47228 Federal Register / Vol. 78, No. 150 / Monday, August 5, 2013 / Proposed Rules 

and qualitative information, should be 

included in a single release on a 

company’s Web site, or in any other 

forum that is reasonably accessible to 

the public. 

Each bank or thrift must publish a 

summary of its stress tests results 

separate from the results of stress tests 

conducted at the consolidated level of 

its parent holding company, but the 

company may include this summary 

with its holding company’s public 

disclosure. Thus, a bank or thrift with 

a parent holding company that is 

required to conduct a company-run DFA 

stress test under the Federal Reserve 

Board’s DFA stress test rules will have 

satisfied its public disclosures 

requirement when the parent holding 

company discloses summary results of 

subsidiary’s annual stress test in 

satisfaction of the requirements of the 

applicable regulations of the company’s 

primary Federal regulator, unless the 

company’s primary regulator determines 

that the disclosures at the holding 

company level does not adequately 

capture the potential impact of the 

scenarios on the capital of the 

companies. 

A company must disclose, at a 

minimum, the following information 

regarding the severely adverse scenario: 

a. A description of the types of risks 

included in the stress test; 

b. A summary description of the 

methodologies used in the stress 

test; 

c. Estimates of— 

Aggregate losses; 

PPNR; 

PLLL; 

Net income; and 

Pro forma regulatory capital ratios and 

any other capital ratios specified by 

the primary supervisor; 

d. An explanation of the most 

significant causes for the changes in 

regulatory capital ratios; and 

e. For bank holding companies and 

savings and loan holding 

companies: for a stress test 

conducted by an insured depository 

institution subsidiary of the bank 

holding company or savings and 

loan holding company pursuant to 

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

Act, changes in regulatory capital 

ratios and any other capital ratios 

specified by the primary Federal 

financial regulatory agency of the 

depository institution subsidiary 

over the planning horizon, 

including an explanation of the 

most significant causes for the 

changes in regulatory capital ratios. 

It should be clear in the company’s 

public disclosure that the results are 

conditioned on the supervisory 

scenarios. Items to be publicly disclosed 

should follow the same definitions as 

those provided in the confidential 

report to supervisors. Companies should 

disclose all of the required items in a 

single public release, as it is difficult to 

interpret the quantitative results 

without the qualitative supporting 

information. 

DIFFERENCES IN DFA STRESS TEST REQUIREMENTS FOR HOLDING COMPANIES VERSUS BANKS AND THRIFTS

Bank Holding Companies and Savings and 

Loan Holding Companies Banks and Thrifts 

Capital actions used for company-run stress 

tests.

Capital actions prescribed in Federal Reserve 

Board’s DFA stress tests rules. Generally 

based on historical dividends, contracted 

payments, and no repurchases or issuances.

No prescribed capital actions. Banks and 

thrifts should use capital actions consistent 

with the scenario and their internal business 

practices. 

Public disclosure of company-run stress tests .. Disclosure must include information on stress 

tests conducted by subsidiaries subject to 

DFA stress tests.

Disclosure requirement met when parent company disclosure includes the required information on the bank or thrift’s stress test results, unless the company’s primary regulator determines that the disclosure at the 

holding company level does not adequately 

capture the potential impact of the scenarios on the capital of the company. 

Dated: July 25, 2013. 

Thomas J. Curry, 

Comptroller of the Currency. 

By order of the Board of Governors of the 

Federal Reserve System, July 24, 2013. 

Robert deV. Frierson, 

Secretary of the Board. 

Dated at Washington, DC, this 30th day of 

July, 2013. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2013–18716 Filed 8–2–13; 8:45 am] 

BILLING CODE 4810–33–P; 6714–01–P; 6210–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2013–0561; Directorate 

Identifier 2013–NE–23–AD] 

RIN 2120–AA64 

Airworthiness Directives; Thielert 

Aircraft Engines GmbH Reciprocating 

Engines 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: We propose to adopt a new 

airworthiness directive (AD) for all 

Thielert Aircraft Engines GmbH TAE 

125–01 reciprocating engines. This 

proposed AD was prompted by a report 

of engine power loss due to engine 

coolant contaminating the engine 

clutch. The design of the engine allows 

the crankcase assembly opening to be 

susceptible to contamination from 

external sources. This proposed AD 

would require applying sealant to close 

the engine clutch housing (crankcase 

assembly) opening. We are proposing 

this AD to prevent in-flight engine 

power loss, which could result in loss 

of control of, and damage to, the 

airplane. 

