Federal Register / Vol. 79, No. 126 / Tuesday, July 1, 2014 / Rules and Regulations 37167 

1972(1), 3106, 3108, 3310, 3331–3351, 3907, 

and 3909; 15 U.S.C. 1681s, 1681w, 6801 and 

6805. 

■ 4. Amend Appendix F to part 225, as 

follows: 

■ a. In section I.C.2.b., remove 

‘‘§ 216.3(h)’’ and add in its place 

‘‘§ 1016.3(i)’’; and 

■ b. In section I.C.2.c., remove 

‘‘§ 216.3(n)’’ and add in its place 

‘‘§ 1016.3(p).’’ 

By order of the Board of Governors of the 

Federal Reserve System, acting through the 

Secretary of the Board under delegated 

authority, June 25, 2014. 

Robert deV. Frierson, 

Secretary of the Board. 

[FR Doc. 2014–15292 Filed 6–30–14; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL HOUSING FINANCE 

AGENCY 

12 CFR Part 1238 

[No. 2014–N–8] 

Order: Supplemental Order on 

Reporting by Regulated Entities of 

Stress Testing Results as of 

September 30, 2013 

AGENCY: Federal Housing Finance 

Agency. 

ACTION: Orders. 

SUMMARY: In this document, the Federal 

Housing Finance Agency (FHFA) 

provides notice that it issued an Order 

to supplement its Orders dated 

November 26, 2013 and December 13, 

2013, with respect to the reporting of 

each Federal Home Loan Banks’ results 

under section 165(i)(2) of the DoddFrank Wall Street Reform and Consumer 

Protection Act (Dodd-Frank Act). 

DATES: Effective July 1, 2014. The Order 

is applicable June 24, 2014. 

FOR FURTHER INFORMATION CONTACT: Naa 

Awaa Tagoe, Senior Associate Director, 

Office of Financial Analysis, Modeling 

and Simulations, (202) 649–3140, 

naaawaa.tagoe@fhfa.gov; Stefan 

Szilagyi, Examination Manager, 

FHLBank Modeling, FHLBank Risk 

Modeling Branch, (202) 649–3515, 

stefan.szilagy@fhfa.gov; or Mark D. 

Laponsky, Deputy General Counsel, 

Office of General Counsel, (202) 649– 

3054 (these are not toll-free numbers), 

mark.laponsky@fhfa.gov. The telephone 

number for the Telecommunications 

Device for the Hearing Impaired is (800) 

877–8339. 

SUPPLEMENTARY INFORMATION: 

I. Background 

FHFA is responsible for ensuring that 

the regulated entities operate in a safe 

and sound manner, including the 

maintenance of adequate capital and 

internal controls, that their operations 

and activities foster liquid, efficient, 

competitive, and resilient national 

housing finance markets, and that they 

carry out their public policy missions 

through authorized activities. See 12 

U.S.C. 4513. The Supplemental Order is 

being issued under 12 U.S.C. 4514(a), 

which authorizes the Director of FHFA 

to require by Order that the regulated 

entities submit regular or special reports 

to FHFA and establishes remedies and 

procedures for failing to make reports 

required by Order. The Supplemental 

Order provides to the Federal Home 

Loan Banks a revised template to use in 

reporting to the public the severely 

adverse results of their respective stress 

tests. 

II. Order 

For the convenience of the affected 

parties, the text of the Order, without 

appendices, follows below in its 

entirety. You may access this Order 

with its attachment from FHFA’s Web 

site at http://www.fhfa.gov/

SupervisionRegulation/

LegalDocuments/Pages/Orders.aspx. 

The Order will be available for public 

inspection and copying at the Federal 

Housing Finance Agency, Eighth Floor, 

400 Seventh St. SW., Washington, DC 

20024. To make an appointment, call 

(202) 649–3804. 

