[Code of Federal Regulations]
[Title 12, Volume 2]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR214.2]

[Page 422]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 214--RELATIONS WITH FOREIGN BANKS AND BANKERS (REGULATION N)--Table of Contents
 
Sec. 214.2  Information to be furnished to the Board.

    In order that the Board of Governors of the Federal Reserve System 
may perform its statutory duty of exercising special supervision over 
all relationships and transactions of any kind entered into by any 
Federal Reserve Bank with any foreign bank or banker or with any group 
of foreign banks or bankers or with any foreign State, each Federal 
Reserve Bank shall promptly submit to the Board of Governors of the 
Federal Reserve System in writing full information concerning all 
existing relationships and transactions of any kind heretofore entered 
into by such Federal Reserve Bank with any foreign bank or banker or 
with any group of foreign banks or bankers or with any foreign State and 
copies of all written agreements between it and any foreign bank or 
banker or any group of foreign banks or bankers or any foreign State 
which are now in force, unless copies have heretofore been furnished to 
the Board. Each Federal Reserve Bank shall also keep the Board of 
Governors of the Federal Reserve System promptly and fully advised of 
all transactions with any foreign bank or banker or with any group of 
foreign banks or bankers or with any foreign State, except transactions 
of a routine character.