Proposed Rule2021-18984
Bank Liquidity Reserve
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 3, 2021
Effective
June 30, 2021
Issuing agencies
Farm Credit Administration
Abstract
The Farm Credit Administration (FCA or we) is extending the comment period on its Advance Notice of Proposed Rulemaking (ANPRM) that seeks comment from the public about whether and how FCA should revise its liquidity regulatory framework for Farm Credit System (System) banks. FCA is extending the comment period for an additional 60 days, until November 27, 2021, so interested parties will have additional time to provide comments on the ANPRM.
Full Text
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<title>Federal Register, Volume 86 Issue 169 (Friday, September 3, 2021)</title>
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[Federal Register Volume 86, Number 169 (Friday, September 3, 2021)]
[Proposed Rules]
[Pages 49496-49497]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-18984]
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FARM CREDIT ADMINISTRATION
12 CFR Part 615
RIN 3052-AD44
Bank Liquidity Reserve
AGENCY: Farm Credit Administration.
ACTION: Advance notice of proposed rulemaking; extension of comment
period.
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SUMMARY: The Farm Credit Administration (FCA or we) is extending the
comment period on its Advance Notice of Proposed Rulemaking (ANPRM)
that seeks comment from the public about whether and how FCA should
revise its liquidity regulatory framework for Farm Credit System
(System) banks. FCA is extending the comment period for an additional
60 days, until November 27, 2021, so interested parties will have
additional time to provide comments on the ANPRM.
DATES: The comment period for the Advance Notice of Proposed Rulemaking
on Bank Liquidity Reserves, published on June 30, 2021 (86 FR 34645),
is extended from September 28, 2021, to November 27, 2021.
ADDRESSES: For accuracy and efficiency reasons, please submit comments
by email or through FCA's website. We do not accept comments submitted
by facsimiles (fax), as faxes are difficult for us to process and
achieve compliance with section 508 of the Rehabilitation Act of 1973.
Please do not submit your comment multiple times via different methods.
You may submit comments by any of the following methods:
<bullet> Email: Send us an email at <a href="/cdn-cgi/l/email-protection#275542400a44484a4a6741444609404851"><span class="__cf_email__" data-cfemail="95e7f0f2b8f6faf8f8d5f3f6f4bbf2fae3">[email protected]</span></a>.
<bullet> FCA website: <a href="http://www.fca.gov">http://www.fca.gov</a>. Click inside the ``I want
to . . .'' field near the top of the page; select ``comment on a
pending regulation'' from the dropdown menu; and click ``Go.'' This
takes you to an electronic public comment form.
<bullet> Mail: Kevin J. Kramp, Director, Office of Regulatory
Policy, Farm Credit
[[Page 49497]]
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090.
You may review copies of comments we receive on our website at
<a href="http://www.fca.gov">http://www.fca.gov</a>. Once you are on the website, click inside the ``I
want to . . .'' field near the top of the page; select ``find comments
on a pending regulation'' from the dropdown menu; and click ``Go.''
This will take you to the Comment Letters page where you can select the
regulation for which you would like to read the public comments.
We will show your comments as submitted, including any supporting
data provided, 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 email addresses to help reduce
internet spam. You may also review comments at our office in McLean,
Virginia. Please call us at (703) 883-4056 or email us at <a href="/cdn-cgi/l/email-protection#5527303278363a3838153336347b323a23"><span class="__cf_email__" data-cfemail="e6948381cb85898b8ba6808587c8818990">[email protected]</span></a> to make an appointment.
FOR FURTHER INFORMATION CONTACT:
Technical information: Ryan Leist, <a href="/cdn-cgi/l/email-protection#034f666a707751436560622d646c75"><span class="__cf_email__" data-cfemail="1e527b776d6a4c5e787d7f30797168">[email protected]</span></a>, Senior
Accountant, or Jeremy R. Edelstein, <a href="/cdn-cgi/l/email-protection#45002120293631202c2b0f052326246b222a33"><span class="__cf_email__" data-cfemail="ca8faeafa6b9beafa3a4808aaca9abe4ada5bc">[email protected]</span></a>, Associate
Director, Finance and Capital Markets Team, Office of Regulatory
Policy, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-
4414, TTY (703) 883-4056, or <a href="/cdn-cgi/l/email-protection#f6b9a4a6bb979f9a94998eb6909597d8919980"><span class="__cf_email__" data-cfemail="440b161409252d28262b3c042227256a232b32">[email protected]</span></a>; or
Legal information: Richard Katz, <a href="/cdn-cgi/l/email-protection#8ac1ebfef0d8caece9eba4ede5fc"><span class="__cf_email__" data-cfemail="b3f8d2c7c9e1f3d5d0d29dd4dcc5">[email protected]</span></a>, Senior Counsel,
Office of General Counsel, Farm Credit Administration, McLean, VA
22102-5090, (703) 883-4020, TTY (703) 883-4056.
SUPPLEMENTARY INFORMATION: On June 30, 2021, FCA published an ANPRM in
the Federal Register seeking public comment on whether and how we
should amend our liquidity regulations for System banks so they can
better withstand crises that adversely impact liquidity and pose risks
to their viability. The comment period is currently scheduled to close
on September 28, 2021. See 86 FR 34645. On July 28, 2021, FCA received
a request to extend the comment period for an additional 60 days. FCA
is granting this request, and accordingly, the comment period is
extended until November 27, 2021.
Dated: August 30, 2021.
Dale Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2021-18984 Filed 9-2-21; 8:45 am]
BILLING CODE 6705-01-P
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