# 12 C.F.R. § 265.10 (2026): Functions delegated to the Director of the Division of Monetary Affairs

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_10

## Section

- **Citation:** 12 C.F.R. § 265.10 (2026)
- **Heading:** Functions delegated to the Director of the Division of Monetary Affairs
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter II: FEDERAL RESERVE SYSTEM / Part 265: RULES REGARDING DELEGATION OF AUTHORITY / Subpart B: Delegations of Authority / § 265.10: § 265.10   Functions delegated to the Director of the Division of Monetary Affairs.

## Text

The Director of the Division of Monetary Affairs (or the Director's delegatee) is authorized:
(a)
Term Deposit Facility (TDF) test operations.
With the concurrence of the General Counsel, and in consultation with the Chair if feasible, to adjust the terms and conditions of individual TDF test operations that raise significant technical or operational issues, including but not limited to the authority to:
(1) Delay the open of a TDF operation;
(2) Extend the close of a TDF operation;
(3) Reschedule a TDF operation; and
(4) Delay the announcement of TDF operation results.
(b)
Regulation D.
With the concurrence of the General Counsel, to approve the annual indexation of the reserve requirement exemption amount and low reserve tranche amount under Regulation D (12 CFR part 204), so long as no change is proposed to any of the formulas by which these amounts are calculated.
(c)
Form FR 2900.
With the concurrence of the General Counsel—
(1) To reassess the deposit reporting threshold each year, starting in February 2022, as is necessary to maintain a weekly reporting panel of 1,000 institutions comprised of foreign-related reporters and the largest M2 deposit holders for the weekly Report of Deposits and Vault Cash (Form FR 2900); and
(2) To determine the frequency with which the deposit reporting threshold is reassessed (
e.g.,
annually or less frequently than annually) consistent with maintaining a stable panel of weekly reporters for the Form FR 2900 and enabling accurate construction of the monetary aggregates.
[87 FR 54003, Sept. 1, 2022, as amended at 88 FR 32622, May 22, 2023; 88 FR 80109, Nov. 17, 2023]

## Nearby sections

- [12 C.F.R. § 265.4 (2026) § 265.4   Functions delegated to Board members or staff within the Division of Board Members.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_4.md)
- [12 C.F.R. § 265.5 (2026) § 265.5   Functions delegated to the Secretary of the Board.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_5.md)
- [12 C.F.R. § 265.6 (2026) § 265.6   Functions delegated to the General Counsel.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_6.md)
- [12 C.F.R. § 265.7 (2026) § 265.7   Functions delegated to the Director of the Division of Supervision and Regulation.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_7.md)
- [12 C.F.R. § 265.8 (2026) § 265.8   Functions delegated to the Director of the Division of Consumer and Community Affairs.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_8.md)
- [12 C.F.R. § 265.9 (2026) § 265.9   Functions delegated to the Director of the Division of International Finance.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_9.md)
- [12 C.F.R. § 265.10 (2026) § 265.10   Functions delegated to the Director of the Division of Monetary Affairs.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_10.md)
- [12 C.F.R. § 265.11 (2026) § 265.11   Functions delegated to the Director of the Division of Reserve Bank Operations and Payment Systems.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_11.md)
- [12 C.F.R. § 265.12 (2026) § 265.12   Functions delegated to the Secretary of the Federal Open Market Committee.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_12.md)
- [12 C.F.R. § 265.13 (2026) § 265.13   Functions delegated to the Director of the Division of Financial Stability.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_13.md)
- [12 C.F.R. § 265.20 (2026) § 265.20   Functions delegated to Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_20.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P265_S265_10. Check the current official text before relying on it. Not legal advice.