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-...

DEPARTMENT OF FINANCIAL SERVICES
FSC - Financial Institution Regulation

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, [phone], [e-mail]

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