[Federal Register Volume 81, Number 141 (Friday, July 22, 2016)]
[Rules and Regulations]
[Pages 47691-47692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16962]



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FARM CREDIT ADMINISTRATION

12 CFR Parts 600, 602, 603, and 606

RIN 3052-AD17


FCA Organization; Updates and Technical Corrections

AGENCY: Farm Credit Administration.

ACTION: Final rule.

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SUMMARY: The Farm Credit Administration (FCA or Agency) issues a final 
rule amending its regulations to reflect changes in the Agency's 
organizational structure and correct the zip code for the field office 
located in Irving, TX.

DATES: This regulation will become effective no earlier than 30 days 
after publication in the Federal Register during which either one or 
both Houses of Congress are in session. We will publish a notice of the 
effective date in the Federal Register.

FOR FURTHER INFORMATION CONTACT: Mike Wilson, Policy Analyst, Office of 
Regulatory Policy, Farm Credit Administration, McLean, VA 22102-5090, 
(703) 883-4124, TTY (703) 883-4434; or Autumn Agans, Attorney-Advisor, 
Office of General Counsel, Farm Credit Administration, McLean, Virginia 
22102-5090, (703) 883-4020, TTY (703) 883-4020.

SUPPLEMENTARY INFORMATION:

I. Objectives

    The objective of this final rule is to reflect changes to the FCA's 
organizational structure and correct the zip code for the field office 
located in Irving, TX. In addition, references in our regulations to 
various FCA offices, which have changed, have been revised. We also are 
re-ordering the list of FCA offices into a more logical progression 
that is consistent with FCA's organizational chart.

II. Overview

    On April 27, 2016, the FCA Board approved an organizational chart 
that separated the unrelated functions of the Office of Management 
Services (OMS) into the Office of Agency Services (OAS) and the Office 
of the Chief Financial Officer (OCFO). This change will allow the 
Directors of the new offices to better focus on the core functions and 
duties of the offices.

III. Organizational Structure

    The Freedom of Information Act, 5 U.S.C. 552, requires, in part, 
that each Federal agency publish in the Federal Register, for the 
guidance of the public, a description of its organization structure. 
Accordingly, we revise our regulations by:
    (1) In Sec.  600.2, changing the zip code for the Irving, TX field 
office from 75602-3957 to 75062-3906;
    (2) In Sec.  600.4,
    (a) Including the Office of the Chief Financial Officer in FCA's 
organization structure;
    (b) Including the Office of Agency Services in FCA's organizational 
structure;
    (c) Removing the Office of Management Services from the FCA's 
organizational structure; and
    (d) Re-ordering the list of FCA offices into a more logical 
progression that is consistent with FCA's organizational chart.
    (3) In Sec. Sec.  602.8, 603.340, and 606.670, changing the Office 
of Management Services to the Office of Agency Services, and 
corresponding office name abbreviations, where appropriate;
    (4) In Sec.  602.25, removing ``Regulation and Policy Division'' 
and changing the Office of Policy and Analysis to the Office of 
Regulatory Policy.

IV. Certain Findings

    We have determined that the amendments involve Agency management 
and personnel and other minor technical changes. Therefore, the 
amendments do not constitute a rulemaking under the Administrative 
Procedure Act (APA), 5 U.S.C. 551, 553(a)(2). Under the APA, the public 
may participate in the promulgation of rules that have a substantial 
impact on the public. The amendments to our regulations relate to 
Agency management and personnel and a minor technical change only and 
have no direct impact on the public and, therefore, do not require 
public participation.
    Even if these amendments were a rulemaking under 5 U.S.C. 551, 
553(a)(2) of the APA, we have determined that notice and public comment 
are unnecessary and contrary to the public interest. Under 5 U.S.C. 
553(b)(A) and (B) of the APA, an agency may publish regulations in 
final form when they involve matters of agency organization or where 
the agency for good cause finds that notice and public comment are 
impracticable, unnecessary, or contrary to the public interest. As 
discussed above, these amendments result from recent office 
reorganizations. Because the amendments will provide accurate and 
current information on the organization of the FCA and update the 
citation to the Act, it would be contrary to the public interest to 
delay amending the regulations.

