C.F.R. » Title 12 » CHAPTER II—FEDERAL RESERVE SYSTEM › SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM › PART 265—RULES REGARDING DELEGATION OF AUTHORITY › Subpart B—Delegations of Authority

12 C.F.R. § 265.9

Functions delegated to the Director of the Division of International Finance

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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]