Functions delegated to the Director of the Division of Monetary Affairs.

CFR · 2024-01-01 · US · Title 12

The Director of the Division of Monetary Affairs (or the Director's delegatee) is authorized: (a) (1) Delay the open of a TDF operation; (2) Extend the close of a TDF operation; (3) Reschedule a TDF operation; and (4) Delay the announcement of TDF operation results. (b) (c) (1) To reassess the deposit reporting threshold each year, starting in February 2022, as is necessary to maintain a weekly reporting panel of 1,000 institutions comprised of foreign-related reporters and the largest M2 deposit holders for the weekly Report of Deposits and Vault Cash (Form FR 2900); and (2) To determine the frequency with which the deposit reporting threshold is reassessed (

official document · source cfr-2024 · id 12:§ 265.10