the debit and credit balances in their accounts carried by or for "foreigners". [33 F.R. 4576, Mar. 16, 1968] § 128.21 Use of prescribed report forms for portions of data required to be reported thereon. The report forms prescribed in Sections 128.11-128.20 are also prescribed for use, as needed, for the collection at intervals other than the ones stated of a portion of the data required on each form in the same or greater detail. § 128.22 Special survey report forms. On report forms other than those described in §§ 128.11 to 128.20 reports are required from time to time to provide detailed information on the content of aggregate data reported on these forms and also to provide qualitative information necessary for adequate analysis of the data reported. In lieu of reports on the forms described in this subpart, the required data may be reported on punch cards, magnetic tape, or other media that can be processed by data processing equipment, accompanied by a printed copy of the data reported which must be signed by a responsible officer of the reporting institution. The proposed method and format of reporting must be acceptable to the Federal Reserve Bank of the district in which the report is filed, and must be approved in writing by that Bank. [32 F.R. 14055, Oct. 10, 1967] APPENDIX-DETERMINATIONS MADE BY NATIONAL ADVISORY COUNCIL PURSUANT ΤΟ SECTION 2(a) AND (b) OF E.O. 10033. I. Determination of the National Advisory Council pursuant to E.O. 10033. In an action dated September 7, 1965, the National Advisory Council on International Monetary and Financial Problems made the following determination pursuant to section 2(a) of E.O. 10033 of February 8, 1949. Action 65 (E.O.)-49. The National Advisory Council, having consulted with the Director of the Bureau of the Budget, determines that current information with respect to international capital movements, derived from data on U.S. liabilities to and claims on foreigners and transactions in securities with foreigners, and current information with respect to U.S. gold holdings, foreign-currency holdings, and dollar liabilities to foreigners, are essential in order that the United States may comply with official requests of the International Monetary Fund for information with respect to the U.S. balance of payments and monetary reserves. Action No. 320, March 17, 1949, is superseded by this determination and is hereby revoked. II. Designation of the Treasury Department by the Director of the Bureau of the Budget pursuant to section 2(b) of E.O. 10033. On December 1, 1965, the Treasury Department was designated, pursuant to section 2(b) of E.O. 10033 of February 8, 1949, to collect information for the International Monetary Fund under the National Advisory Council determination of September 7, 1965. The letter containing the designation reads as follows: DECEMBER 1, 1965. Hon. HENRY H. FOWLER, DEAR MR. SECRETARY: On September 7, 1965, the National Advisory Council, after consultation with this Bureau in accordance with section 2(a) of Executive Order 10033, made the following determination (Action 65 (E.O.)-49): "The National Advisory Council, having consulted with the Director of the Bureau of the Budget, determines that current information with respect to international capital movements, derived from data on U.S. liabilities to and claims on foreigners and transactions in securities with foreigners, and current information with respect to U.S. gold holdings, foreign-currency holdings, and dollar liabilities to foreigners, are essential in order that the United States may comply with official requests of the International Monetary Fund for information with respect to the U.S. balance of payments and monetary reserves." It is hereby determined, pursuant to section 2(b) of Executive Order 10033, that the Treasury Department shall collect information pertaining to capital movements between the United States and foreign countries and pertaining to the monetary reserves of the United States, except information pertaining to direct-investment transactions, U.S. Government foreign lending operations, and claims and liabilities of U.S. Government agencies (other than public debt obligations), which is collected by the Department of Commerce. This letter supersedes the earlier determination as to the responsibilities of the Treasury Department in this area, dated April 21, 1949, as amended May 4, 1950. Sincerely yours, RAYMOND T. BOWMAN, [31 F.R. 8179, July 10, 1966] CHAPTER II-FISCAL SERVICE, DEPARTMENT OF THE TREASURY Part 202 203 205 208 209 210 211 214 223 224 225 226 250 251 253 254 256 SUBCHAPTER A-BUREAU OF ACCOUNTS Depositaries and financial agents of the Government. Special depositaries of public money. Withdrawal of cash from the Treasury for advances under Federal grant Public moneys and official checks of United States disbursing officers. Delivery of checks and warrants to addresses outside the United States, its Depositaries for Federal Taxes. Surety companies doing business with the United States. Acceptance of bonds, notes, or other obligations issued or guaranteed by Payment of the unclaimed interest on certain awards of the Mixed Claims Payments under the Act of Congress approved August 30, 1962, on unpaid Payments on account of awards and appraisals in favor of nationals of the Payments under judgments and private relief acts. 257 Payment on account of deposits in the Postal Savings System. 