[Federal Register Volume 70, Number 178 (Thursday, September 15, 2005)]
[Rules and Regulations]
[Page 54471]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-18285]


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FARM CREDIT ADMINISTRATION

12 CFR Parts 607, 614, 615, and 620

RIN 3052-AC09


Assessment and Apportionment of Administrative Expenses; Loan 
Policies and Operations; Funding and Fiscal Affairs, Loan Policies and 
Operations; and Funding Operations; Disclosure to Shareholders; Capital 
Adequacy Risk-Weighting Revisions; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

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SUMMARY: The Farm Credit Administration (FCA) published a final rule 
under parts 607, 614, 615, and 620 on June 17, 2005 (70 FR 35336). This 
final rule changed our regulatory capital standards on recourse 
obligations, direct credit substitutes, residual interests, asset- and 
mortgage-backed securities, claims on securities firms, and certain 
residential loans. In accordance with 12 U.S.C. 2252, the effective 
date of the final rule is 30 days from the date of publication in the 
Federal Register during which either or both Houses of Congress are in 
session. Based on the records of the sessions of Congress, the 
effective date of the regulation is September 8, 2005.

EFFECTIVE DATE: The regulation amending 12 CFR parts 607, 614, 615, and 
620 published on June 17, 2005 (70 FR 35336) is effective September 8, 
2005.

FOR FURTHER INFORMATION CONTACT: Robert Donnelly, Senior Accountant, 
Office of Regulatory Policy, Farm Credit Administration, McLean, VA 
22102-5090, (703) 883-4498, TTY (703) 883-4434; or
    Jennifer A. Cohn, Senior Attorney, Office of General Counsel, Farm 
Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TTY (703) 
883-4020.

(12 U.S.C. 2252(a)(9) and (10))

    Dated: September 8, 2005.
Jeanette C. Brinkley,
Secretary, Farm Credit Administration Board.
[FR Doc. 05-18285 Filed 9-14-05; 8:45 am]
BILLING CODE 6705-01-P