The text of the Supplemental Order is 

as follows: 

Federal Housing Finance Agency 

Order No. 2014–OR–B–1 

SUPPLEMENTAL ORDER ON REPORTING 

BY REGULATED ENTITIES OF STRESS 

TESTING RESULTS AS OF SEPTEMBER 30, 

2013 

Whereas, section 165(i)(2) of the DoddFrank Wall Street Reform and Consumer 

Protection Act (‘‘Dodd-Frank Act’’) requires 

certain financial companies with total 

consolidated assets of more than $10 billion, 

and which are regulated by a primary Federal 

financial regulatory agency, to conduct 

annual stress tests to determine whether the 

companies have the capital necessary to 

absorb losses as a result of adverse economic 

conditions; 

Whereas, FHFA’s rule implementing 

section 165(i)(2) of the Dodd-Frank Act is 

codified as 12 CFR part 1238 and requires 

that ‘‘[e]ach regulated entity must file a 

report in the manner and form established by 

FHFA.’’ 12 CFR § 1238.5(b); 

Whereas, on November 26, 2013, FHFA 

issued an Order to each regulated entity 

accompanied by appendices numbered 1 

through 10 and amended Summary 

Instructions and Guidance relating to the 

performance of stress tests as of September 

30, 2013, and the reporting of the results of 

such tests; 

Whereas, on December 13, 2013, FHFA 

issued a Supplemental Order to each 

regulated entity providing two additional 

appendices for use in reporting stress testing 

results as of September 30, 2013; 

Whereas, each of the Federal Home Loan 

Banks timely submitted its stress test results 

pursuant to 12 CFR part 1238 and the 

implementing Orders, instructions, and 

guidance; 

Whereas, after analyzing the results of each 

of the Federal Home Loan Banks’ stress 

testing and the methodologies and practices 

used in testing, FHFA has determined that 

the original template designed for public 

disclosure of the severely adverse test results 

should be revised; and 

Whereas, section 1314 of the Safety and 

Soundness Act, 12 U.S.C. § 4514(a) 

authorizes the Director of FHFA to require 

regulated entities, by general or specific 

order, to submit such reports on their 

management, activities, and operations as the 

Director considers appropriate. 

Now Therefore, it is hereby ordered as 

follows: 

Each of the Federal Home Loan Banks 

shall publicly report as required by 12 

CFR part 1238 the severely adverse 

results of the required stress testing 

using the template provided herewith as 

Attachment 1. 

It is so ordered, this 24th day of June 

2014 

This Order is effective immediately. 

Signed at Washington, DC, this 24th day of 

June, 2014. 

Melvin L. Watt, 

Director, Federal Housing Finance Agency. 

Dated: June 24, 2014. 

Melvin L. Watt, 

Director, Federal Housing Finance Agency. 

[FR Doc. 2014–15396 Filed 6–30–14; 8:45 am] 

BILLING CODE 8070–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2013–0953; Directorate 

Identifier 2013–NE–32–AD; Amendment 39– 

17877; AD 2014–13–02] 

RIN 2120–AA64 

Airworthiness Directives; Rolls-Royce 

plc Turbofan Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: We are adopting a new 

airworthiness directive (AD) for certain 

Rolls-Royce plc (RR) RB211-Trent 875– 

17, 877–17, 884–17, 884B–17, 892–17, 

892B–17, and 895–17 turbofan engines. 

This AD requires inspection of the 


pmangrum on DSK3VPTVN1PROD with RULES
37168 Federal Register / Vol. 79, No. 126 / Tuesday, July 1, 2014 / Rules and Regulations 

affected low-pressure (LP) turbine 

bearing support and exhaust case 

assembly and, if necessary, its 

replacement with a part eligible for 

installation. This AD was prompted by 

thin-walled LP turbine bearing support 

and exhaust case assemblies having 

been delivered into service. We are 

issuing this AD to prevent failure of the 

LP turbine bearing support and exhaust 

case assembly, which could lead to 

engine separation and damage to the 

airplane. 

DATES: This AD becomes effective 

August 5, 2014. 

The Director of the Federal Register 

approved the incorporation by reference 

of a certain publication listed in this AD 

as of August 5, 2014. 

ADDRESSES: For service information 

identified in this AD, contact RollsRoyce plc, Corporate Communications, 

P.O. Box 31, Derby, England, DE248BJ; 

phone: 011–44–1332–242424; fax: 011– 

44–1332–249936; email: http://

www.rolls-royce.com/contact/civil_

team.jsp; Internet: https://

www.aeromanager.com. You may view 

this service information at the FAA, 

Engine & Propeller Directorate, 12 New 

England Executive Park, Burlington, 

MA. For information on the availability 

of this material at the FAA, call (781) 

238–7125. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http://

www.regulations.gov by searching for 

and locating Docket No. FAA–2013– 

0953; or in person at the Docket 

Management Facility between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. The AD docket 

contains this AD, the mandatory 

continuing airworthiness information 

(MCAI), the regulatory evaluation, any 

comments received, and other 

information. The address for the Docket 

Office (phone: (800) 647–5527) is 

Document Management Facility, U.S. 

