81_FR_47832 81 FR 47691 - FCA Organization; Updates and Technical Corrections

81 FR 47691 - FCA Organization; Updates and Technical Corrections

FARM CREDIT ADMINISTRATION

Federal Register Volume 81, Issue 141 (July 22, 2016)

Page Range47691-47692
FR Document2016-16962

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.

Federal Register, Volume 81 Issue 141 (Friday, July 22, 2016)
[Federal Register Volume 81, Number 141 (Friday, July 22, 2016)]
[Rules and Regulations]
[Pages 47691-47692]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16962]



[[Page 47691]]

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

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.

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

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

[[Page 47692]]

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



                                                                Federal Register / Vol. 81, No. 141 / Friday, July 22, 2016 / Rules and Regulations                                            47691

                                           FARM CREDIT ADMINISTRATION                               structure. Accordingly, we revise our                 V. Regulatory Flexibility Act
                                                                                                    regulations by:                                          Pursuant to section 605(b) of the
                                           12 CFR Parts 600, 602, 603, and 606                         (1) In § 600.2, changing the zip code
                                                                                                                                                          Regulatory Flexibility Act (5 U.S.C. 601
                                                                                                    for the Irving, TX field office from
                                           RIN 3052–AD17                                                                                                  et seq.), FCA hereby certifies that the
                                                                                                    75602–3957 to 75062–3906;
                                                                                                                                                          final rule will not have a significant
                                                                                                       (2) In § 600.4,
                                           FCA Organization; Updates and                               (a) Including the Office of the Chief              economic impact on a substantial
                                           Technical Corrections                                    Financial Officer in FCA’s organization               number of small entities. Each of the
                                                                                                    structure;                                            banks in the Farm Credit System
                                           AGENCY:    Farm Credit Administration.                                                                         (System), considered together with its
                                                                                                       (b) Including the Office of Agency
                                           ACTION:   Final rule.                                                                                          affiliated associations, has assets and
                                                                                                    Services in FCA’s organizational
                                                                                                    structure;                                            annual income in excess of the amounts
                                           SUMMARY:   The Farm Credit
                                                                                                       (c) Removing the Office of                         that would qualify them as small
                                           Administration (FCA or Agency) issues
                                                                                                    Management Services from the FCA’s                    entities. Therefore, System institutions
                                           a final rule amending its regulations to
                                                                                                    organizational structure; and                         are not ‘‘small entities’’ as defined in the
                                           reflect changes in the Agency’s
                                                                                                       (d) Re-ordering the list of FCA offices            Regulatory Flexibility Act.
                                           organizational structure and correct the
                                           zip code for the field office located in                 into a more logical progression that is               List of Subjects
                                           Irving, TX.                                              consistent with FCA’s organizational
                                                                                                    chart.                                                12 CFR Part 600
                                           DATES: This regulation will become
                                                                                                       (3) In §§ 602.8, 603.340, and 606.670,               Organization and functions
                                           effective no earlier than 30 days after                  changing the Office of Management
                                           publication in the Federal Register                                                                            (Government agencies).
                                                                                                    Services to the Office of Agency
                                           during which either one or both Houses                   Services, and corresponding office name               12 CFR Part 602
                                           of Congress are in session. We will                      abbreviations, where appropriate;
                                           publish a notice of the effective date in                                                                          Freedom of information.
                                                                                                       (4) In § 602.25, removing ‘‘Regulation
                                           the Federal Register.                                    and Policy Division’’ and changing the                12 CFR Part 603
                                           FOR FURTHER INFORMATION CONTACT:                         Office of Policy and Analysis to the                      Privacy.
                                           Mike Wilson, Policy Analyst, Office of                   Office of Regulatory Policy.
                                           Regulatory Policy, Farm Credit                                                                                 12 CFR Part 606
                                           Administration, McLean, VA 22102–                        IV. Certain Findings
                                                                                                                                                            Administrative practice and
                                           5090, (703) 883–4124, TTY (703) 883–                       We have determined that the                         procedure, Civil rights, Equal
                                           4434; or Autumn Agans, Attorney-                         amendments involve Agency                             employment opportunity, Federal
                                           Advisor, Office of General Counsel,                      management and personnel and other                    buildings and facilities, Individuals
                                           Farm Credit Administration, McLean,                      minor technical changes. Therefore, the               with disabilities.
                                           Virginia 22102–5090, (703) 883–4020,                     amendments do not constitute a                          For the reasons stated in the
                                           TTY (703) 883–4020.                                      rulemaking under the Administrative                   preamble, parts 600, 602, 603, and 606
                                           SUPPLEMENTARY INFORMATION:                               Procedure Act (APA), 5 U.S.C. 551,                    of chapter VI, title 12 of the Code of
                                                                                                    553(a)(2). Under the APA, the public                  Federal Regulations are amended as
                                           I. Objectives                                            may participate in the promulgation of                follows:
                                              The objective of this final rule is to                rules that have a substantial impact on
                                           reflect changes to the FCA’s                             the public. The amendments to our                     PART 600—ORGANIZATION AND
                                           organizational structure and correct the                 regulations relate to Agency                          FUNCTIONS
                                           zip code for the field office located in                 management and personnel and a minor
                                           Irving, TX. In addition, references in our               technical change only and have no                     ■ 1. The authority citation for part 600
                                           regulations to various FCA offices,                      direct impact on the public and,                      continues to read as follows:
                                           which have changed, have been revised.                   therefore, do not require public                        Authority: Secs. 5.7, 5.8, 5.9, 5.10, 5.11,
                                           We also are re-ordering the list of FCA                  participation.                                        5.17, 8.11 of the Farm Credit Act (12 U.S.C.
                                           offices into a more logical progression                    Even if these amendments were a                     2241, 2242, 2243, 2244, 2245, 2252, 2279aa–
                                           that is consistent with FCA’s                            rulemaking under 5 U.S.C. 551,                        11).
                                           organizational chart.                                    553(a)(2) of the APA, we have
                                                                                                    determined that notice and public                     § 600.2   [Amended]
                                           II. Overview                                             comment are unnecessary and contrary                  ■  2. Amend § 600.2 in paragraph (b) by
                                             On April 27, 2016, the FCA Board                       to the public interest. Under 5 U.S.C.                removing the zip code ‘‘75602–3957’’
                                           approved an organizational chart that                    553(b)(A) and (B) of the APA, an agency               and adding in its place the zip code
                                           separated the unrelated functions of the                 may publish regulations in final form                 ‘‘75062–3906.’’
                                           Office of Management Services (OMS)                      when they involve matters of agency                   ■ 3. Revise § 600.4 to read as follows:
                                           into the Office of Agency Services                       organization or where the agency for
                                           (OAS) and the Office of the Chief                        good cause finds that notice and public               § 600.4 Organization of the Farm Credit
                                           Financial Officer (OCFO). This change                    comment are impracticable,                            Administration.
                                           will allow the Directors of the new                      unnecessary, or contrary to the public                  (a) Offices and functions. The primary
                                           offices to better focus on the core                      interest. As discussed above, these                   offices of the FCA are:
                                           functions and duties of the offices.                     amendments result from recent office                    (1) Office of Inspector General. The
                                                                                                    reorganizations. Because the                          Office of Inspector General conducts
ehiers on DSK5VPTVN1PROD with RULES