V. Regulatory Flexibility Act

    Pursuant to section 605(b) of the Regulatory Flexibility Act (5 
U.S.C. 601 et seq.), FCA hereby certifies that the final rule will not 
have a significant economic impact on a substantial number of small 
entities. Each of the banks in the Farm Credit System (System), 
considered together with its affiliated associations, has assets and 
annual income in excess of the amounts that would qualify them as small 
entities. Therefore, System institutions are not ``small entities'' as 
defined in the Regulatory Flexibility Act.

List of Subjects

12 CFR Part 600

    Organization and functions (Government agencies).

12 CFR Part 602

    Freedom of information.

12 CFR Part 603

    Privacy.

12 CFR Part 606

    Administrative practice and procedure, Civil rights, Equal 
employment opportunity, Federal buildings and facilities, Individuals 
with disabilities.

    For the reasons stated in the preamble, parts 600, 602, 603, and 
606 of chapter VI, title 12 of the Code of Federal Regulations are 
amended as follows:

PART 600--ORGANIZATION AND FUNCTIONS

0
1. The authority citation for part 600 continues to read as follows:

    Authority: Secs. 5.7, 5.8, 5.9, 5.10, 5.11, 5.17, 8.11 of the 
Farm Credit Act (12 U.S.C. 2241, 2242, 2243, 2244, 2245, 2252, 
2279aa-11).


Sec.  600.2  [Amended]

0
2. Amend Sec.  600.2 in paragraph (b) by removing the zip code ``75602-
3957'' and adding in its place the zip code ``75062-3906.''

0
3. Revise Sec.  600.4 to read as follows:


Sec.  600.4  Organization of the Farm Credit Administration.

    (a) Offices and functions. The primary offices of the FCA are:
    (1) Office of Inspector General. The Office of Inspector General 
conducts independent audits, inspections, and investigations of Agency 
programs and operations and reviews proposed legislation and 
regulations.
    (2) Secretary to the Board. The Secretary to the Board serves as 
the

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parliamentarian for the Board and keeps permanent and complete records 
and minutes of the acts and proceedings of the Board.
    (3) Equal Employment and Inclusion Director. The Office of Equal 
Employment and Inclusion manages and directs the Agency-wide Diversity, 
Inclusion, and Equal Employment Opportunity Program for FCA and FCSIC. 
The office serves as the chief liaison with the Equal Employment 
Opportunity Commission and the Office of Personnel Management on all 
EEO, diversity, and inclusion issues. The office provides counsel and 
leadership to Agency management to carry out its continuing policy and 
program of nondiscrimination, affirmative action, and diversity.
    (4) Designated Agency Ethics Official. The Designated Agency Ethics 
Official is designated by the FCA Chairman to administer the provisions 
of title I of the Ethics in Government Act of 1978, as amended, to 
coordinate and manage FCA's ethics program and to provide liaison to 
the Office of Government Ethics with regard to all aspects of FCA's 
ethics program.
    (5) Office of Congressional and Public Affairs. The Office of 
Congressional and Public Affairs performs Congressional liaison duties 
and coordinates and disseminates Agency communications.
    (6) Office of Secondary Market Oversight. The Office of Secondary 
Market Oversight regulates and examines the Federal Agricultural 
Mortgage Corporation for safety and soundness and compliance with law 
and regulations.
    (7) Office of the Chief Operating Officer. The Chief Operating 
Officer has broad responsibility for planning, directing, and 
controlling the operations of the Offices of Management Services, 
Examination, Regulatory Policy, and General Counsel in accordance with 
the operating philosophy and policies of the FCA Board.
    (8) Office of Agency Services. The Office of Agency Services 
manages human capital and administrative services for the Agency. This 
includes providing the following services to the Agency: Staffing and 
placement, job evaluation, compensation and benefits, payroll 
administration, performance management and awards, employee relations, 
employee training and development, contracting, acquisitions, records 
and property management, supply services, agency purchase cards, 
design, publication, and mail service.
    (9) Office of the Chief Financial Officer. The Office of the Chief 
Financial Officer manages and delivers timely, accurate, and reliable 
financial services to the Agency. The office establishes financial 
policies and procedures and oversees the formulation and execution of 
the Agency's budget. The office reports periodically on the status of 
the Agency's financial position, results of operations, and budgetary 
resources. It also oversees the Agency's travel management, internal 
controls, and personnel security programs.
    (10) Office of Regulatory Policy. The Office of Regulatory Policy 
develops policies and regulations for the FCA Board's consideration; 
evaluates regulatory and statutory prior approvals; manages the 
Agency's chartering activities; and analyzes policy and strategic risks 
to the System.
    (11) Office of Examination. The Office of Examination evaluates the 
safety and soundness of FCS institutions and their compliance with law 
and regulations and manages FCA's enforcement and supervision 
functions.
    (12) Office of Information Technology. The Office of Information 
Technology manages and delivers the Agency's information technology, 
data analysis infrastructure, and the security supporting Agency 
technology resources.
    (13) Office of General Counsel. The Office of General Counsel 
provides legal advice and services to the FCA Chairman, the FCA Board, 
and Agency staff.
    (b) Additional information. You may obtain more information on the 
FCA's organization by visiting our Web site at http://www.fca.gov. You 
may also contact the Office of Congressional and Public Affairs:
    (1) In writing at FCA, 1501 Farm Credit Drive, McLean, Virginia 
22102-5090;
    (2) By email at [email protected]; or
    (3) By telephone at (703) 883-4056.

