[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]


=======================================================================
-----------------------------------------------------------------------

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.

-----------------------------------------------------------------------

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

0
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]

0
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