DATES: We must receive comments on 

this proposed AD by October 4, 2013. 

ADDRESSES: You may send comments by 

any of the following methods: 

• Federal eRulemaking Portal: Go to 

http://www.regulations.gov and follow 

the instructions for sending your 

comments electronically. 

• Mail: Docket Management Facility, 

U.S. Department of Transportation, 1200 


emcdonald on DSK67QTVN1PROD with PROPOSALS
Federal Register / Vol. 78, No. 150 / Monday, August 5, 2013 / Proposed Rules 47229 

New Jersey Avenue SE., West Building 

Ground Floor, Room W12–140, 

Washington, DC 20590–0001. 

• Hand Delivery: Deliver to Mail 

address above between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

• Fax: 202–493–2251. 

For service information identified in 

this proposed AD, contact Thielert 

Aircraft Engines GmbH, Platanenstrasse 

14 D–09350, Lichtenstein, Germany, 

phone: +49–37204–696–0; fax: +49– 

37204–696–55; email: info@centurionengines.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; or in person at the 

Docket Operations office between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal holidays. The AD docket 

contains this proposed AD, the 

Mandatory Continuing Airworthiness 

Information (MCAI), the regulatory 

evaluation, any comments received, and 

other information. The street address for 

the Docket Operations office (phone: 

800–647–5527) is the same as the Mail 

address provided in the ADDRESSES

section. Comments will be available in 

the AD docket shortly after receipt. 

FOR FURTHER INFORMATION CONTACT: 

Frederick Zink, Aerospace Engineer, 

Engine Certification Office, FAA, Engine 

& Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: 781–238–7779; fax: 781–238 

7199; email: frederick.zink@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

We invite you to send any written 

relevant data, views, or arguments about 

this proposed AD. Send your comments 

to an address listed under the 

ADDRESSES section. Include ‘‘Docket No. 

FAA–2013–0561; Directorate Identifier 

2013–NE–23–AD’’ at the beginning of 

your comments. We specifically invite 

comments on the overall regulatory, 

economic, environmental, and energy 

aspects of this proposed AD. We will 

consider all comments received by the 

closing date and may amend this 

proposed AD based on those comments. 

We will post all comments we 

receive, without change, to http:// 

www.regulations.gov, including any 

personal information you provide. We 

will also post a report summarizing each 

substantive verbal contact with FAA 

personnel concerning this proposed AD. 

Using the search function of the Web 

site, anyone can find and read the 

comments in any of our dockets, 

including, if provided, the name of the 

individual who sent the comment (or 

signed the comment on behalf of an 

association, business, labor union, etc.). 

You may review the DOT’s complete 

Privacy Act Statement in the Federal 

Register published on April 11, 2000 

(65 FR 19477–78). 

Discussion 

The European Aviation Safety Agency 

(EASA), which is the Technical Agent 

for the Member States of the European 

Community, has issued EASA 

Airworthiness Directive 2013–0109, 

dated May 22, 2013 (referred to 

hereinafter as ‘‘the MCAI’’), to correct an 

unsafe condition for the specified 

products. The MCAI states: 

A power loss event was reported on an 

aeroplane equipped with a TAE 125–01 

engine. The investigation results showed that 

the probable cause was contamination of the 

engine clutch by coolant spillage during the 

last maintenance operation. The 

contamination penetrated the clutch housing 

through an opening located under the coolant 

tank that was only closed by a not fluid-tight 

plastic cover. 

You may obtain further information by 

examining the MCAI in the AD docket. 

