Notice of Agreements Filed, 106481-106482 [2024-31056]
Download as PDF
Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices
These asset-size thresholds are in
effect from January 1, 2025, through
December 31, 2025.
FOR FURTHER INFORMATION CONTACT:
Board: Amal S. Patel, Senior Counsel,
Division of Consumer and Community
Affairs; or Sumeet Shroff, Counsel, or
Cody Gaffney, Counsel, Legal Division,
Board of Governors of the Federal
Reserve System at (202) 452–2412. For
the hearing impaired and users of
Telecommunications Device for the Deaf
(TDD) and TTY–TRS, please call 711
from any telephone, anywhere in the
United States.
FDIC: Patience R. Singleton, Senior
Policy Analyst, Supervisory Policy
Branch, Division of Depositor and
Consumer Protection, (202) 898–6859,
psingleton@fdic.gov; Cassandra
Duhaney, Counsel, (202) 898–6804,
cduhaney@fdic.gov; or Alys V. Brown,
Senior Attorney, (202), 898–3565,
alybrown@fdic.gov, Legal Division,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
SUPPLEMENTARY INFORMATION:
DATES:
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Community Reinvestment Act AssetSize Thresholds
Under the current CRA regulations,1
‘‘small bank’’ means a bank that, as of
December 31 of either of the prior two
calendar years, had assets of less than
$1.564 billion; and ‘‘intermediate small
bank’’ means a small bank with assets
of at least $391 million as of December
31 of both of the prior two calendar
years and less than $1.564 billion as of
December 31 of either of the prior two
calendar years.2 Pursuant to the annual
inflation adjustment methodology
described below, the Agencies are
announcing that from January 1, 2025,
through December 31, 2025, ‘‘small
bank’’ will mean a bank that, as of
December 31 of either of the prior two
calendar years, had assets of less than
$1.609 billion; and ‘‘intermediate small
bank’’ will mean a small bank with
assets of at least $402 million as of
1 In October 2023, the Agencies and the Office of
the Comptroller of the Currency (OCC) jointly
issued a final rule to strengthen and modernize
their Community Reinvestment Act regulations. See
89 FR 6574 (Feb. 1, 2024). Although the final rule
was intended to take effect on April 1, 2024, the
final rule has been challenged in litigation, and the
final rule is currently enjoined. As such, the legacy
CRA regulations (referred to in this notice as the
‘‘current CRA regulations’’) remain in effect. The
text of the current CRA regulations may be found:
(i) in the 2022, 2023, or 2024 bound versions of title
12 of the Code of Federal Regulations; (ii) in the
historical version of the Electronic Code of Federal
Regulations (eCFR) as of March 29, 2024; or (iii) in
appendix G of the final rule, as published in the
eCFR on February 1, 2024.
2 See 12 CFR 228.12(u)(1) and 345.12(u)(1) of the
current CRA regulations.
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23:58 Dec 27, 2024
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December 31 of both of the prior two
calendar years and less than $1.609
billion as of December 31 of either of the
prior two calendar years.3
Calculation Methodology
The Agencies’ CRA regulations
establish CRA performance standards
for small banks and intermediate small
banks. The CRA regulations define
small and intermediate small banks by
reference to asset-size criteria expressed
in dollar amounts, and they further
require the Agencies to publish annual
adjustments to these dollar figures based
on the year-to-year change in the
average of the CPI–W, not seasonally
adjusted, for each 12-month period
ending in November, with rounding to
the nearest million.4 This adjustment
formula was first adopted for CRA
purposes by the Agencies and the OCC
in 2005.5
During the 12-month period ending
November 2024, the CPI–W increased
by 2.91 percent. Because the year-toyear change in the CPI–W was non-zero,
the Agencies are making this annual
adjustment. Beginning January 1, 2025,
banks that, as of December 31 of either
of the prior two calendar years, had
assets of less than $1.609 billion are
small banks. Small banks with assets of
at least $402 million as of December 31
of both of the prior two calendar years
and less than $1.609 billion as of
December 31 of either of the prior two
calendar years are intermediate small
banks.
The Agencies publish current and
historical asset-size thresholds on the
3 Historically, the Agencies have announced these
annual inflation adjustments via rulemakings that
amend the ‘‘small bank’’ and ‘‘intermediate small
bank’’ definitions in their CRA regulations. See,
e.g., 88 FR 87895 (Dec. 20, 2023) (implementing
annual inflation adjustments for 2024). However,
because the eCFR has been updated to reflect the
text of the October 2023 final rule, and because the
October 2023 final rule is currently enjoined, the
Agencies have determined that this document
(rather than a rulemaking) is the best vehicle for
announcing the annual inflation adjustments for
2025. Once the litigation is resolved, the Agencies
expect to resume their historical practice of
announcing these annual inflation adjustments via
rulemakings. The OCC adjusts the asset-size criteria
for institutions that are subject to OCC-issued CRA
regulations, including national banks and Federal
and State savings associations, separately from the
Agencies.