                                           III. Organizational Structure                            amendments will provide accurate and                  independent audits, inspections, and
                                             The Freedom of Information Act, 5                      current information on the organization               investigations of Agency programs and
                                           U.S.C. 552, requires, in part, that each                 of the FCA and update the citation to                 operations and reviews proposed
                                           Federal agency publish in the Federal                    the Act, it would be contrary to the                  legislation and regulations.
                                           Register, for the guidance of the public,                public interest to delay amending the                   (2) Secretary to the Board. The
                                           a description of its organization                        regulations.                                          Secretary to the Board serves as the


                                      VerDate Sep<11>2014   14:57 Jul 21, 2016   Jkt 238001   PO 00000   Frm 00003   Fmt 4700   Sfmt 4700   E:\FR\FM\22JYR1.SGM   22JYR1


                                           47692                Federal Register / Vol. 81, No. 141 / Friday, July 22, 2016 / Rules and Regulations

                                           parliamentarian for the Board and keeps                  services to the Agency. The office                    adding in its place the abbreviation
                                           permanent and complete records and                       establishes financial policies and                    ‘‘OAS’’ each place it appears.
                                           minutes of the acts and proceedings of                   procedures and oversees the
                                           the Board.                                                                                                     § 602.25    [Amended]
                                                                                                    formulation and execution of the
                                              (3) Equal Employment and Inclusion                    Agency’s budget. The office reports                   ■ 6. Amend § 602.25 by removing the
                                           Director. The Office of Equal                            periodically on the status of the                     words ‘‘Regulation and Policy Division,
                                           Employment and Inclusion manages                         Agency’s financial position, results of               Office of Policy and Analysis’’ and
                                           and directs the Agency-wide Diversity,                   operations, and budgetary resources. It               adding in their place the words ‘‘Office
                                           Inclusion, and Equal Employment                          also oversees the Agency’s travel                     of Regulatory Policy.’’
                                           Opportunity Program for FCA and                          management, internal controls, and
                                           FCSIC. The office serves as the chief                    personnel security programs.                          PART 603—PRIVACY ACT
                                           liaison with the Equal Employment                           (10) Office of Regulatory Policy. The              REGULATIONS
                                           Opportunity Commission and the Office                    Office of Regulatory Policy develops
                                           of Personnel Management on all EEO,                                                                            ■ 7. The authority citation for part 603
                                                                                                    policies and regulations for the FCA
                                           diversity, and inclusion issues. The                                                                           continues to read as follows:
                                                                                                    Board’s consideration; evaluates
                                           office provides counsel and leadership                   regulatory and statutory prior approvals;               Authority: Secs. 5.9, 5.17 of the Farm
                                           to Agency management to carry out its                    manages the Agency’s chartering                       Credit Act (12 U.S.C. 2243, 2252); 5 U.S.C.
                                           continuing policy and program of                                                                               app. 3, 5 U.S.C. 552a(j)(2) and (k)(2).
                                                                                                    activities; and analyzes policy and
                                           nondiscrimination, affirmative action,                   strategic risks to the System.                        § 603.340    [Amended]
                                           and diversity.                                              (11) Office of Examination. The Office
                                              (4) Designated Agency Ethics Official.                                                                      ■ 8. Amend § 603.340 in paragraphs (a)
                                                                                                    of Examination evaluates the safety and
                                           The Designated Agency Ethics Official                                                                          and (b) by removing the words ‘‘Office
                                                                                                    soundness of FCS institutions and their
                                           is designated by the FCA Chairman to                                                                           of Management Services’’ and adding in
                                                                                                    compliance with law and regulations
                                           administer the provisions of title I of the                                                                    their place the words ‘‘Office of Agency
                                                                                                    and manages FCA’s enforcement and
                                           Ethics in Government Act of 1978, as                                                                           Services’’ each place they appear.
                                                                                                    supervision functions.
                                           amended, to coordinate and manage                           (12) Office of Information Technology.
                                           FCA’s ethics program and to provide                                                                            PART 606—ENFORCEMENT OF
                                                                                                    The Office of Information Technology                  NONDISCRIMINATION ON THE BASIS
                                           liaison to the Office of Government                      manages and delivers the Agency’s