The design of the engine allows the 

crankcase assembly opening to be 

susceptible to contamination from 

external sources. We are proposing this 

AD to prevent in-flight engine power 

loss, which could result in loss of 

control of, and damage to, the airplane. 

Relevant Service Information 

Thielert Aircraft Engines GmbH has 

issued Service Bulletin (SB) No. TM 

TAE 125–0022, dated August 8, 2012. 

The SB describes procedures for 

applying sealant to close the engine 

clutch housing (crankcase assembly) 

opening. 

FAA’s Determination and Requirements 

of This Proposed AD 

This product has been approved by 

the aviation authority of Germany, and 

is approved for operation in the United 

States. Pursuant to our bilateral 

agreement with the European 

Community, EASA has notified us of 

the unsafe condition described in the 

MCAI and service information 

referenced above. We are proposing this 

AD because we evaluated all 

information provided by EASA and 

determined the unsafe condition exists 

and is likely to exist or develop on other 

products of the same type design. This 

proposed AD would require applying 

sealant to close the engine clutch 

housing (crankcase assembly) opening. 

Costs of Compliance 

We estimate that this proposed AD 

affects 140 engines installed on 

airplanes of U.S. registry. We also 

estimate that it would take about 2.5 

hours per engine to comply with this 

proposed AD. The average labor rate is 

$85 per hour. Required parts cost about 

$110 per engine. Based on these figures, 

we estimate the cost of the proposed AD 

on U.S. operators to be $45,150. Our 

cost estimate is exclusive of possible 

warranty coverage. 

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 proposed AD 

would not have federalism implications 

under Executive Order 13132. This 

proposed AD would 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 proposed regulation: 

(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. 


emcdonald on DSK67QTVN1PROD with PROPOSALS
47230 Federal Register / Vol. 78, No. 150 / Monday, August 5, 2013 / Proposed Rules 

We prepared a regulatory evaluation 

of the estimated costs to comply with 

this proposed AD and placed it in the 

AD docket. 

List of Subjects in 14 CFR Part 39 

Air transportation, Aircraft, Aviation 

safety, Incorporation by reference, 

Safety. 

The Proposed Amendment 

Accordingly, under the authority 

delegated to me by the Administrator, 

the FAA proposes to amend 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): 

Thielert Aircraft Engines GmbH: Docket No. 

FAA–2013–0561; Directorate Identifier 

2013–NE–23–AD. 

(a) Comments Due Date 

We must receive comments by October 4, 

2013. 

(b) Affected ADs 

None. 

(c) Applicability 

This AD applies to all Thielert Aircraft 

Engines GmbH TAE 125–01 reciprocating 

engines. 

(d) Reason 

This AD was prompted by a report of 

engine power loss due to engine coolant 

contaminating the engine clutch. The design 

of the engine allows the crankcase assembly 

opening to be susceptible to contamination 

from external sources. We are issuing this AD 

to prevent in-flight engine power loss, which 

could result in loss of control of, and damage 

to, the airplane. 

(e) Actions and Compliance 

Unless already done, do the following 

actions. 

(1) After the effective date of this AD at the 

next annual or 100-hour inspection, 

whichever comes first, apply sealant to close 

the engine clutch housing (crankcase 

assembly) opening. 

(2) Thereafter, reapply sealant to the engine 

clutch housing (crankcase assembly) 

opening, whenever the sealant is found to be 

not liquid-tight, or is removed. 

(3) Guidance on the sealant and 

application can be found in Thielert Aircraft 

Engines GmbH Service Bulletin No.TM TAE 

125–0022, dated August 8, 2012. 

(f) 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. 

(g) Related Information 

(1) For more information about this AD, 

contact Frederick Zink, Aerospace Engineer, 

Engine Certification Office, FAA, Engine & 

Propeller Directorate, 12 New England 

Executive Park, Burlington, MA 01803; 

phone: 781–238–7779; fax: 781–238 7199; 

email: frederick.zink@faa.gov. 

(2) Refer to European Aviation Safety 

Agency Airworthiness Directive 2013–0109, 

dated May 22, 2013, for related information. 

You may examine the AD on the Internet at 

http://ad.easa.europa.eu/ad/2013–0109. 

