Federal Register / Vol. 76, No. 100 / Tuesday, May 24, 2011 / Rules and Regulations 29997 

List of Subjects in 12 CFR Part 614 

Agriculture, Banks, banking, Foreign 

trade, Reporting and recordkeeping 

requirements, Rural areas. 

For the reasons stated in the 

preamble, part 614 of chapter VI, title 12 

of the Code of Federal Regulations is 

amended as follows: 

PART 614—LOAN POLICIES AND 

OPERATIONS 

■ 1. The authority citation for part 614 

continues to read as follows: 

Authority: 42 U.S.C. 4012a, 4104a, 4104b, 

4106, and 4128; secs. 1.3, 1.5, 1.6, 1.7, 1.9, 

1.10, 1.11, 2.0, 2.2, 2.3, 2.4, 2.10, 2.12, 2.13, 

2.15, 3.0, 3.1, 3.3, 3.7, 3.8, 3.10, 3.20, 3.28, 

4.12, 4.12A, 4.13B, 4.14, 4.14A, 4.14C, 4.14D, 

4.14E, 4.18, 4.18A, 4.19, 4.25, 4.26, 4.27, 

4.28, 4.36, 4.37, 5.9, 5.10, 5.17, 7.0, 7.2, 7.6, 

7.8, 7.12, 7.13, 8.0, 8.5 of the Farm Credit Act 

(12 U.S.C. 2011, 2013, 2014, 2015, 2017, 

2018, 2019, 2071, 2073, 2074, 2075, 2091, 

2093, 2094, 2097, 2121, 2122, 2124, 2128, 

2129, 2131, 2141, 2149, 2183, 2184, 2201, 

2202, 2202a, 2202c, 2202d, 2202e, 2206, 

2206a, 2207, 2211, 2212, 2213, 2214, 2219a, 

2219b, 2243, 2244, 2252, 2279a, 2279a–2, 

2279b, 2279c–1, 2279f, 2279f–1, 2279aa, 

2279aa–5); sec. 413 of Pub. L. 100–233, 101 

Stat. 1568, 1639. 

Subpart J—Lending and Leasing 

Limits 

§ 614.4352 [Amended] 

■ 2. Section 614.4352 is amended by: 

■ a. Removing the comma after the word 

‘‘borrower’’ and removing the number 

‘‘25’’ and adding in its place, the number 

‘‘15’’ in paragraph (a); 

■ b. Removing the comma after the 

word ‘‘Act’’ and removing ‘‘exceeds 25’’ 

and adding in its place ‘‘exceed 15’’ in 

paragraph (b)(1); and 

■ c. Removing the comma after the word 

‘‘Act’’ and removing ‘‘exceeds’’ and 

adding in its place ‘‘exceed’’ in 

paragraph (b)(2). 

§ 614.4353 [Amended] 

■ 3. Section 614.4353 is amended by: 

■ a. Adding the words ‘‘direct lender’’ 

after the word ‘‘No’’; 

■ b. Removing the comma after the 

word ‘‘borrower’’; and 

■ c. Removing ‘‘exceeds 25’’ and adding 

in its place ‘‘exceed 15’’. 

§ 614.4354 [Removed] 

■ 4. Section 614.4354 is removed. 

§ 614.4356 [Amended] 

■ 5. Section 614.4356 is amended by 

removing the number ‘‘25’’ and adding 

in its place, the number ‘‘15’’. 

■ 6. Section 614.4362 is added to 

subpart J to read as follows: 

§ 614.4362 Loan and lease concentration 

risk mitigation policy. 

The board of directors of each title I, 

II, and III System institution must adopt 

and ensure implementation of a written 

policy to effectively measure, limit and 

monitor exposures to concentration 

risks resulting from the institution’s 

lending and leasing activities. 

(a) Policy elements. The policy must 

include: 

(1) A purpose and objective; 

(2) Clearly defined and consistently 

used terms; 

(3) Quantitative methods to measure 

and limit identified exposures to 

significant and reasonably foreseeable 

loan and lease concentration risks (as 

set forth in paragraph (b) of this 

section); and 

(4) Internal controls that delineate 

authorities delegated to management, 

authorities retained by the board, and a 

process for addressing exceptions and 

reporting requirements. 

(b) Quantitative methods. (1) At a 

minimum, the quantitative methods 

included in the policy must measure 

and limit identified exposures to 

significant and reasonably foreseeable 

concentration risks emanating from: 

(i) A single borrower; 

(ii) A single-industry sector; 

(iii) A single counterparty; or 

(iv) Other lending activities unique to 

the institution because of its territory, 

the nature and scope of its activities and 

its risk-bearing capacity. 

