Federal Register - February 26, 2021

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Fuente: Federal Register

khammond on DSKJM1Z7X2PROD with RULES

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Federal Register / Vol. 86, No. 37 / Friday, February 26, 2021 / Rules and Regulations
the number of customers taking broadband service on a per community basis utilizing RUS on-line reporting system. These reports must be submitted throughout the loan amortization period or for the economic life of the facilities funded with a grant.
d Awardees will be required to submit annually updated service area maps through the RUS mapping tool showing the areas where construction has been completed and premises are receiving service until the entire PFSA
can receive the broadband service. At the end of the project, Awardees must submit a service area map indicating that all construction has been completed as proposed in the application. If parts of the PFSA have not been constructed, RUS may require a portion of the award to be rescinded or paid back.
e Awardees must comply with all reasonable Agency requests to support ongoing monitoring efforts. The Awardee shall afford RUS, through its representatives, reasonable opportunity, at all times during business hours and upon prior notice, to have access to and the right to inspect: The Broadband System, any other property encumbered by the Award Documents, any and all books, records, accounts, invoices, contracts, leases, payrolls, timesheets, cancelled checks, statements, and other documents electronic or paper, of every kind belonging to or in the possession of the Awardee or in any way pertaining to its property or business, including its subsidiaries, if any, and to make copies or extracts thereof.
f Awardee records shall be retained and preserved in accordance with the provisions of 7 CFR part 1770, subpart A.
g Awardees receiving assistance under this part will be required to submit annual reports for three 3 years after the completion of construction.
The reports must include the following information:
1 Existing network service improvements and facility upgrades, as well as new equipment and capacity enhancements that support high-speed broadband access for educational institutions, health care providers, and public safety service providers;
2 The estimated number of end users who are currently using or forecasted to use the new or upgraded infrastructure;
3 The progress towards fulfilling the objectives for which the assistance was granted;
4 The number and geospatial location of residences and businesses that will receive new broadband service;
5 The speed and price of the Awardees broadband service offerings;
and
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6 The average price of broadband service in the Projects service area.
1740.81

Default and de-obligation.

RUS reserves the right to deobligate awards to Awardees under this part that demonstrate an insufficient level of performance, wasteful or fraudulent spending, or noncompliance with environmental and historic preservation requirements.
1740.821740.93

Reserved
1740.94 Confidentiality of Applicant information.

Applicants are encouraged to identify and label any confidential and proprietary information contained in their applications. The Agency will protect confidential and proprietary information from public disclosure to the fullest extent authorized by applicable law, including the Freedom of Information Act, as amended 5
U.S.C. 552, the Trade Secrets Act, as amended 18 U.S.C. 1905, the Economic Espionage Act of 1996 18
U.S.C. 1831 et seq., and CALEA 47
U.S.C. 1001 et seq.. Applicants should be aware, however, that this program requires substantial transparency. For example, RUS is required to make publicly available on the internet a list of each entity that has applied for a loan or grant, a description of each application, the status of each application, the name of each entity receiving funds, and the purpose for which the entity is receiving the funds.
Compliance with applicable
Any recipient of funds under this regulation shall be required to comply with all applicable federal, tribal and state laws, including but not limited to:
a The Architectural Barriers Act of 1968, as amended 42 U.S.C. 4151 et seq.;
b The Uniform Federal Accessibility Standards UFAS Appendix A to 41
CFR subpart 10119.6; and c All applicable federal, tribal and state communications laws and regulations, including, for example, the Communications Act of 1934, as amended, 47 U.S.C. 151 et seq. the Telecommunications Act of 1996, as amended Pub. L. 104104, 110 Stat. 56
1996, and CALEA. For further information, see http www.fcc.gov.
1740.961740.99
1740.100

Reserved
OMB control number.

The information collection requirements in this part are approved
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Christopher A. McLean, Acting Administrator, Rural Utilities Service.
FR Doc. 202103443 Filed 22521; 8:45 am BILLING CODE 341015P

FEDERAL RESERVE SYSTEM
12 CFR Part 231

Subpart GOther Information and Federal Requirements
1740.95
laws.

by the Office of Management and Budget OMB and assigned OMB
control number 05720152.

Regulation EE; Docket No. R1661
RIN 7100AF 48

Netting Eligibility for Financial Institutions Board of Governors of the Federal Reserve System.
ACTION: Final rule.
AGENCY:

The Board of Governors Board is publishing a final rule that amends Regulation EE to include additional entities in the definition of financial institution contained in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991 FDICIA so that they are covered by FDICIAs netting protections.
The final rule also clarifies certain aspects of the existing activities-based test in Regulation EE.
DATES: The final rule is effective March 29, 2021.
FOR FURTHER INFORMATION CONTACT:
Evan Winerman, Senior Counsel 202
8727578, Legal Division. Users of Telecommunication Device for Deaf TDD only, call 202 2634869.
SUPPLEMENTARY INFORMATION:
SUMMARY:

I. Background Sections 401407 of FDICIA 1 provide certainty that netting contracts will be enforced, even in the event of the insolvency of one of the parties. These netting provisions apply to bilateral netting contracts between two financial institutions and multilateral netting contracts among members of a clearing organization.2 FDICIA defines financial 1 Public Law 102242; 105 Stat. 2236, 23723; 12
U.S.C. 44014407.
2 FDICIA section 4022 generally defines clearing organization to include entities that provide clearing, netting, and settlement services to their members and in which all members of the entity are themselves financial institutions or clearing organizations. However, certain entities qualify as clearing organizations under FDICIA
section 4022and are therefore eligible for the multilateral netting protections under FDICIA
section 404without regard to whether all of their members qualify as financial institutions or clearing organizations. Specifically, an entity automatically qualifies as a clearing organization if it is 1
registered with the Securities and Exchange
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Federal Register - February 26, 2021

TítuloFederal Register

PaísEstados Unidos de América

Fecha26/02/2021

Nro. de páginas257

Nro. de ediciones7798

Primera edición14/03/1936

Ultima edición18/06/2026

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