69U-140.008 is to be amended to clarify and make the rule consistent with the actual activities that an international agency may engage in; and to correct a cross-reference of Section 655.012(3) to 655.012(2), F.S., as rulemaking authority. Rule 69U-...  


  • RULE NO.: RULE TITLE:
    69U-140.008: Permissible Activities for an Agency
    69U-140.015: Capital Equivalency or Asset Maintenance
    PURPOSE AND EFFECT: 69U-140.008 is to be amended to clarify and make the rule consistent with the actual activities that an international agency may engage in; and to correct a cross-reference of Section 655.012(3) to 655.012(2), F.S., as rulemaking authority. Rule 69U-140.015, F.A.C., to be amended to conform the rule to statutory provisions in Section 658.67, F.S., enacted by Chapter Law 2011-194; and to correct a cross-reference of 655.012(3) to 655.012(2), F.S., as rulemaking authority.
    SUBJECT AREA TO BE ADDRESSED: Regulation of Financial Institutions – International Banks.
    RULEMAKING AUTHORITY: 655.012(2), 663.061(3), 663.13 FS.
    LAW IMPLEMENTED: 663.061, 663.07(1), (3), (5), (7), (9), 663.12(4) FS.
    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE WEEKLY.
    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Jeffrey Jones, Assistant General Counsel, (850)410-9640, jeffrey.jones@flofr.com

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS NOT AVAILABLE.

Document Information

Subject:
Regulation of Financial Institutions – International Banks.
Purpose:
69U-140.008 is to be amended to clarify and make the rule consistent with the actual activities that an international agency may engage in; and to correct a cross-reference of Section 655.012(3) to 655.012(2), F.S., as rulemaking authority. Rule 69U-140.015, F.A.C., to be amended to conform the rule to statutory provisions in Section 658.67, F.S., enacted by Chapter Law 2011-194; and to correct a cross-reference of 655.012(3) to 655.012(2), F.S., as rulemaking authority.
Rulemaking Authority:
655.012(2), 663.061(3), 663.13 FS.
Law:
663.061, 663.07(1), (3), (5), (7), (9), 663.12(4) FS.
Contact:
Jeffrey Jones, Assistant General Counsel, (850)410-9640, jeffrey.jones@flofr.com
Related Rules: (2)
69U-140.008. Permissible Activities for an Agency
69U-140.015. Capital Equivalency or Asset Maintenance