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Return to Comments
Capital Adequacy - Capital Components; Basel Accord Tier 1/Tier 2 - ANPRM
Type: Regulation
Federal Register Document Type: ANPRM
This Advance Notice of Proposed Rulemaking (ANPR) considers possible regulatory revisions to FCA's capital rules that would enhance the capital framework and more closely align minimum capital requirements to risks taken by Farm Credit System (System) institutions.

Text of Comment Letter
-----Original Message-----
From: Bienz, Dan
Sent: Tuesday, March 04, 2008 11:44 AM
To: ''
Cc: Lorello, Joanne; Jacob, Andrew (E-mail); Williams, Doug; Stewart, Jamie; Doyle, Larry (E-mail); Engel, Bob (E-mail); Lowrey, Andy (E-mail); Rhodes, Darryl (E-mail); York, Bill (E-mail); Harrison, Luetta (E-mail); Hide, Julie (E-mail); Jones, Della (E-mail); Monroe, Donna (E-mail); Payne, Sherrie (E-mail); Rees, Marilyn (E-mail); Sinnett, Dee (E-mail); Swanson, Carol (E-mail); Bienz, Dan (work) (E-mail); Buckner, Allen (E-mail); Cole, Diane (E-mail); Curtis, Darrell (E-mail); Dana, Charlie (E-mail); Herring, Scott (E-mail); Isaac, Les (E-mail); Jensen, Mark (E-mail); Littlefield, Mark (E-mail); Marsh, H. John Jr. (E-mail); Miller, Mark (E-mail); Monson, Richard (E-mail); Moore, Jeff (E-mail); Nakano, Tom (E-mail); Pfeifer, Charles (E-mail); Reno, Greg (E-mail); Staley, Steve (E-mail); VandeVanter, Don (E-mail); Anderson, Ross B. (E-mail); Grizzell, Dennis (E-mail); Melton, Bill (E-mail); Wilhelm, Doug (E-mail); Amerson, Timmy (E-mail); Butler, Charl (E-mail); Hill,Tom (E-mail); Jackson, Brian (E-mail); Janish, David (E-mail); O'Keane, Brian (E-mail)
Subject: Request for Extension of Comment Period

Via E-Mail

To: Gary K. Van Meter
Deputy Director
Office of Regulatory Policy
Farm Credit Administration

From: Jamie B. Stewart, Jr.

cc: Presidents and CEOs,
Farm Credit System Banks
Capital ANPR Work Group

Date: March 4, 2008

Subject: Request for Extension of Comment Period

The Federal Farm Credit Banks Funding Corporation, on behalf of the System Banks and Associations, appreciates this opportunity to comment on the advanced notice of proposed rulemaking published in the October 31, 2007 Federal Register concerning possible modifications to the risk-based capital rules for Farm Credit System institutions. The System is supportive of the Agency' s regulatory effort to modernize the regulatory capital requirements for System institutions and appreciates the opportunity extended to-date to dialogue with the Agency. However, for the reasons discussed in the attached letter, we would like to request an extension of the comment period to December 31, 2008.

If you have any questions, please feel free to contact John Marsh (201-200-8071) or me (201-200-8001).
comment letter 4Mar08.pdf>>

Daniel M. Bienz
(See attached file: Funding Corp Extension Request 3_4_08.pdf)