Department of Transportation, Docket 

Operations, M–30, West Building 

Ground Floor, Room W12–140, 1200 

New Jersey Avenue SE., Washington, 

DC 20590. 

FOR FURTHER INFORMATION CONTACT: 

Eugene Triozzi, Aerospace Engineer, 

Engine Certification Office, FAA, Engine 

& Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: (781) 238–7148; fax: (781) 238– 

7199; email: eugene.triozzi@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Discussion 

We issued a notice of proposed 

rulemaking (NPRM) to amend 14 CFR 

part 39 by adding an AD that would 

apply to the specified products. The 

NPRM was published in the Federal 

Register on March 3, 2014 (79 FR 

11719). The NPRM proposed to correct 

an unsafe condition for the specified 

products. The MCAI states: 

Rolls-Royce has identified that limitations 

in the drawing definition for the Trent 800 

low-pressure (LP) turbine bearing support 

and exhaust case assembly (EIPC 72–52–51, 

03–300, also known as the tail bearing 

housing or TBH) may have resulted in thinwall section parts being delivered into 

service. Further analysis has concluded that 

under certain circumstances, the structural 

integrity of a thin-walled part may be 

insufficient to withstand a fan blade failure 

event. 

This condition, if not detected and 

corrected, could, in case of fan blade failure, 

lead to a loss of integrity of the TBH and 

leave the engine unsupported at the rear 

mount, possibly resulting in damage to, or 

reduced control of, the aeroplane. 

Comments 

We gave the public the opportunity to 

participate in developing this AD. We 

considered the comments received. The 

commenters support the NPRM (79 FR 

11719, March 3, 2014). 

Conclusion 

We reviewed the available data, 

including the comments received, and 

determined that air safety and the 

public interest require adopting the AD 

as proposed. 

Costs of Compliance 

We estimate that this AD affects about 

110 engines installed on airplanes of 

U.S. registry. We also estimate that it 

will take about 1 hour per engine to 

comply with this AD. The average labor 

rate is $85 per hour. Required parts cost 

about $9,250 per engine. Based on these 

figures, we estimate the cost of this AD 

on U.S. operators to be $92,600. 

Authority for This Rulemaking 

Title 49 of the United States Code 

specifies the FAA’s authority to issue 

rules on aviation safety. Subtitle I, 

section 106, describes the authority of 

the FAA Administrator. ‘‘Subtitle VII: 

Aviation Programs,’’ describes in more 

detail the scope of the Agency’s 

authority. 

We are issuing this rulemaking under 

the authority described in ‘‘Subtitle VII, 

Part A, Subpart III, Section 44701: 

General requirements.’’ Under that 

section, Congress charges the FAA with 

promoting safe flight of civil aircraft in 

air commerce by prescribing regulations 

for practices, methods, and procedures 

the Administrator finds necessary for 

safety in air commerce. This regulation 

is within the scope of that authority 

because it addresses an unsafe condition 

that is likely to exist or develop on 

products identified in this rulemaking 

action. 

Regulatory Findings 

We determined that this AD will not 

have federalism implications under 

Executive Order 13132. This AD will 

not have a substantial direct effect on 

the States, on the relationship between 

the national government and the States, 

or on the distribution of power and 

responsibilities among the various 

levels of government. 

For the reasons discussed above, I 

certify this AD: 

(1) Is not a ‘‘significant regulatory 

action’’ under Executive Order 12866, 

(2) Is not a ‘‘significant rule’’ under 

the DOT Regulatory Policies and 

Procedures (44 FR 11034, February 26, 

1979), 

(3) Will not affect intrastate aviation 

in Alaska to the extent that it justifies 

making a regulatory distinction, and 

(4) Will not have a significant 

economic impact, positive or negative, 

on a substantial number of small entities 

under the criteria of the Regulatory 

Flexibility Act. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

Adoption of the Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA amends 14 CFR part 39 as 

follows: 

PART 39—AIRWORTHINESS 

DIRECTIVES 

■ 1. The authority citation for part 39 

continues to read as follows: 

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

§ 39.13 [Amended] 

■ 2. The FAA amends § 39.13 by adding 

the following new airworthiness 

directive (AD): 

2014–13–02 Rolls-Royce plc: Amendment 

39–17877; Docket No. FAA–2013–0953, 

Directorate Identifier 2013–NE–32–AD. 

