Farm Credit System Insurance Corporation August 2012 – Federal Register Recent Federal Regulation Documents

The Farm Credit System Insurance Corporation (Corporation or FCSIC) published for comment a draft Policy Statement Concerning Assistance to Troubled Farm Credit System (System) Institutions to replace the Corporation's present Policy Statement Concerning Stand- Alone Assistance. The draft revised policy statement provides additional transparency concerning the Corporation's authority to provide assistance, discusses how the least-cost test might be performed, enhances the criteria of what is to be included in assistance proposals, and adds a new section discussing assistance agreements. We are extending the comment period so that all interested parties will have additional time to provide comments.