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SECTION 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]

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