Machine-written from the fields above · claude-haiku-4-5-20251001
Farm Credit Administration published four notices amending existing Privacy Act systems of records for employee attendance, biographical files, non-payroll administrative records, and litigation files.
Farm Credit Administration published four notices amending existing Privacy Act systems of records for employee attendance, biographical files, non-payroll administrative records, and litigation files. — via Downstream, https://downstream.sh/daily/agency/farm-credit-administration/#s-2026-10-15
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NoticeFarm Credit Administration
Pursuant to the provisions of the Privacy Act of 1974, as amended (5 U.S.C. 552a), notice is hereby given that the Farm Credit Administration (FCA or Agency) is amending an existing system of records, FCA-1--Employee Attendance, Leave, and Payroll Records--FCA. The Employee Attendance, Leave, and Payroll Records--FCA system is used to prepare payroll, meet Government payroll recordkeeping and reporting requirements, prepare reports, and retrieve and supply payroll and leave information as required for Agency needs. The Agency is updating the notice to reflect changes to the categories of individuals and records maintained in the system, as well as to the Policies and Practices for Storage of Records and the Administrative, Technical and Physical Safeguards sections.
- ○Comments close in 26 days
91 FR 65551FR Doc. 2026-21094official PDF↗federalregister.gov↗
NoticeFarm Credit Administration
Pursuant to the provisions of the Privacy Act of 1974, as amended (5 U.S.C. 552a), notice is hereby given that the Farm Credit Administration (FCA or Agency) is amending an existing system of records, FCA-4--Biographical Files--FCA. The Biographical Files--FCA system is used to inform the public about the background of FCA and FCSIC officials. The Agency is updating the notice to reflect changes to the categories of individuals and records maintained in the system, the record source categories, and to clarify the system purposes, as well as make changes to the Policies and Practices for Storage of Records and the Administrative, Technical and Physical Safeguards sections. Additionally, a modification to a routine use for the system has been made.
- ○Comments close in 28 days
- ○Takes effect in 36 days
91 FR 65547FR Doc. 2026-21093official PDF↗federalregister.gov↗
NoticeFarm Credit Administration
Pursuant to the provisions of the Privacy Act of 1974, as amended (5 U.S.C. 552a), notice is hereby given that the Farm Credit Administration (FCA or Agency) is amending an existing system of records, FCA-19--Non-Payroll Employee Administrative Records System. The Non-Payroll Employee Administrative Records System is used to collect information used for non-payroll personnel actions and human resources administrative purposes, including administering supplemental benefits, employee assistance programs, and work life programs. The Agency is updating the notice to reflect changes to the categories of individuals maintained in the system, the record source categories, and to the Policies and Practices for Storage of Records and the Administrative, Technical and Physical Safeguards sections.
- ○Comments close in 26 days
91 FR 65548FR Doc. 2026-21091official PDF↗federalregister.gov↗
NoticeFarm Credit Administration
Pursuant to the provisions of the Privacy Act of 1974, as amended (5 U.S.C. 552a), notice is hereby given that the Farm Credit Administration (FCA or Agency) is amending an existing system of records, FCA-11--Litigation and Administrative Adjudication Files--FCA. The FCA-11--Litigation and Administrative Adjudication Files--FCA system is used to track litigation matters and to draft legal opinions and litigation reports. The Agency is updating the notice to reflect changes to the categories of individuals and records source categories for the system, as well as to the Policies and Practices for Storage of Records and the Administrative, Technical and Physical Safeguards sections.
- ○Comments close in 26 days
91 FR 65550FR Doc. 2026-21090official PDF↗federalregister.gov↗
Machine-written from the fields above · claude-haiku-4-5-20251001
The Farm Credit Administration removed troubled debt restructurings from regulatory loan performance categories to align with current accounting principles.
The Farm Credit Administration removed troubled debt restructurings from regulatory loan performance categories to align with current accounting principles. — via Downstream, https://downstream.sh/daily/agency/farm-credit-administration/#s-2026-08-26
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RuleFarm Credit Administration
The Farm Credit Administration (FCA, we, or our) amends our regulatory high-risk loan performance categories by removing "Formally restructured loans (TDR)," also known as troubled debt restructurings. In 2022, changes in generally accepted accounting principles (GAAP) eliminated the accounting guidance for TDRs, enhanced disclosure requirements for certain loan refinancings and restructurings undertaken when a borrower is experiencing financial difficulty and changed existing vintage year disclosure requirements for public business entities. This final rule removes TDRs from our regulatory loan performance categories to reflect changes in GAAP. Because FCA regulations require Farm Credit System (System) institutions to prepare financial statements and reports in accordance with GAAP, retaining TDRs as a regulatory loan performance category is no longer consistent with current accounting standards. In addition to making conforming technical changes, the rule also makes minor technical and organizational revisions to ensure internal consistency within the regulation. In addition, FCA determined that no regulatory amendments are necessary to implement GAAP's enhanced disclosure requirements for loan modifications to borrowers experiencing financial difficulty or for amended vintage year disclosures, as existing FCA regulations already require GAAP-compliant financial reporting.
91 FR 54947FR Doc. 2026-17440official PDF↗federalregister.gov↗
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