[Federal Register: March 26, 2008 (Volume 73, Number 59)]
[Proposed Rules]
[Page 15955]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26mr08-29]
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FARM CREDIT ADMINISTRATION
12 CFR Part 615
RIN 3052-AC25
Funding and Fiscal Affairs, Loan Policies and Operations, and
Funding Operations; Capital Adequacy--Basel Accord
AGENCY: Farm Credit Administration.
ACTION: Advance notice of proposed rulemaking (ANPRM); extension of
comment period.
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SUMMARY: The Farm Credit Administration (FCA, Agency or we) is
extending the comment period on our ANPRM that seeks comments to
facilitate the development of enhancements to our regulatory capital
framework to more closely align minimum capital requirements with risks
taken by Farm Credit System (FCS or System) institutions. We are
extending the comment period so all interested parties will have
additional time to provide comments.
DATES: You may send comments on or before December 31, 2008.
ADDRESSES: We offer several methods for the public to submit comments.
For accuracy and efficiency reasons, commenters are encouraged to
submit comments by e-mail or through the Agency's Web site or the
Federal eRulemaking Portal. Regardless of the method you use, please do
not submit your comments multiple times via different methods. You may
submit comments by any of the following methods:
E-mail: Send us an e-mail at: reg-comm@fca.gov.
Agency Web site: http://www.fca.gov. Select ``Legal
Info,'' then ``Pending Regulations and Notices.''
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
Mail: Gary K. Van Meter, Deputy Director, Office of
Regulatory Policy, Farm Credit Administration, 1501 Farm Credit Drive,
McLean, VA 22102-5090.
Fax: (703) 883-4477. Posting and processing of faxes may
be delayed, as faxes are difficult for us to process and achieve
compliance with section 508 of the Rehabilitation Act. Please consider
another means to comment, if possible.
You may review copies of comments we receive at our office in
McLean, Virginia, or on our Web site at: http://www.fca.gov. Once you
are in the Web site, select ``Legal Info,'' and then select ``Public
Comments.'' We will show your comments as submitted, but for technical
reasons we may omit items such as logos and special characters.
Identifying information that you provide, such as phone numbers and
addresses, will be publicly available. However, we will attempt to
remove e-mail addresses to help reduce Internet spam.
FOR FURTHER INFORMATION CONTACT:
Laurie Rea, Associate Director, Office of Regulatory Policy, Farm
Credit Administration, McLean, VA 22102-5090, (703) 883-4232, TTY (703)
883-4434, or
Wade Wynn, Policy Analyst, Office of Regulatory Policy, Farm Credit
Administration, McLean, VA 22102-5090, (703) 883-4262, TTY (703) 883-
4434, or
Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm
Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TTY (703)
883-4020.
SUPPLEMENTARY INFORMATION: On October 31, 2007, FCA published a notice
in the Federal Register seeking public comment to facilitate the
development of a proposed rule that would enhance our regulatory
capital framework and more closely align minimum capital requirements
with risks taken by System institutions. See 72 FR 61568. The comment
period is scheduled to expire on March 31, 2008. In a letter dated
March 4, 2008, the Federal Farm Credit Banks Funding Corporation, on
behalf of the System banks and associations, requested that the Agency
extend the comment period until December 31, 2008. In view of the
number and the complexity of the questions asked in the ANPRM, we have
granted this request. The FCA supports public involvement and
participation in its regulatory process and invites all interested
parties to review and provide comments on our ANPRM.
Dated: March 21, 2008.
Roland E. Smith,
Secretary, Farm Credit Administration Board.
[FR Doc. E8-6197 Filed 3-25-08; 8:45 am]
BILLING CODE 6705-01-P