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

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


### 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 associatedwires; 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 ofTechnical 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: