12 CFR 265.9 - Functions delegated to the Director of the Division of International Finance.

Regulations last checked for updates: Nov 23, 2024

Title 12 - Banks and Banking last revised: Nov 20, 2024

View all text of Subpart B [§ 265.4 - § 265.20]

§ 265.9 - Functions delegated to the Director of the Division of International Finance.

The Director of the Division of International Finance (or the Director's delegatee) is authorized:

(a) Establishment of foreign accounts. To approve the establishment of foreign accounts and the terms of any account-related agreements with the Federal Reserve Bank of New York under section 14(e) of the Federal Reserve Act (12 U.S.C. 358).

(b) [Reserved]

authority: 12 U.S.C. 248(i) and (k)

source: 87 FR 54003, Sept. 1, 2022, unless otherwise noted.

cite as: 12 CFR 265.9