[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR540.319]



[Page 220]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 540_HIGHLY ENRICHED URANIUM (HEU) AGREEMENT ASSETS CONTROL 

REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 540.319  U.S. financial institution.



    The term U.S. financial institution means any U.S. entity (including 

its foreign branches) that is engaged in the business of accepting 

deposits, making, granting, transferring, holding, or brokering loans or 

credits, or purchasing or selling foreign exchange, securities, 

commodity futures or options, or procuring purchasers and sellers 

thereof, as principal or agent; including but not limited to, depository 

institutions, banks, savings banks, trust companies, securities brokers 

and dealers, commodity futures and options brokers and dealers, forward 

contract and foreign exchange merchants, securities and commodities 

exchanges, clearing corporations, investment companies, employee benefit 

plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries 

of any of the foregoing. This term includes those branches, offices and 

agencies of foreign financial institutions that are located in the 

United States, but not such institutions' foreign branches, offices, or 

agencies.