Data Reporting Requirements for the Federal Home Loan Banks

06/21/2006

Number

RIN-3069-AB28

Group

FHL Banks

CFR

12 CFR 900; 12 CFR 914; 12 CFR 915; 12 CFR 917; 12 CFR 925; 12 CFR 950; 12 CFR 951; 12 CFR 952; 12 CFR 955

Effective Date

Fri, 07/21/2006 - 12:00

Data Reporting Requirements for the Federal Home Loan Banks

FOR FURTHER INFORMATION CONTACT: Thomas Hearn, Senior Attorney Advisor, Office of General Counsel, by electronic mail at hearnt@fhfb.gov or by telephone at (202) 408-2976; Scott L. Smith, Associate Director, Office of Supervision, by electronic mail at smiths@fhfb.gov or by telephone at (202) 408-2991; or Gary Ternullo, Associate Director, Office of Supervision, by electronic mail at ternullog@fhfb.gov or by telephone at (202) 408-2904. You can send regular mail to the Federal Housing Finance Board, 1625 Eye Street, NW., Washington, DC 20006.

SUMMARY: The Federal Housing Finance Board (Finance Board) is reorganizing the way it imposes certain reporting requirements on the Federal Home Loan Banks (Banks) by removing the requirements from its regulations and issuing them in the Data Reporting Manual (DRM), which is an enforceable order issued pursuant to the Finance Board’s investigatory powers. The Finance Board also is adding a new part 914, which addresses a Bank’s obligation with respect to reporting requirements and making its books and records available to the Finance Board.

DATES: Effective Date: This final rule is effective on July 21, 2006.