(a) Effective Date 

This AD becomes effective August 5, 2014. 

(b) Affected ADs 

None. 

(c) Applicability 

This AD applies to all Rolls-Royce plc (RR) 

RB211-Trent 875–17, 877–17, 884–17, 884B– 

17, 892–17, 892B–17, and 895–17 turbofan 

engines, except those that have been 


pmangrum on DSK3VPTVN1PROD with RULES
Federal Register / Vol. 79, No. 126 / Tuesday, July 1, 2014 / Rules and Regulations 37169 

reworked in accordance with RR Service 

Bulletin (SB) No. RB.211–72–G604, dated 

March 18, 2013. 

(d) Reason 

This AD was prompted by the 

identification by RR of limitations in the 

drawing definition for the Trent 800 lowpressure (LP) turbine bearing support and 

exhaust case assembly, which resulted in 

thin-wall section parts being delivered into 

service. We are issuing this AD to prevent 

failure of the LP turbine bearing support and 

exhaust case assembly, which could lead to 

engine separation and damage to the 

airplane. 

(e) Actions and Compliance 

Comply with this AD within the 

compliance times specified, unless already 

done. 

(1) For engines that have an LP turbine 

bearing support and exhaust case assembly 

identified by part number (P/N) and serial 

number (S/N) in Table 1 to paragraph (e) of 

this AD, installed, at the next engine shop 

visit after the effective date of this AD, but 

not later than June 30, 2017, replace the 

assembly with one that is eligible for 

installation. 

(2) For engines with an LP turbine bearing 

support and exhaust case assembly not 

identified by P/N and S/N in Table 1 to 

paragraph (e) of this AD, installed, at the next 

piece-part exposure of the LP turbine bearing 

support and exhaust case assembly after the 

effective date of AD: 

(i) Inspect the hub to conical panel weld 

line thickness using paragraphs 3.B.(3)(a) 

through 3.B.(3)(d)(iii) of RR Alert Service 

Bulletin (ASB) No. RB.211–72–AG644, dated 

April 30, 2013; and 

(ii) Inspect the hub to conical panel flange 

thickness using paragraphs 3.B.(4)(a) through 

3.B.(4)(c)(v) of RR ASB No. RB.211–72– 

AG644, dated April 30, 2013. 

(iii) If the LP turbine bearing support and 

exhaust case assembly does not pass the 

inspections required by paragraphs (e)(2)(i) 

and (e)(2)(ii) of this AD, replace the LP 

turbine bearing support and exhaust case 

assembly with one that is eligible for 

installation. 

TABLE 1 TO PARAGRAPH (e)—LP TURBINE BEARING SUPPORT AND EXHAUST CASE ASSEMBLY P/NS AND

S/NS

P/Ns S/Ns 

FK31446 ................................... 118–01 

FK31446 ................................... 209–01 

FK31446 ................................... 216–01 

FK31446 ................................... 232–01 

FK32232 ................................... 113–01 

FK32085 ................................... 268–01 

FK32085 ................................... 269–01 

FK31446 ................................... 022–01 

FK31446 ................................... 028–01 

(f) Definitions 

The following definitions apply for the 

purpose of this AD: 

(1) An LP turbine bearing support and 

exhaust case assembly is eligible for 

installation if it has passed the inspections of 

paragraphs (e)(2)(i) and (e)(2)(ii) of this AD; 

or has been reworked in accordance with RR 

SB No. RB.211–72–G604, dated March 18, 

2013. 

(2) ‘‘Piece-part exposure’’ occurs whenever 

the LP turbine bearing support and exhaust 

case assembly is sufficiently exposed to do 

the inspections required by paragraphs 

(e)(2)(i) and (e)(2)(ii) of this AD. 

(3) An ‘‘engine shop visit’’ is the induction 

of an engine into the shop for maintenance 

involving the separation of pairs of major 

mating engine flanges, except that the 

separation of engine flanges solely for the 

purposes of transportation without 

subsequent engine maintenance is not an 

engine shop visit. 

