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

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Title 12 CFR: Banks and Banking › Chapter II: FEDERAL RESERVE SYSTEM › Part 265: RULES REGARDING DELEGATION OF AUTHORITY › Subpart B: Delegations of Authority › § 265.9: § 265.9 Functions delegated to the Director of the Division of International Finance.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

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]

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