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

54 words·~1 min read·/us/cfr/t12/s§ 265.9·

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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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U.S. Code

Establishment of accounts for purposes of open-market operations; correspondents and agencies
§ 358

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§ 265.9

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

U.S.C.§ 358

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