(g) Alternative Methods of Compliance 

(AMOCs) 

The Manager, Engine Certification Office, 

FAA, may approve AMOCs to this AD. Use 

the procedures found in 14 CFR 39.19 to 

make your request. 

(h) Related Information 

(1) For more information about this AD, 

contact Eugene Triozzi, Aerospace Engineer, 

Engine Certification Office, FAA, Engine & 

Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: (781) 238–7148; fax: (781) 238–7199; 

email: eugene.triozzi@faa.gov. 

(2) Refer to MCAI European Aviation 

Safety Agency AD 2013–0223, dated 

September 19, 2013, for more information. 

You may examine the MCAI in the AD 

docket on the Internet at http://

www.regulations.gov by searching for and 

locating it in Docket No. FAA–2013–0953. 

(i) Material Incorporated by Reference 

(1) The Director of the Federal Register 

approved the incorporation by reference 

(IBR) of the service information listed in this 

paragraph under 5 U.S.C. 552(a) and 1 CFR 

part 51. 

(2) You must use this service information 

as applicable to do the actions required by 

this AD, unless the AD specifies otherwise. 

(i) Rolls-Royce plc Service Bulletin No. 

RB.211–72–G604, including Supplement, 

dated March 18, 2013. 

(ii) Rolls-Royce plc Alert Service Bulletin 

No. RB.211–72–AG644, dated April 30, 2013. 

(3) For RR service information identified in 

this AD, contact Rolls-Royce plc, Corporate 

Communications, P.O. Box 31, Derby, 

England, DE248BJ; phone: 011–44–1332– 

242424; fax: 011–44–1332–249936; email: 

http://www.rolls-royce.com/contact/civil_

team.jsp; Internet: https://

www.aeromanager.com. 

(4) You may view this service information 

at FAA, Engine & Propeller Directorate, 12 

New England Executive Park, Burlington, 

MA. For information on the availability of 

this material at the FAA, call (781) 238–7125. 

(5) You may view this service information 

at the National Archives and Records 

Administration (NARA). For information on 

the availability of this material at NARA, call 

(202) 741–6030, or go to: http://

www.archives.gov/federal-register/cfr/ibrlocations.html. 

Issued in Burlington, Massachusetts, on 

June 16, 2014. 

Colleen M. D’Alessandro, 

Assistant Directorate Manager, Engine & 

Propeller Directorate, Aircraft Certification 

Service. 

[FR Doc. 2014–14954 Filed 6–30–14; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2014–0241; Directorate 

Identifier 2014–CE–008–AD; Amendment 

39–17880; AD 2014–13–05] 

RIN 2120–AA64 

Airworthiness Directives; British 

Aerospace Regional Aircraft Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), Department of 

Transportation (DOT). 

ACTION: Final rule. 

SUMMARY: We are superseding 

Airworthiness Directive (AD) 2007–10– 

16 for all British Aerospace Regional 

Aircraft Jetstream Model 3201 airplanes. 

This AD results from mandatory 

continuing airworthiness information 

(MCAI) issued by an aviation authority 

of another country to identify and 

correct an unsafe condition on an 

aviation product. The MCAI describes 

the unsafe condition as the need to 

incorporate revisions to the 

Airworthiness Limitations section of the 

Instructions for Continued 

Airworthiness. We are issuing this AD 

to require actions to address the unsafe 

condition on these products. 

DATES: This AD is effective August 5, 

2014. 

The Director of the Federal Register 

approved the incorporation by reference 

of a certain publication listed in the AD 

as of August 5, 2014. 

ADDRESSES: You may examine the AD 

docket on the Internet at http://

www.regulations.gov by searching for 

and locating Docket No. FAA–2014– 

0241; or in person at the Docket 

Management Facility, U.S. Department 

of Transportation, Docket Operations, 

M–30, West Building Ground Floor, 

Room W12–140, 1200 New Jersey 

Avenue SE., Washington, DC 20590. 

For service information identified in 

this AD, contact BAE Systems 

(Operations) Limited, Customer 

Information Department, Prestwick 

International Airport, Ayrshire, KA9 

2RW, Scotland, United Kingdom; 

telephone: +44 1292 675207; fax: +44 


pmangrum on DSK3VPTVN1PROD with RULES