12 CFR § 211.11 - Advisory opinions under Regulation K.

---
identifier: "/us/cfr/t12/s211.11"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 211.11 - Advisory opinions under Regulation K."
title_number: 12
title_name: "Banks and Banking"
section_number: "211.11"
section_name: "Advisory opinions under Regulation K."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "211"
part_name: "INTERNATIONAL BANKING OPERATIONS (REGULATION K)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 221  1818, 1835a, 1841  3101  3901  and 5101  15 U.S.C. 1681s, 1681w, 6801 and 6805."
cfr_part: "211"
---


# 211.11 Advisory opinions under Regulation K.

(a) *Request for advisory opinion.* Any person may submit a request to the Board for an advisory opinion regarding the scope of activities permissible under any subpart of this part.

(b) *Form and content of the request.* Any request for an advisory opinion under this section shall be:

(1) Submitted in writing to the Board;

(2) Contain a clear description of the proposed parameters of the activity, or the service or product, at issue; and

(3) Contain a concise explanation of the grounds on which the submitter contends the activity is or should be considered by the Board to be permissible under this part.

(c) *Response to request.* In response to a request received under this section, the Board shall:

(1) Direct the submitter to provide such additional information as the Board may deem necessary to complete the record for a full consideration of the issue presented; and

(2) Provide an advisory opinion within 45 days after the record on the request has been determined to be complete.