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FCA Handbook Update Notice

Update Notice Release Date: 07/31/2012


[If you currently maintain a hard copy of the FCA Handbook and plan on continuing to do so, we will indicate when pending or revised documents need to be removed. Otherwise, update notices will summarize the addition of new material for the FCA Handbook.]





FCA Regulations

Lending and Leasing Limits and Risk Management (HM-11-4*) -- The Farm Credit Administration (FCA, Agency, we, our) issued this final rule amending our regulations relating to lending and leasing limits (lending limits) and loan and lease concentration risk mitigation (risk mitigation) with a delayed effective date. The final rule lowers the limit on extensions of credit to a single borrower or lessee (collectively borrower) for each Farm Credit System (System) institution operating under title I or II of the Farm Credit Act of 1971, as amended (Act). This final rule also adds new regulations requiring all titles I, II, and III System institutions to adopt written policies to effectively identify, limit, measure and monitor their exposures to loan and lease (collectively loan) concentration risks. We expect this final rule will increase the safe and sound operation of System institutions by strengthening their risk mitigation practices and abilities to withstand volatile and negative changes in increasingly complex and integrated agricultural markets. (Adopted 5/12/11; published 5/24/11 (76 FR 29992); effective date 7/1/12)

FCA Regulations - Part 614.pdfFCA Regulations - Part 614.pdf



[Remove Handbook mailings HM-10-9, HM-11-4* and existing Parts 600 to 655. Using the PDF file provided on our Web site, print out FCA Regulations - Parts 600 to 655 for the most current version incorporating these amendments or just print the individual amended Part attached above. You may also want to print out the FCA Pending Regulations & Notices for the most current version using the PDF files provided on our Web site.]