FCA
Federal agency responsible for regulations under FCA.
6 regulationsGeneral Provisions
This is a general rule from the Farm Credit Administration (FCA) that sets basic standards and procedures for how the federal farm credit system operates. Without seeing the specific details, it likely establishes foundational requirements that affect farmers, ranchers, and rural businesses that borrow from or work with farm credit institutions.
Organization, Loan Policies and Operations, Disclosure to Shareholders, Nondiscrimination in Lending, Capital Adequacy of System Institutions, Disclosure to Investors
This regulation sets rules for how Farm Credit Administration institutions organize their operations, make loans, and treat customers fairly. It requires these lenders to be transparent with shareholders and investors about their finances and ensures they don't discriminate when lending money to farmers and rural borrowers.
Loan Performance Categories and Financial Reporting
The Farm Credit Administration is proposing new rules for how banks and lenders must track and report on loans that borrowers are struggling to pay back. These changes affect how financial institutions measure loan health and communicate risk to regulators, which ultimately impacts the stability and trustworthiness of the agricultural lending system.
Statement on Regulatory Burden
The Farm Credit Administration (FCA) has issued a statement about reducing unnecessary rules and paperwork requirements for Farm Credit System institutions. This matters to farmers and rural communities because less regulatory burden on lenders could potentially lead to easier access to credit and lower costs for agricultural loans.
Internal Control Over Financial Reporting
The Farm Credit Administration is proposing new rules to require financial institutions to have better systems in place to check their own money management and catch errors or fraud. This matters because these institutions lend billions of dollars to farmers and rural businesses, so strong internal controls help protect people's investments and ensure the financial system stays stable.
Civil Monetary Penalty Inflation Adjustment
The Farm Credit Administration is updating the penalty amounts that can be imposed on farm credit organizations that break federal rules, adjusting them for inflation so penalties keep pace with rising costs. This ensures that financial penalties remain meaningful and proportional to the offense over time.