(2) In determining concentration 

limits, the policy must consider other 

risk factors that could identify 

significant and reasonably foreseeable 

loan and lease losses. Such risk factors 

could include borrower risk ratings, the 

institution’s relationship with the 

borrower, the borrower’s knowledge and 

experience, loan structure and purpose, 

type or location of collateral (including 

loss given default ratings), loans to 

emerging industries or industries 

outside of an institution’s area of 

expertise, out-of-territory loans, 

counterparties, or weaknesses in due 

diligence practices. 

Dated: May 19, 2011. 

Dale L. Aultman, 

Secretary, Farm Credit Administration Board. 

[FR Doc. 2011–12771 Filed 5–23–11; 8:45 am] 

BILLING CODE 6705–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 39 

[Docket No. FAA–2010–0436; Directorate 

Identifier 2009–NM–230–AD; Amendment 

39–16643; AD 2011–07–06] 

RIN 2120–AA64 

Airworthiness Directives; Bombardier, 

Inc. Model CL–600–2B19 (Regional Jet 

Series 100 & 440) Airplanes 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule; correction. 

SUMMARY: The FAA is correcting an 

airworthiness directive (AD) that 

published in the Federal Register. That 

AD applies to the products listed above. 

The service information reference in 

paragraph (g)(7) in the Actions section 

of the AD is incorrect. This document 

corrects that error. In all other respects, 

the original document remains the 

same. 

DATES: This final rule is effective May 

24, 2011. The effective date for AD 

2011–07–06 remains May 6, 2011. 

ADDRESSES: You may examine the AD 

docket on the Internet at http.// 

www.regulations.gov; 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 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: 

Wing Chan, Aerospace Engineer, 

Avionics and Flight Test Branch, ANE– 

172, FAA, New York Aircraft 

Certification Office (ACO), 1600 Stewart 

Avenue, Suite 410, Westbury, New York 

11590; telephone (516) 228–7311; fax 

(516) 794–5531; e-mail: 

wing.chan@faa.gov. 

SUPPLEMENTARY INFORMATION: 

Airworthiness Directive 2011–07–06, 

amendment 39–16643 (76 FR 18024, 

April 1, 2011), currently requires 

revising the Limitations and Normal 

Procedures sections of the airplane 

flight manual; revising the maintenance 

program for certain airplanes by 

incorporating certain inspections; 

replacing certain data concentrator units 

(DCUs) with modified DCUs, and, if 


wwoods2 on DSK1DXX6B1PROD with RULES_PART 1
29998 Federal Register / Vol. 76, No. 100 / Tuesday, May 24, 2011 / Rules and Regulations 

applicable, modifying the configuration 

strapping units, installing the outboard 

low-heat detection switches and wing 

A/ICE box assembly and its associated 

wires; and activating the outboard lowheat detection switches; for Bombardier, 

Inc. Model CL–600–2B19 (Regional Jet 

Series 100 & 440) airplanes. 

In the AD as published, the reference 

to Bombardier Service Bulletin 601R– 

30–034, dated November 19, 2007, in 

paragraph (g)(7) of the AD is incorrect. 

The reference to the Bombardier Service 

Bulletin should read Bombardier 

Service Bulletin 601R–31–034, dated 

November 19, 2007. 

No other part of the preamble or 

regulatory information has been 

changed; therefore, only the changed 

portion of the final rule is being 

published in the Federal Register. 

The effective date of this AD remains 

May 6, 2011. 

Correction of Regulatory Text 

§ 39.13 [Corrected] 

■ In the Federal Register of April 1, 

2011, on page 18028, in the first 

column, paragraph (g)(7) of AD 2011– 

07–06 is corrected to read as follows: 

* * * * * 

(7) Replacing DCUs P/N 622–9820–007, 

622–9820–008, or 622–9820–009 with 

modified DCUs having P/N 622–9820–010, 

and modifying CSUs, are also acceptable for 

compliance with the requirements of 

paragraph (g)(3) of this AD if done before the 

effective date of this AD, in accordance with 

Accomplishment Instructions of Bombardier 

Service Bulletin 601R–31–034, dated 

November 19, 2007. 

* * * * * 

Issued in Renton, Washington, on May 13, 

2011. 

Ali Bahrami, 

Manager, Transport Airplane Directorate, 

Aircraft Certification Service. 

[FR Doc. 2011–12587 Filed 5–23–11; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF COMMERCE 

Bureau of Industry and Security 

15 CFR Part 744 

[Docket No. 110502271–1278–01] 

RIN 0694–AF24 

Removal and Modifications for 

Persons Listed Under Russia on the 

Entity List 

AGENCY: Bureau of Industry and 

Security, Commerce. 

ACTION: Final rule. 

SUMMARY: This final rule amends the 

Export Administration Regulations 

(EAR) by removing one and revising two 

Russian entries on the Entity List 

(Supplement No. 4 to Part 744). This 

final rule removes the Federal Atomic 

Power of Russia (Rusatom) (now known 

as the Russian State Corporation of 

Atomic Energy (Rosatom)) entry from 

the Entity List and adds language 

clarifying that both the All-Russian 

Scientific Research Institute of 

Technical Physics (VNIITF) and the AllRussian Scientific Research Institute of 

Experimental Physics (VNIIEF), which 

are Rosatom components, remain on the 

Entity List. In addition, this rule adds 

additional aliases and revises some of 

the existing aliases for the two Russian 

entries that are being retained on the 

Entity List. These changes will better 

inform exporters, reexporters, and 

transferors of the scope of these Entity 

List-based license requirements. 

The Entity List provides notice to the 

public that certain exports, reexports, 

and transfers (in-country) to parties 

identified on the Entity List require a 

license from the Bureau of Industry and 

Security (BIS) and that availability of 

license exceptions in such transactions 

is limited. 

DATES: Effective Date: This rule is 

effective May 24, 2011. 

FOR FURTHER INFORMATION CONTACT: 

Karen Nies-Vogel, Chair, End-User 

Review Committee, Office of the 

Assistant Secretary, Export 

Administration, Bureau of Industry and 

Security, Department of Commerce, 

Phone: (202) 482–5991, Fax: (202) 482– 

3911, E-mail: ERC@bis.doc.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

The Entity List provides notice to the 

public that certain exports, reexports, 

and transfers (in-country) to entities 

identified on the Entity List require a 

license from the Bureau of Industry and 

Security (BIS) and that the availability 

of license exceptions in such 

transactions is limited. Entities are 

placed on the Entity List on the basis of 

certain sections of part 744 (Control 

Policy: End-User and End-Use Based) of 

the EAR. 

The End-User Review Committee 

(ERC), composed of representatives of 

the Departments of Commerce (Chair), 

State, Defense, Energy and, when 

appropriate, the Treasury, makes all 

decisions to make additions to, 

removals from and other changes to the 

Entity List. The ERC makes all decisions 

to add an entry to the Entity List by 

majority vote and all decisions to 

remove or modify an entry by 

unanimous vote. The Departments 

represented on the ERC approved these 

changes to the Entity List. 

Entity List Decisions 

In recognition of the bilateral 

partnership between the United States 

and Russia, a policy decision was made 

by the Departments represented on the 

ERC to clarify the Russian entries on the 

Entity List by removing one and revising 

two Russian entities listed on the Entity 

List. The decision implemented by this 

final rule includes removing the Federal 

Atomic Power of Russia (Rusatom) 

(which is now known as the Russian 

State Corporation of Atomic Energy 

(Rosatom)) as an individual entry on the 

Entity List and adding language to 

clarify that two specified Russian 

entries (i.e., the All-Russian Scientific 

Research Institute of Technical Physics 

(VNIITF) and the All-Russian Scientific 

Research Institute of Experimental 

Physics (VNIIEF)) which are Rosatom 

components, are both remaining on the 

Entity List. These revisions further 

clarify that VNIITF and VNIIEF are the 

only Rosatom components remaining on 

the Entity List. This language is being 

added to clarify that neither Rosatom at 

locations outside of Snezhinsk and 

Sarov nor any of its components or 

subsidiaries located outside of 

Snezhinsk and Sarov are subject to the 

Entity List’s supplemental licensing 

requirements and policies. 

In addition, this rule adds other 

aliases and revises some of the existing 

aliases for the two Russian entries that 

are being retained on the Entity List. 

These changes will better inform 

exporters, reexporters, and transferors of 

the scope of these Entity List-based 

license requirements. 

A. Removal From the Entity List 

This rule implements a policy 

decision made by the Departments 

represented on the ERC to remove one 

Russian entity from the Entity List. 

Specifically, this rule removes the 

Federal Atomic Power of Russia 

(Rusatom), which is now known as the 

Russian State Corporation of Atomic 

Energy (Rosatom) from the Entity List. 

However, VNIITF and VNIIEF will 

remain on the Entity List. Moreover, this 

rule adds and revises particular aliases 

of VNIITF and VNIIEF to the Entity List 

to better assist exporters, reexporters 

and transferors in identifying these two 

entities on the Entity List. 

This rule removes the following 

person located in Russia from the Entity 

List: 


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