PART 602--RELEASING INFORMATION

0
4. The authority citation for part 602 continues to read as follows:

    Authority: Secs. 5.9, 5.17, 5.59 of the Farm Credit Act (12 
U.S.C. 2243, 2252, 2277a-8); 5 U.S.C. 301, 552; 12 U.S.C. 1821(t); 
52 FR 10012; E.O. 12600; 52 FR 23781, 3 CFR 1987, p. 235.


Sec.  602.8  [Amended]

0
5. Amend Sec.  602.8 as follows:
0
a. In the second sentence of paragraph (a), by removing the words 
``Office of Management Services (OMS)'' and adding in their place the 
words ``Office of Agency Services (OAS).''
0
b. In paragraphs (b) and (c), by removing the abbreviation ``OMS'' and 
adding in its place the abbreviation ``OAS'' each place it appears.


Sec.  602.25  [Amended]

0
6. Amend Sec.  602.25 by removing the words ``Regulation and Policy 
Division, Office of Policy and Analysis'' and adding in their place the 
words ``Office of Regulatory Policy.''

PART 603--PRIVACY ACT REGULATIONS

0
7. The authority citation for part 603 continues to read as follows:

    Authority: Secs. 5.9, 5.17 of the Farm Credit Act (12 U.S.C. 
2243, 2252); 5 U.S.C. app. 3, 5 U.S.C. 552a(j)(2) and (k)(2).


Sec.  603.340  [Amended]

0
8. Amend Sec.  603.340 in paragraphs (a) and (b) by removing the words 
``Office of Management Services'' and adding in their place the words 
``Office of Agency Services'' each place they appear.

PART 606--ENFORCEMENT OF NONDISCRIMINATION ON THE BASIS OF HANDICAP 
IN PROGRAMS OR ACTIVITIES CONDUCTED BY THE FARM CREDIT 
ADMINISTRATION

0
9. The authority citation for part 606 continues to read as follows:

    Authority: 29 U.S.C. 794.


Sec.  606.670  [Amended]

0
10. Amend Sec.  606.670 in paragraph (c) by removing the words ``Office 
of Management Services'' and adding in their place the words ``Office 
of Agency Services.''

    Dated: July 13, 2016.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2016-16962 Filed 7-21-16; 8:45 am]
 BILLING CODE 6705-01-P