Export-Import Bank March 2006 – Federal Register Recent Federal Regulation Documents

Ex-Im Bank is adopting a regulation that establishes policy and prescribes procedures with respect to the testimony of Ex-Im Bank personnel, both current and former, and the production of agency records, in legal proceedings. The regulation is designed to balance concerns such as preserving the time of Ex-Im Bank personnel for the conduct of official business against concerns such as whether the disclosure of information requested is necessary to prevent fraud or injustice. A proposed rule on this subject was published in the Federal Register on October 24, 2005 (70 FR 61395). Ex-Im Bank did not receive any comments on the proposed rule. Ex-Im Bank is accordingly adopting the proposed provisions as a final rule without further change.

The Export-Import Bank, as a part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal Agencies to comment on the proposed information collection, as required by the Paperwork Reduction Act of 1995. Our customers will be able to submit this form on paper or electronically. The form has been updated in the following ways; The format has been changed in order to standardize its outline with those used for medium-term insurance and guarantees and exporter short-term single sale insurance. Information requested in order for the applicant to obtain special insurance coverages has been taken out of the body of the application and put in appendixes. Information about the end-user and agent is now requested. Legal certification have been updated. The application also more explicitly states the financial information that is required to be submitted with the application.