                                           Ethics with regard to all aspects of                                                                           OF HANDICAP IN PROGRAMS OR
                                                                                                    information technology, data analysis                 ACTIVITIES CONDUCTED BY THE
                                           FCA’s ethics program.                                    infrastructure, and the security
                                              (5) Office of Congressional and Public                                                                      FARM CREDIT ADMINISTRATION
                                                                                                    supporting Agency technology
                                           Affairs. The Office of Congressional and                 resources.                                            ■ 9. The authority citation for part 606
                                           Public Affairs performs Congressional                       (13) Office of General Counsel. The                continues to read as follows:
                                           liaison duties and coordinates and                       Office of General Counsel provides legal
                                           disseminates Agency communications.                                                                                Authority: 29 U.S.C. 794.
                                                                                                    advice and services to the FCA
                                              (6) Office of Secondary Market                        Chairman, the FCA Board, and Agency                   § 606.670    [Amended]
                                           Oversight. The Office of Secondary                       staff.
                                           Market Oversight regulates and                                                                                 ■ 10. Amend § 606.670 in paragraph (c)
                                                                                                       (b) Additional information. You may                by removing the words ‘‘Office of
                                           examines the Federal Agricultural                        obtain more information on the FCA’s
                                           Mortgage Corporation for safety and                                                                            Management Services’’ and adding in
                                                                                                    organization by visiting our Web site at              their place the words ‘‘Office of Agency
                                           soundness and compliance with law                        http://www.fca.gov. You may also
                                           and regulations.                                                                                               Services.’’
                                                                                                    contact the Office of Congressional and
                                              (7) Office of the Chief Operating                                                                             Dated: July 13, 2016.
                                                                                                    Public Affairs:
                                           Officer. The Chief Operating Officer has                                                                       Dale L. Aultman,
                                                                                                       (1) In writing at FCA, 1501 Farm
                                           broad responsibility for planning,                                                                             Secretary, Farm Credit Administration Board.
                                                                                                    Credit Drive, McLean, Virginia 22102–
                                           directing, and controlling the operations
                                                                                                    5090;                                                 [FR Doc. 2016–16962 Filed 7–21–16; 8:45 am]
                                           of the Offices of Management Services,                      (2) By email at info-line@fca.gov; or              BILLING CODE 6705–01–P
                                           Examination, Regulatory Policy, and                         (3) By telephone at (703) 883–4056.
                                           General Counsel in accordance with the
                                           operating philosophy and policies of the                 PART 602—RELEASING                                    FEDERAL RESERVE SYSTEM
                                           FCA Board.                                               INFORMATION
                                              (8) Office of Agency Services. The                                                                          12 CFR Chapter II
                                           Office of Agency Services manages                        ■ 4. The authority citation for part 602
                                           human capital and administrative                         continues to read as follows:                         [Docket No. OP–1544]
                                           services for the Agency. This includes                     Authority: Secs. 5.9, 5.17, 5.59 of the Farm
                                           providing the following services to the                                                                        Federal Reserve Policy on Payment
                                                                                                    Credit Act (12 U.S.C. 2243, 2252, 2277a–8);           System Risk; Procedures for
                                           Agency: Staffing and placement, job                      5 U.S.C. 301, 552; 12 U.S.C. 1821(t); 52 FR
                                           evaluation, compensation and benefits,                                                                         Measuring Daylight Overdrafts
                                                                                                    10012; E.O. 12600; 52 FR 23781, 3 CFR 1987,
                                           payroll administration, performance                      p. 235.                                               AGENCY:  Board of Governors of the
                                           management and awards, employee                                                                                Federal Reserve System.
                                                                                                    § 602.8   [Amended]
                                           relations, employee training and                                                                               ACTION: Policy statement.
                                           development, contracting, acquisitions,                  ■ 5. Amend § 602.8 as follows:
                                           records and property management,                         ■ a. In the second sentence of paragraph              SUMMARY:   The Board of Governors of the
ehiers on DSK5VPTVN1PROD with RULES




