Risk Weighting of High Volatility Commercial Real Estate (HVCRE) Exposures

Published date20 October 2021
Record Number2021-22826
SectionProposed rules
CourtFarm Credit Administration
This section of the FEDERAL REGISTER
contains notices to the public of the proposed
issuance of rules and regulations. The
purpose of these notices is to give interested
persons an opportunity to participate in the
rule making prior to the adoption of the final
rules.
Proposed Rules Federal Register
58042
Vol. 86, No. 200
Wednesday, October 20, 2021
FARM CREDIT ADMINISTRATION
12 CFR Part 628
RIN 3052–AD42
Risk Weighting of High Volatility
Commercial Real Estate (HVCRE)
Exposures
AGENCY
: Farm Credit Administration.
ACTION
: Proposed rule; extension of
comment period.
SUMMARY
: The Farm Credit
Administration (FCA or we) is
extending the comment period on its
proposed rule that would revise the
regulatory capital requirements for Farm
Credit System (FCS or System)
institutions to define and establish a
risk-weight for high volatility
commercial real estate (HVCRE)
exposures. FCA is extending the
comment period for an additional 61
days, until January 24, 2022, so
interested parties will have additional
time to provide comments on the
proposed rule.
DATES
: The comment period for the
proposed rule published on August 26,
2021 (86 FR 47601) is extended from
November 24, 2021, to January 24, 2022.
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:
Email: Send us an email at reg-
comm@fca.gov.
FCA website: http://www.fca.gov.
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.
Mail: Kevin J. Kramp, Director,
Office of Regulatory Policy, Farm Credit
Administration, 1501 Farm Credit Drive,
McLean, VA 22102–5090.
You may review copies of comments
we receive on our website at http://
www.fca.gov. 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 reg-comm@
fca.gov to make an appointment.
FOR FURTHER INFORMATION CONTACT
:
Technical information: Ryan Leist,
LeistR@fca.gov, Senior Accountant, or
Jeremy R. Edelstein, EdelsteinJ@fca.gov,
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
ORPMailbox@fca.gov; or Legal
information: Jennifer A. Cohn, CohnJ@
fca.gov, Assistant General Counsel,
Office of General Counsel, Farm Credit
Administration, McLean, VA 22102–
5090, (720) 213–0440, TTY (703) 883–
4056.
SUPPLEMENTARY INFORMATION
: On August
26, 2021, FCA published a proposed
rule in the Federal Register that would
update FCA’s regulatory capital
requirements to reflect the increased
risks that exposures to certain
acquisition, development or
construction loans pose to System
institutions. The proposed rule would
also ensure that the System’s capital
requirements are comparable to the
Basel III framework and the
standardized approach the Federal
banking regulatory agencies have
adopted, with deviations as appropriate
to accommodate the different
operational and credit considerations of
the System.
The comment period is currently
scheduled to close on November 24,
2021. See 86 FR 47601. FCA is
extending the comment period for an
additional 61 days, until January 24,
2022, so interested parties will have
additional time to provide comments on
the proposed rule in consideration of
other rulemakings that are also open for
public comment.
Dated: October 15, 2021.
Dale Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2021–22826 Filed 10–19–21; 8:45 am]
BILLING CODE 6705–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
45 CFR Part 1
RIN 0991–AC29
[HHS–OS–2020–0008; HHS–OS–2021–0001]
Department of Health and Human
Services Proposed Repeal of HHS
Rules on Guidance, Enforcement, and
Adjudication Procedures
AGENCY
: Office of the Secretary,
Department of Health and Human
Services.
ACTION
: Notice of proposed rulemaking.
SUMMARY
: The Department of Health and
Human Services (HHS or the
Department) is proposing to repeal two
final rules: ‘‘Department of Health and
Human Services Good Guidance
Practices,’’ published in the Federal
Register of December 7, 2020; and
‘‘Department of Health and Human
Services Transparency and Fairness in
Civil Administrative Enforcement
Actions,’’ published in the Federal
Register of January 14, 2021.
DATES
: To be assured consideration,
comments must be received at the
address provided below, no later than
11:59 p.m. November 19, 2021.
ADDRESSES
: You may submit comments
through the Federal eRulemaking Portal:
https://www.regulations.gov. Follow the
‘‘Submit a comment’’ instructions.
Warning: Do not include any personally
identifiable information (such as name,
address, or other contact information) or
confidential business information that
you do not want publicly disclosed. All
comments may be posted on the internet
and can be retrieved by most internet
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