The Farm Credit Administration board on Thursday approved its regulatory agenda for the next 12 months, according to Dow Jones newswires.

Proposed rules on the agenda include measures addressing the scope of lending, receivership repudiation authority, disclosure and reporting requirements, risk-based capital standards for the Federal Agricultural Mortgage Corp. - or Farmer Mac - and investments in rural areas. Final rules on the agenda include borrower rights, capital adequacy and Farm Credit System member standards.

The Farm Credit Administration regulates the Farm Credit System, which includes 109 banks, associations and service corporations that lend to farmers and their cooperatives.