4 See 12 CFR 228.12(u)(2) and 345.12(u)(2) of the
current CRA regulations.
5 See 70 FR 44256 (Aug. 2, 2005). Subsequently,
the Office of Thrift Supervision (OTS), the agency
then responsible for regulating savings associations,
adopted an annual inflation adjustment
methodology consistent with that of the Agencies
and the OCC for its CRA regulations, previously set
forth at 12 CFR part 563e. See 72 FR 13429 (Mar.
22, 2007). The Dodd-Frank Wall Street Reform and
Consumer Protection Act transferred CRA
rulemaking authority for Federal and State savings
associations from the OTC to the OCC. See 12
U.S.C. 5412.
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106481
website of the Federal Financial
Institutions Examination Council.6
By order of the Board of Governors of
the Federal Reserve System, acting
through the Secretary of the Board
under delegated authority.
Ann E. Misback,
Secretary of the Board.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on December 15,
2024.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2024–30849 Filed 12–27–24; 8:45 am]
BILLING CODE 6210–01–P; 6714–01–P
FEDERAL MARITIME COMMISSION
Notice of Agreements Filed
The Commission hereby gives notice
of filing of the following agreement
under the Shipping Act of 1984.
Interested parties may submit
comments, relevant information, or
documents regarding the agreement to
the Secretary by email at Secretary@
fmc.gov, or by mail, Federal Maritime
Commission, 800 North Capitol Street,
Washington, DC 20573. Comments will
be most helpful to the Commission if
received within 12 days of the date this
notice appears in the Federal Register,
and the Commission requests that
comments be submitted within 7 days
on agreements that request expedited
review. Copies of agreement are
available through the Commission’s
website (www.fmc.gov) or by contacting
the Office of Agreements at (202)–523–
5793 or tradeanalysis@fmc.gov.
Agreement No.: 201438.
Agreement Name: Maesk/HL
Mediterranean Vessel Sharing
Agreement.
Parties: Maersk A/S; Hapag-Lloyd AG.
Filing Party: Wayne Rohde, Cozen
O’Connor.
Synopsis: The Agreement authorizes
the Parties to share vessels in the trades
between the U.S. East Coast on the one
hand and ports in Turkey, Italy, and
Morocco on the other hand.
Proposed Effective Date: 1/27/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/87583.
Agreement No.: 201439.
Agreement Name: Hapag-Lloyd/ZIM
Med-North America/Jamaica Slot
Exchange and Slot Charter Agreement.
Parties: Hapag Lloyd AG; ZIM
Integrated Shipping Services Ltd.
6 See https://www.ffiec.gov/cra/examinations.htm
(‘‘Current and Historical Asset-Size Thresholds and
Examples’’).
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106482
Federal Register / Vol. 89, No. 249 / Monday, December 30, 2024 / Notices
Filing Party: Wayne Rohde, Cozen
O’Connor.
Synopsis: The Agreement authorizes
the parties to exchange slots and charter
space on their respective services in the
trades between the U.S. East Coast on
the one hand and ports in Greece, Israel,
Italy, Jamaica, Morocco, Spain, and
Turkey on the other hand.
Proposed Effective Date: 01/27/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/87584.
Agreement No.: 201429–001.
Agreement Name: Gemini
Cooperation Agreement.
Parties: Hapag Lloyd AG; HapagLloyd USA, LLC; Maersk A/S.
Filing Party: Wayne Rohde, Cozen
O’Connor.
Synopsis: The amendment revises
Articles 5.A.2(f) and 12.2(d) to clarify
the use of space to transport preference
cargoes.
Proposed Effective Date: 1/27/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/86566.
Agreement No.: 201440.
Agreement Name: North EuropeUSEC Vessel Sharing Agreement.
Parties: CMA CGM S.A.; COSCO
SHIPPING Lines Co., Ltd.; Evergreen
Marine (U.K.) Limited; Ocean Network
Express Pte. Ltd.; Orient Overseas
Container Line Limited; OOCL (Europe)
Limited.
Filing Party: Joshua Stein, Cozen
O’Connor.
Synopsis: The purpose of this
Agreement is to authorize the Parties to
charter and exchange space on one
another’s vessels and to coordinate and
cooperate with respect to the Parties’
transportation services and operations
in the trades between, on the one hand,
ports in North Europe (including
Belgium, France, Germany, United
Kingdom, and Netherlands), and on the
other hand, Mexico and U.S. ports in
the Atlantic coast range.
Proposed Effective Date: 01/30/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/87586.
Agreement No.: 201441.
Agreement Name: ONE/CMA CGM
AL5-California Bridge Vessel Sharing
Agreement.
