place; and
■ ii. Removing the phrase ‘‘annual stress
test’’ in the second sentence and adding
the phrase ‘‘stress test’’ in its place.
The revision reads as follows:
Publication of disclosures.
*
*
*
*
*
(a) Publication date. A covered
institution must publish a summary of
the results of its stress test in the period
starting June 15 and ending July 15 of
the reporting year, provided:
*
*
*
*
*
PO 00000
Frm 00006
Fmt 4702
Dated: December 18, 2018.
William A. Rowe,
Chief Risk Officer.
[FR Doc. 2018–27875 Filed 2–11–19; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
[Amended]
■
§ 46.8
3349
Sfmt 4702
14 CFR Part 71
Proposed Modification of the Miami,
FL, Class B Airspace; and the Fort
Lauderdale, FL, Class C Airspace
Areas; Public Meeting Postponement
Federal Aviation
Administration (FAA), DOT
AGENCY:
Notice of meeting;
postponement.
ACTION:
This notice announces the
postponement of a fact-finding informal
airspace meeting regarding a plan to
modify the Miami, FL, Class B Airspace,
and the Fort Lauderdale, FL, Class C
Airspace areas. The meeting was
previously scheduled for February 27,
2019.
SUMMARY:
Paul
Gallant, Airspace Policy Group, Office
of Airspace Services, Federal Aviation
Administration, 800 Independence
Avenue SW, Washington, DC 20591;
telephone: (202) 267–8783.
FOR FURTHER INFORMATION CONTACT:
The FAA
published a notice of meeting in the
Federal Register (83 FR 66646;
December 27, 2018) holding an informal
airspace meeting to discuss plans for
modifying the Miami, FL, Class B
Airspace, and the Fort Lauderdale, FL,
Class C Airspace areas. The meeting was
to be held on Wednesday, February 27,
2019, at Broward College, Pembroke
Pines, FL. In light of the recent federal
government shutdown, the FAA has
decided to postpone the meeting to
provide additional time for planning
and preparation.
Once arrangements for a new meeting
are finalized, the details will be
announced in the Federal Register.
SUPPLEMENTARY INFORMATION:
Authority: 49 U.S.C. 106(f), 106(g); 40103,
40113, 40120; E.O.10854, 24 FR 9565, 3 CFR,
1959–1963 Comp., p. 389.
Issued in Washington DC, on February 6,
2019.
Rodger A. Dean, Jr.,
Manager, Airspace Policy Group.
[FR Doc. 2019–02058 Filed 2–11–19; 8:45 am]
BILLING CODE 4910–13–P
E:\FR\FM\12FEP1.SGM
12FEP1
]]>Agencies
[Federal Register Volume 84, Number 29 (Tuesday, February 12, 2019)]
[Proposed Rules]
[Page 3349]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02058]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Federal Aviation Administration
14 CFR Part 71
Proposed Modification of the Miami, FL, Class B Airspace; and the
Fort Lauderdale, FL, Class C Airspace Areas; Public Meeting
Postponement
AGENCY: Federal Aviation Administration (FAA), DOT
ACTION: Notice of meeting; postponement.
-----------------------------------------------------------------------
SUMMARY: This notice announces the postponement of a fact-finding
informal airspace meeting regarding a plan to modify the Miami, FL,
Class B Airspace, and the Fort Lauderdale, FL, Class C Airspace areas.
The meeting was previously scheduled for February 27, 2019.
FOR FURTHER INFORMATION CONTACT: Paul Gallant, Airspace Policy Group,
Office of Airspace Services, Federal Aviation Administration, 800
Independence Avenue SW, Washington, DC 20591; telephone: (202) 267-
8783.
SUPPLEMENTARY INFORMATION: The FAA published a notice of meeting in the
Federal Register (83 FR 66646; December 27, 2018) holding an informal
airspace meeting to discuss plans for modifying the Miami, FL, Class B
Airspace, and the Fort Lauderdale, FL, Class C Airspace areas. The
meeting was to be held on Wednesday, February 27, 2019, at Broward
College, Pembroke Pines, FL. In light of the recent federal government
shutdown, the FAA has decided to postpone the meeting to provide
additional time for planning and preparation.
Once arrangements for a new meeting are finalized, the details will
be announced in the Federal Register.
Authority: 49 U.S.C. 106(f), 106(g); 40103, 40113, 40120;
E.O.10854, 24 FR 9565, 3 CFR, 1959-1963 Comp., p. 389.
Issued in Washington DC, on February 6, 2019.
Rodger A. Dean, Jr.,
Manager, Airspace Policy Group.
[FR Doc. 2019-02058 Filed 2-11-19; 8:45 am]
BILLING CODE 4910-13-P
