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Deposit Insurance Act (12 U.S.C. 1823(c)); or

(3) A covered acquisition that would
result in an increase in the liabilities of the financial company that does not exceed $2 billion, when aggregated with all other acquisitions by the financial company made pursuant to this paragraph (a)(3) during the twelve months preceding the projected date of the acquisition.

(b) Prior written consent —(1) General. Except as provided in paragraph (c) of this section, a financial company must request that the Board provide prior
written consent before the financial company consummates a transaction described in paragraph (a) of this

section.

(2) Contents of request. (i) A request for prior written consent under paragraph (a) of this section must

contain:

(A) A description of the covered acquisition;

(B) The projected increase in the company’s liabilities resulting from the acquisition;

(C) If the request is made pursuant to paragraph (a)(3) of this section, the projected aggregate increase in the company’s liabilities from acquisitions during the twelve months preceding the projected date of the acquisition; and

(D) Any additional information requested by the Board.

(ii) A financial company may satisfy the requirements of this paragraph (b) if:

(A) The proposed transaction otherwise requires approval by, or prior notice to, the Board under the Change in Bank Control Act, Bank Holding Company Act, Home Owners’ Loan Act, International Banking Act, or any other applicable statute, and any regulation thereunder; and

(B) The financial company includes the information required in paragraph (b)(2) of this section in the notice or request for prior approval described in paragraph (b)(2)(ii)(A) of this section.

(3) Procedures for providing written

consent. (i) The Board will act on a request for prior written consent filed under this paragraph (b) within 90 calendar days after the receipt of a complete request, unless that time period is extended by the Board. To the extent that a proposed transaction otherwise requires approval from, or prior notice to, the Board under another provision of law, the Board will act on that request for prior written consent concurrently with its action on the request for approval or notice.

(ii) In acting on a request under this paragraph (b), the Board will consider
whether the consummation of the covered acquisition could pose a threat to financial stability.

(c) General consent. The Board grants prior written consent for a covered acquisition that would result in an
increase in the liabilities of the financial company that does not exceed $100 million, when aggregated with all other covered acquisitions by the financial company made pursuant to this paragraph (c) during the twelve months preceding the date of the acquisition. A financial company that relies on prior written consent pursuant to this paragraph (c) must provide a notice to the Board within 10 days after consummating the covered acquisition that describes the covered acquisition, the increase in the company’s liabilities resulting from the acquisition, and the aggregate increase in the company’s liabilities from covered acquisitions during the twelve months preceding the date of the acquisition.

**§ 251.5 No evasion.**

A financial company may not organize or operate its business or structure any acquisition of or merger or consolidation with another company in
such a manner that results in evasion of the concentration limit established by section 14 of the Bank Holding Company Act or this part.

**§ 251.6 Reporting requirements.**

By March 31 of each year: (a) A U.S. financial company (other than a U.S. financial company that is required to file the Bank Consolidated Reports of Condition and Income (Call Report), the Consolidated Financial Statements for Holding Companies (FR Y–9C), the Parent Company Only Financial Statements for Small Holding Companies (FR Y–9SP), or the Parent Company Only Financial Statements for Large Holding Companies (FR Y–9LP), or is required to report consolidated total liabilities on the Quarterly Savings and Loan Holding Company Report (FR 2320)) must report to the Board its
consolidated liabilities as of the previous calendar year-end in the manner and form prescribed by the Board; and

(b) A foreign financial company (other than a foreign financial company that is required to file a FR Y–7) must report
to the Board its U.S. liabilities as of the previous calendar year-end in the manner and form prescribed by the
Board.

By order of the Board of Governors of the Federal Reserve System, November 4, 2014.
Robert deV. Frierson, Secretary of the Board.

[FR Doc. 2014–26747 Filed 11–13–14; 8:45 am]

**BILLING CODE 6210–01–P DEPARTMENT OF TRANSPORTATION** 

**Federal Aviation Administration**

**14 CFR Part 25**

**[Docket No. FAA–2014–0564; Special Conditions No. 25–XXX–SC]** 

**Special Conditions: Dassault Model Falcon 900EX Airplane; Electronic**  **System-Security Protection From**
**Unauthorized External Access**

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Final special conditions, request
for comments.

**SUMMARY :**  These special conditions are
issued for Dassault Model Falcon 900EX airplanes. These airplanes will have a novel or unusual design featureassociated with electronic systemsecurity protection from unauthorized external access. The applicable airworthiness regulations do not contain adequate or appropriate safety standards for this design feature. These special conditions contain the additional safety
standards that the Administrator considers necessary to establish a level of safety equivalent to that established by the existing airworthiness standards.

**DATES :**  Effective December 15, 2014.

**FOR FURTHER INFORMATION CONTACT :**  Varun Khanna, FAA, Airplane and Flightcrew Interface Branch, ANM–111, Transport Airplane Directorate, Aircraft Certification Service, 1601 Lind Avenue SW., Renton, Washington, 98057–3356; telephone (425) 227–1298; facsimile (425) 227–1320.

**SUPPLEMENTARY INFORMATION :** 
Background

On March 20, 2013, Dassault Aircraft Services applied for a type certificate for their new Model 900EX airplane.

The Dassault Falcon 900EX is a business jet with seating for up to 19 passengers. Three Allied Signal TFE 731–60–1C engines power the airplane, which has a maximum takeoff weight of 49,000 pounds.

Contemporary transport-category airplanes have both safety-related and non-safety-related electronic system networks for many operationalfunctions. However, electronic systemnetwork-security considerations and functions have played a relatively minor role in the certification of such systems because of the isolation, protection mechanisms, and limited connectivity
between the different networks.

