31 C.F.R. § 561.323

Current through May 31, 2024

Section 561.323 - Foreign financial institution owned or controlled by the government of a foreign country

The phrase foreign financialinstitution ownedor controlledby thegovernment ofa foreigncountry means any foreign financial institution, including a central bank of a foreign country, in which a government of a foreign country owns a 50 percent or greater interest and any foreign financial institution which is otherwise controlled by a government of a foreign country.

31 C.F.R. § 561.323