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

---
identifier: "/us/cfr/t12/s265.9"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 265.9 - Functions delegated to the Director of the Division of International Finance."
title_number: 12
title_name: "Banks and Banking"
section_number: "265.9"
section_name: "Functions delegated to the Director of the Division of International Finance."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "265"
part_name: "RULES REGARDING DELEGATION OF AUTHORITY"
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. 248(i) and (k)."
regulatory_source: "87 FR 54003, Sept. 1, 2022, unless otherwise noted."
cfr_part: "265"
---


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

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]