Code of Federal Regulations · Section
§ 265.9 — Functions Delegated To The Director Of The Division Of International Finance
12 C.F.R. § 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]
Authorizing Statute
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Enumerated powers12 U.S.C. § 248