Parties: CMA CGM S.A.; Ocean
Network Express Pte. Ltd.
Filing Party: Joshua Stein, Cozen
O’Connor.
Synopsis: The Agreement authorizes
the parties to share vessels in the trade
between ports on the U.S. East Coast/
Gulf and the U.S. West Coast on the one
hand and ports in the United Kingdom,
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23:58 Dec 27, 2024
Jkt 265001
Germany, France, the Netherlands,
Belgium, Colombia, Panama, and
Dominican Republic on the other.
Proposed Effective Date: 02/01/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/87587.
Agreement No.: 201442.
Agreement Name: ONE to YML AP1
Slot Charter Agreement.
Parties: Ocean Network Express Pte.
Ltd.; Yang Ming Marine Transport
Corporation & Yangming (UK) Ltd.
Filing Party: Joshua Stein, Cozen
O’Connor.
Synopsis: The Agreement authorizes
ONE to charter space to YML in the orts
in China, Taiwan and Vietnam on the
one hand and ports on the U.S. West
Coast on the other hand.
Proposed Effective Date: 02/02/2025.
Location: https://www2.fmc.gov/
FMC.Agreements.Web/Public/
AgreementHistory/87588.
Dated: December 20, 2024.
Jennifer Everling,
Assistant Secretary.
[FR Doc. 2024–31056 Filed 12–27–24; 8:45 am]
BILLING CODE 6730–02–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
Notice of Award of a Sole Source
Cooperative Agreement To Fund
Burkina Faso Ministry of Health,
Direction of Disease Control
Epidemics and Pandemics (DLMEP),
Pasteur Institute of Ivory Coast (ICPI),
National Public Health Institute of
Liberia (NPHIL), Nigeria Center for
Disease Control (NCDC), Senegal
Ministry of Health and Social Action,
and Sierra Leone Ministry of Health
(MoH)
Centers for Disease Control and
Prevention (CDC), Department of Health
and Human Services (HHS).
ACTION: Notice.
AGENCY:
The Centers for Disease
Control and Prevention (CDC), located
within the Department of Health and
Human Services (HHS), announces
seven separate awards to fund Burkina
Faso Ministry of Health, Direction of
Disease Control Epidemics and
Pandemics in Cameroon, Pasteur
Institute of Ivory Coast in Cote d’Ivoire,
National Public Health Institute of
Liberia in Liberia, Nigeria Center for
Disease Control in Nigeria, Senegal
Ministry of Health and Social Action in
SUMMARY:
PO 00000
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Fmt 4703
Sfmt 4703
Senegal, and Ministry of Health in
Sierra Leone. For Burkina Faso Ministry
of Health, the award is for
approximately $1,000,000, with an
expected total funding of approximately
$5,000,000. For Direction of Disease
Control Epidemics and Pandemics, the
award is for approximately $500,000,
with an expected total funding of
approximately $2,500,000. For Pasteur
Institute of Ivory Coast (IPCI), the award
is for approximately $2,000,000, with an
expected total funding of approximately
$10,000,000. For National Public Health
Institute of Liberia (NPHIL), the award
is for approximately $1,000,000 with an
expected total funding of approximately
$5,000,000. For Nigeria Center for
Disease Control (NCDC), the award is for
approximately $500,000 with an
expected total funding of approximately
$2,500,000. For Senegal Ministry of
Health and Social Action, the award is
for approximately $500,000 with an
expected total funding of approximately
$2,500,000. For Sierra Leone Ministry of
Health (MoH), the award is for
approximately $1,000,000, with an
expected total funding of approximately
$5,000,000. The total 5-year period
amount for the seven recipients is
$32,500,000, subject to the availability
of funds. The awards will protect
Americans and people worldwide from
public health threats by building
capacity within their respective
countries to strengthen public health
preparedness; early pathogen detection
to mitigate the impact of global disease
outbreaks and public health; and
bolstering rapid response to global
health emergencies.
DATES: The period for these awards will
be September 30, 2025 through
September 29, 2030.
FOR FURTHER INFORMATION CONTACT:
Broderick Yoerg, Division of Global
Health Protection, Global Health Center,
Centers for Disease Control and
Prevention, 1600 Clifton Rd., Atlanta,
GA 30329, Telephone: (404) 234–0666,
Email: DGHPNOFOs@cdc.gov.
