Title 31

SECTION 561.323

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

§ 561.323 Foreign financial institution owned or controlled by the government of a foreign country.

The phrase foreign financial institution owned or controlled by the government of a foreign country 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.

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