Margin and Capital Requirements for Covered Swap Entities; Correction

 
CONTENT
Federal Register, Volume 84 Issue 241 (Monday, December 16, 2019)
[Federal Register Volume 84, Number 241 (Monday, December 16, 2019)]
[Rules and Regulations]
[Page 68326]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-26884]
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FARM CREDIT ADMINISTRATION
12 CFR Part 624
[Docket No. 2019-05012]
RIN 3052-AD34
Margin and Capital Requirements for Covered Swap Entities;
Correction
AGENCY: Farm Credit Administration.
ACTION: Correcting amendment.
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SUMMARY: The Farm Credit Administration (FCA or we) is correcting an
interim final rule that published in the Federal Register on March 19,
2019, which we jointly issued with four other Agencies. The joint
interim final rule amended the regulations governing Margin and Capital
Requirements for Covered Swap Entities to address the status of certain
non-cleared swaps and non-cleared security-based swaps if the United
Kingdom withdraws from the European Union without a negotiated
settlement.
DATES: Effective on December 16, 2019.
FOR FURTHER INFORMATION CONTACT: Jeremy R. Edelstein, Associate
Director, Finance & Capital Market Team, Timothy T. Nerdahl, Senior
Policy Analyst, Office of Regulatory Policy, Farm Credit
Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090, (703)
883-4414, TTY (703) 883-4056; or Richard A. Katz, Senior Counsel,
Office of General Counsel, Farm Credit Administration, 1501 Farm Credit
Drive, McLean, VA 22102-5090, (703) 883-4020, TTY (703) 883-4056.
SUPPLEMENTARY INFORMATION: In FR Doc. 2019-05012 appearing on page 9950
in the Federal Register on Tuesday, March 19, 2019, Sec.  624.1
published with two paragraphs designated as (h)(2)(iv). The second
instance of paragraph (h)(2)(iv) is being redesignated as paragraph
(h)(2)(vi).
List of Subjects in 12 CFR Part 624
    Accounting, Agriculture, Banks, Banking, Capital, Cooperatives,
Credit, Margin requirements, Reporting and recordkeeping requirements,
Risk, Rural areas, Swaps.
    Accordingly, 12 CFR part 624 is corrected by making the following
correcting amendment:
PART 624--MARGIN AND CAPITAL REQUIREMENTS FOR COVERED SWAP ENTITIES
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1. The authority citation for part 624 continues to read as follows:
    Authority: 7 U.S.C. 6s(e), 15 U.S.C. 78o-10(e), 12 U.S.C. 2154,
12 U.S.C. 2243, 12 U.S.C. 2252, and 12 U.S.C. 2279bb-1.
Sec.  624.1   [Amended]
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2. Section 624.1 is amended by redesignating the second paragraph
(h)(2)(iv) as paragraph (h)(2)(vi).
    Dated: December 10, 2019.
Dale Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2019-26884 Filed 12-13-19; 8:45 am]
 BILLING CODE 6705-01-P