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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

Data from Web Comment:
Status: Current Regulation

Inactive hide details for Comment Letter DataComment Letter Data
Date of Comment Letter: 02/12/2009
Date Comment Received: Type of Comment Received: Web
Type of Sender: FCS Institution
Type of Response: Other - Mixed
Form Letter:
Form Letter Type:
Congressional District:
First Review:
Second Review:

Inactive hide details for FCA Performance Measures SurveyFCA Performance Measures Survey
Do the regulations:

    1. Promote Safety and soundness?
    4. Establish standards that are clear and easily understood?
    2. Implement the purposes of the law without unnecessary burden or cost?
    5. Specify appropriate performance criteria and operational objectives?
    3. Have a well-defined objective and address specifically identified risks?
    6. Promote consistency with the policy positions of other financial institution regulations where possible?

Inactive hide details for Text of Comment LetterText of Comment Letter
Hello Gary Van Meter and Wade Wynn. Per our conversations, I have
attached a modestly revised Exhibit I to the Farm Credit System's
12-23-2008 response to the FCA's 10-31-07 Capital Advanced Notice of
Public Rulemaking. The marked revisions and a clean version are both
attached. The System Workgroup is of course available for questions and
dialogue. Best regards, Steve Staley, Senior Vice President, CoBank,
<<EXHIBIT I Tier 1 - Tier 2_marked,02-12-09.pdf>> <<EXHIBIT I Tier 1 -
Tier 2_02-12-09.pdf>>
(See attached file: EXHIBIT I Tier 1 - Tier 2_marked,02-12-09.pdf)
(See attached file: EXHIBIT I Tier 1 - Tier 2_02-12-09.pdf)