Comments Invited

We invite interested people to take part in this rulemaking by sending


### 68108 Federal Register / Vol. 79, No. 220 / Friday, November 14, 2014 / Rules and Regulations

written comments, data, or views. The most helpful comments reference a specific portion of the special conditions, explain the reason for any recommended change, and include supporting data.

We will consider all comments we receive by the closing date for comments. We may change these special
conditions based on the comments we

receive.

Type Certification Basis

Under Title 14, Code of Federal Regulations (14 CFR) 21.17, Dassault
must show that the Model Falcon 900EX airplane meets the applicable provisions of 14 CFR part 25, as amended by Amendments 25–1 through 25–129.

If the Administrator finds that the applicable airworthiness regulations (i.e., 14 CFR part 25) do not contain adequate or appropriate safety standards for the Model Falcon 900EX airplane because of a novel or unusual design feature, special conditions are prescribed under § 21.16.

Special conditions are initially applicable to the model for which they are issued. Should the type certificate
for that model be amended later to include any other model that incorporates the same novel or unusual design feature, the special conditions would also apply to the other model under § 21.101.

In addition to the applicable airworthiness regulations and special conditions, the Model Falcon 900EX airplane must comply with the fuel-vent and exhaust-emission requirements of14 CFR part 34, and the noisecertification requirements of 14 CFR part 36. The FAA must issue a finding of regulatory adequacy under section 611 of Public Law 92–574, the ‘‘Noise
Control Act of 1972.’’

The FAA issues special conditions, as defined in 14 CFR 11.19, under § 11.38,and they become part of the typecertification basis under § 21.17(a)(2).

Novel or Unusual Design Features

The Dassault Model Falcon 900EX airplane will incorporate the following novel or unusual design feature:

The digital systems architecture for
the Dassault Model Falcon 900EX airplane is composed of several
connected networks. This network
architecture is used for a diverse set of functions, providing data connectivity between systems, including:

1. Airplane control, communication, display, monitoring and navigation systems,

2. Operator business and administrative support systems, 3. Passenger entertainment systems,
and

4. Access by systems external to the airplane.

Discussion

The Dassault Model Falcon 900EX airplane network architecture and configuration may allow increased connectivity to, and access from, external network sources, and operator operations and maintenance networks to the airplane control domain and operator-information-services domain. The airplane-control domain and operator-information-services domain perform functions required for the safe operation and maintenance of the airplane. Previously, these domains had very limited connectivity with external
network sources. The network architecture and configuration mayallow the exploitation of networksecurity vulnerabilities resulting in intentional or unintentional destruction, disruption, degradation, or exploitation of data, systems, and networks critical to the safety and maintenance of the airplane.

The existing regulations and guidance material did not anticipate these types of airplane system architectures. Furthermore, 14 CFR regulations and current system-safety assessment policy and techniques do not address potential security vulnerabilities, which could be exploited by unauthorized access to airplane networks, data buses, and servers. Therefore, these special
conditions are to ensure that
unauthorized wired or wireless
electronic connections do not compromise the security (i.e., confidentiality, integrity, and availability) of airplane systems.

These special conditions contain the additional safety standards that the Administrator considers necessary to establish a level of safety equivalent to that established by the existing
airworthiness standards.

Applicability

As discussed above, these special conditions apply to the Dassault Model Falcon 900EX airplane. Should Dassault apply later for a change to the type
certificate to include another model incorporating the same novel or unusual design feature, the special conditions would apply to that model as well.

Conclusion

This action affects only certain novel or unusual design features on the Dassault Model Falcon 900EX airplane. It is not a rule of general applicability. List of Subjects in 14 CFR Part 25

Aircraft, Aviation safety, Reporting and recordkeeping requirements.

The authority citation for these special conditions is as follows:

Authority: 49 U.S.C. 106(g), 40113, 44701,

44702, 44704.
The Special Conditions

Accordingly, pursuant to the authority delegated to me by the Administrator, the following specialconditions are issued as part of the typecertification basis for Dassault Model Falcon 900EX airplanes.

1. The applicant must ensure airplane electronic system-security protection from access by unauthorized sources external to the airplane, including those possibly caused by maintenance activity.

2. The applicant must ensure that electronic system-security threats are identified and assessed, and that effective electronic system-security protection strategies are implemented to protect the airplane from all adverse impacts on safety, functionality, and
continued airworthiness.

3. The applicant must establish appropriate procedures to allow the operator to ensure that continued airworthiness of the airplane ismaintained, including all post-typecertification modifications that may have an impact on the approved electronic system-security safeguards.

Issued in Renton, Washington, on November 5, 2014. Jeffrey E. Duven, Manager, Transport Airplane Directorate, Aircraft Certification Service.

[FR Doc. 2014–26819 Filed 11–13–14; 8:45 am]

**BILLING CODE 4910–13–P**

**DEPARTMENT OF TRANSPORTATION**

**Federal Aviation Administration**

**14 CFR Part 39**

**[Docket No. FAA–2014–0337; Directorate Identifier 2013–SW–029–AD; Amendment**  **39–18008; AD 2014–22–03]**

**RIN 2120–AA64**

**Airworthiness Directives; Various Restricted Category Helicopters** 

**AGENCY :**  Federal Aviation Administration (FAA), DOT.

**ACTION :**  Final rule.

**SUMMARY :**  We are superseding Airworthiness Directive (AD) 2012–14– 11 for Arrow Falcon Exporters, Inc. (AFE), Rotorcraft Development