(3) Thielert Aircraft Engines GmbH Service 

Bulletin No. TM TAE 125–0022, dated 

August 8, 2012, which is not incorporated by 

reference in this AD, can be obtained from 

Thielert Aircraft Engines GmbH, using the 

contact information in paragraph (g)(4) of this 

AD. 

(4) For service information identified in 

this AD, contact Thielert Aircraft Engines 

GmbH, Platanenstrasse 14 D–09350, 

Lichtenstein, Germany, telephone: +49– 

37204–696–0; fax: +49–37204–696–55; email: 

info@centurion-engines.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. 

Issued in Burlington, Massachusetts, on 

July 25, 2013. 

Thomas A. Boudreau, 

Acting Assistant Manager, Engine & Propeller 

Directorate, Aircraft Certification Service. 

[FR Doc. 2013–18797 Filed 8–2–13; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2013–0679; Directorate 

Identifier 2009–SW–015–AD] 

RIN 2120–AA64 

Airworthiness Directives; Eurocopter 

France (Eurocopter) Model Helicopters 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Notice of proposed rulemaking 

(NPRM). 

SUMMARY: We propose to adopt a new 

airworthiness directive (AD) for 

Eurocopter Model AS350B, AS350BA, 

AS350B1, AS350B2, AS350B3, AS350C, 

AS350D, and AS350D1 helicopters. This 

proposed AD would require measuring 

the distance between the end of the 

main rotor collective pitch lever 

(collective) locking stud (locking stud) 

and the locking strip and repairing the 

locking stud if the clearance is 

insufficient. This proposed AD is 

prompted by a report that insufficient 

distance between the locking stud and 

the locking strip may cause the 

collective to become inadvertently 

locked in the low pitch (low) position. 

The proposed actions are intended to 

prevent the collective from becoming 

inadvertently locked in the low position 

and subsequent loss of control of the 

helicopter. 

DATES: We must receive comments on 

this proposed AD by October 4, 2013. 

ADDRESSES: You may send comments by 

any of the following methods: 

• Federal eRulemaking Docket: Go to 

http://www.regulations.gov. Follow the 

online instructions for sending your 

comments electronically. 

• Fax: 202–493–2251. 

• Mail: Send comments to the U.S. 

Department of Transportation, Docket 

Operations, M–30, West Building 

Ground Floor, Room W12–140, 1200 

New Jersey Avenue SE., Washington, 

DC 20590–0001. 

• Hand Delivery: Deliver to the 

‘‘Mail’’ address between 9 a.m. and 5 

p.m., Monday through Friday, except 

Federal holidays. 

Examining the AD Docket 

You may examine the AD docket on 

the Internet at http:// 

www.regulations.gov or in person at the 

Docket Operations Office between 9 

a.m. and 5 p.m., Monday through 

Friday, except Federal holidays. The AD 

docket contains this proposed AD, the 

economic evaluation, any comments 

received, and other information. The 

street address for the Docket Operations 

Office (telephone 800–647–5527) is in 

the ADDRESSES section. Comments will 

be available in the AD docket shortly 

after receipt. For service information 

identified in this proposed AD, contact 

American Eurocopter Corporation, 2701 

N. Forum Drive, Grand Prairie, TX 

75052; telephone (972) 641–0000 or 

(800) 232–0323; fax (972) 641–3775; or 

at http://www.eurocopter.com/techpub. 

You may review the referenced service 

information at the FAA, Office of the 

Regional Counsel, Southwest Region, 

2601 Meacham Blvd., Room 663, Fort 

Worth, Texas 76137. 

FOR FURTHER INFORMATION CONTACT: 

Robert Grant, Aviation Safety Engineer, 

Safety Management Group, FAA, 2601 

Meacham Blvd., Fort Worth, Texas 

76137; telephone 817–222–5110; email 

robert.grant@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Comments Invited 

We invite you to participate in this 

rulemaking by submitting written 

comments, data, or views. We also 


emcdonald on DSK67QTVN1PROD with PROPOSALS