                                           supply services, agency purchase cards,                  (a), by removing the words ‘‘Office of                Federal Reserve System (Board) has
                                           design, publication, and mail service.                   Management Services (OMS)’’ and                       revised part II of the Federal Reserve
                                              (9) Office of the Chief Financial                     adding in their place the words ‘‘Office              Policy on Payment System Risk (PSR
                                           Officer. The Office of the Chief                         of Agency Services (OAS).’’                           policy) related to the procedures for
                                           Financial Officer manages and delivers                   ■ b. In paragraphs (b) and (c), by                    measuring balances intraday in
                                           timely, accurate, and reliable financial                 removing the abbreviation ‘‘OMS’’ and                 institutions’ accounts at the Federal


                                      VerDate Sep<11>2014   16:28 Jul 21, 2016   Jkt 238001   PO 00000   Frm 00004   Fmt 4700   Sfmt 4700   E:\FR\FM\22JYR1.SGM   22JYR1



Document Created: 2016-07-22 02:37:55
Document Modified: 2016-07-22 02:37:55
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionRules and Regulations
ActionFinal rule.
DatesThis 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.
ContactMike 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.
FR Citation81 FR 47691 
RIN Number3052-AD17
CFR Citation12 CFR 600
12 CFR 602
12 CFR 603
12 CFR 606
CFR AssociatedOrganization and Functions (government Agencies); Freedom of Information; Privacy; Administrative Practice and Procedure; Civil Rights; Equal Employment Opportunity; Federal Buildings and Facilities and Individuals with Disabilities

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR