[Federal Register Volume 78, Number 119 (Thursday, June 20, 2013)]
[Rules and Regulations]
[Page 37101]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-14739]



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  Federal Register / Vol. 78, No. 119 / Thursday, June 20, 2013 / Rules 
and Regulations  

[[Page 37101]]



FARM CREDIT ADMINISTRATION

12 CFR Part 615

RIN 3052-AC54


Funding and Fiscal Affairs, Loan Policies and Operations, and 
Funding Operations; Liquidity and Funding; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

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SUMMARY: The Farm Credit Administration adopted a final rule that 
amends its liquidity regulation to strengthen liquidity risk management 
at Farm Credit System (System) banks, improve the quality of assets in 
their liquidity reserves, and bolster the ability of System banks to 
fund their obligation and continue operations during times of economic, 
financial or market adversity. In accordance with the law, 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.

DATES: Effective Date: Under the authority of 12 U.S.C. 2252, the 
regulation amending 12 CFR part 615 published on April 18, 2013 (78 FR 
23438) is effective June 12, 2013.

FOR FURTHER INFORMATION CONTACT: 
David Lewandrowski, Senior Policy Analyst, Office of Regulatory Policy, 
Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4498, TTY 
(703) 883-4056;
or
Richard Katz, Senior Counsel, Office of General Counsel, Farm Credit 
Administration, McLean, Virginia 22102-5090, (703) 883-4020, TTY (703) 
883-4056.

SUPPLEMENTARY INFORMATION: The Farm Credit Administration adopted a 
final rule that amends its liquidity regulation to strengthen liquidity 
risk management at Farm Credit System (System) banks, improve the 
quality of assets in their liquidity reserves, and bolster the ability 
of System banks to fund their obligation and continue operations during 
times of economic, financial or market adversity. 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 regulations is June 12, 2013.

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

    Dated: June 14, 2013.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2013-14739 Filed 6-19-13; 8:45 am]
BILLING CODE 6705-01-P