SUPPLEMENTARY INFORMATION: The sole
source award will provide support
around disease surveillance and
outbreak response, including
establishing routine surveillance and
developing information technology tools
and systems. Broad areas of support
include, but are not limited to:
emergency management, ensuring
countries have the knowledge and
resources they need, including
emergency operations centers that can
mount a fast, coordinated response
when outbreaks happen; safe laboratory
systems and diagnostics, building the
capacity to identify disease threats close
E:\FR\FM\30DEN1.SGM
30DEN1
Agencies
[Federal Register Volume 89, Number 249 (Monday, December 30, 2024)]
[Notices]
[Pages 106481-106482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-31056]
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FEDERAL MARITIME COMMISSION
Notice of Agreements Filed
The Commission hereby gives notice of filing of the following
agreement under the Shipping Act of 1984. Interested parties may submit
comments, relevant information, or documents regarding the agreement to
the Secretary by email at [email protected], or by mail, Federal
Maritime Commission, 800 North Capitol Street, Washington, DC 20573.
Comments will be most helpful to the Commission if received within 12
days of the date this notice appears in the Federal Register, and the
Commission requests that comments be submitted within 7 days on
agreements that request expedited review. Copies of agreement are
available through the Commission's website (www.fmc.gov) or by
contacting the Office of Agreements at (202)-523-5793 or
[email protected].
Agreement No.: 201438.
Agreement Name: Maesk/HL Mediterranean Vessel Sharing Agreement.
Parties: Maersk A/S; Hapag-Lloyd AG.
Filing Party: Wayne Rohde, Cozen O'Connor.
Synopsis: The Agreement authorizes the Parties to share vessels in
the trades between the U.S. East Coast on the one hand and ports in
Turkey, Italy, and Morocco on the other hand.
Proposed Effective Date: 1/27/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/87583.
Agreement No.: 201439.
Agreement Name: Hapag-Lloyd/ZIM Med-North America/Jamaica Slot
Exchange and Slot Charter Agreement.
Parties: Hapag Lloyd AG; ZIM Integrated Shipping Services Ltd.
[[Page 106482]]
Filing Party: Wayne Rohde, Cozen O'Connor.
Synopsis: The Agreement authorizes the parties to exchange slots
and charter space on their respective services in the trades between
the U.S. East Coast on the one hand and ports in Greece, Israel, Italy,
Jamaica, Morocco, Spain, and Turkey on the other hand.
Proposed Effective Date: 01/27/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/87584.
Agreement No.: 201429-001.
Agreement Name: Gemini Cooperation Agreement.
Parties: Hapag Lloyd AG; Hapag-Lloyd USA, LLC; Maersk A/S.
Filing Party: Wayne Rohde, Cozen O'Connor.
Synopsis: The amendment revises Articles 5.A.2(f) and 12.2(d) to
clarify the use of space to transport preference cargoes.
Proposed Effective Date: 1/27/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/86566.
Agreement No.: 201440.
Agreement Name: North Europe-USEC Vessel Sharing Agreement.
Parties: CMA CGM S.A.; COSCO SHIPPING Lines Co., Ltd.; Evergreen
Marine (U.K.) Limited; Ocean Network Express Pte. Ltd.; Orient Overseas
Container Line Limited; OOCL (Europe) Limited.
Filing Party: Joshua Stein, Cozen O'Connor.
Synopsis: The purpose of this Agreement is to authorize the Parties
to charter and exchange space on one another's vessels and to
coordinate and cooperate with respect to the Parties' transportation
services and operations in the trades between, on the one hand, ports
in North Europe (including Belgium, France, Germany, United Kingdom,
and Netherlands), and on the other hand, Mexico and U.S. ports in the
Atlantic coast range.
Proposed Effective Date: 01/30/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/87586.
Agreement No.: 201441.
Agreement Name: ONE/CMA CGM AL5-California Bridge Vessel Sharing
Agreement.
Parties: CMA CGM S.A.; Ocean Network Express Pte. Ltd.
Filing Party: Joshua Stein, Cozen O'Connor.
Synopsis: The Agreement authorizes the parties to share vessels in
the trade between ports on the U.S. East Coast/Gulf and the U.S. West
Coast on the one hand and ports in the United Kingdom, Germany, France,
the Netherlands, Belgium, Colombia, Panama, and Dominican Republic on
the other.
Proposed Effective Date: 02/01/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/87587.
Agreement No.: 201442.
Agreement Name: ONE to YML AP1 Slot Charter Agreement.
Parties: Ocean Network Express Pte. Ltd.; Yang Ming Marine
Transport Corporation & Yangming (UK) Ltd.
Filing Party: Joshua Stein, Cozen O'Connor.
Synopsis: The Agreement authorizes ONE to charter space to YML in
the orts in China, Taiwan and Vietnam on the one hand and ports on the
U.S. West Coast on the other hand.
Proposed Effective Date: 02/02/2025.
Location: https://www2.fmc.gov/FMC.Agreements.Web/Public/AgreementHistory/87588.
Dated: December 20, 2024.
Jennifer Everling,
Assistant Secretary.
[FR Doc. 2024-31056 Filed 12-27-24; 8:45 am]
BILLING CODE 6730-02-P