260 261 262 Shipment of valuables pursuant to the Government Losses in Shipment Act. Claims for replacement of valuables, or the value thereof, shipped pursuant to the Government Losses in Shipment Act. Declaration of valuables under the Government Losses in Shipment Act. Part 270 281 290 300 306 308 309 312 315 316 317 321 322 323 328 330 332 337 339 340 341 342 Availability of records. Foreign exchange operations. Loans to public or private agencies under Refugee Relief Act of 1953. SUBCHAPTER B-BUREAU OF THE PUBLIC DEBT Distinctive paper for United States currency and other securities. General regulations governing full-paid interim certificates. Issue and sale of Treasury bills. Federal savings and loan associations and Federal credit unions as fiscal agents of the United States. Regulations governing United States Savings Bonds. Offering of United States Savings Bonds, Series E. Regulations governing agencies for issue of U.S. Savings Bonds of Series E Payments by banks and other financial institutions of United States Savings Manner of accounting for losses resulting from the redemption of United Restrictive endorsements of bearer securities. Regulations governing payment under special endorsement of U.S. Savings Offering of United States Savings Bonds, Series H. Supplemental regulations governing Federal Housing Administration debentures. Exchange offering of United States Savings Bonds, Series H. Regulations governing the sale of Treasury bonds through competitive bidding. Regulations governing United States Retirement Plan Bonds. Offering of United States Savings Notes. 343 Offering of United States Mortgage Guaranty Insurance Company Tax and Loss Bonds. SUBCHAPTER C- -OFFICE OF THE TREASURER OF THE UNITED STATES Availability of records. 351 359 360 365 368 Settlements by the Treasurer of the United States, in advance of reclamation, Indorsement and payment of checks drawn on the Treasurer of the United Issue of substitutes of lost, destroyed, mutilated and defaced checks drawn Issue of substitutes of lost, stolen, destroyed, mutilated and defaced checks of the United States drawn on accounts maintained in depositary banks in foreign countries or United States territories or possessions. SUBCHAPTER A-BUREAU OF ACCOUNTS The regulations in this part govern the designation of Depositaries and Financial Agents of the Government (hereinafter referred to as depositaries), and their authorization to accept deposits of public money and to perform other services as provided for in section 10 of the Act of June 11, 1942, as amended (12 U.S.C. 265). Public Money includes, without being limited to, revenue and funds of the United States, and any funds the deposit of which is subject to the control or regulation of the United States or any of its officers, agents, or employees. The designation and authorization of Special Depositaries of Public Money for the receipt of deposits representing payments for certain U.S. obligations and of internal revenue taxes are governed by the regulations in Part 203 of this chapter. § 202.2 Designation. Every bank insured by the Federal Deposit Insurance Corporation is designated as a Depositary and Financial Agent. § 202.3 Authorization. (a) To accept deposits covered by FDIC insurance. Every depositary is au 1 The regulations, which previously appeared in this part, governing payment of checks drawn on the Treasurer of the United States now appear in revised form in Part 360 of this chapter (Department Circular 21 (Second Revision)). thorized, without further action, to accept a deposit of public money in an official account, other than an account in the name of the Treasurer of the United States, in which the maximum balance does not exceed the insurance coverage provided by the Federal Deposit Insurance Corporation. (b) To perform other services. (1) Upon the request of a Government agency, the Secretary of the Treasury may authorize a depositary to perform other services specifically requested by the agency, including: (i) The maintenance of official accounts in which balances will be in excess of the insurance coverage provided by the Federal Deposit Insurance Corporation; (ii) The maintenance of accounts in the name of the Treasurer of the United States; (iii) The acceptance of deposits for credit of the Treasurer of the United States; (iv) The furnishing of bank drafts in exchange for collections. (2) To obtain authorization to perform services specifically requested by a Government agency, a depositary must: (i) File with the Secretary of the Treasury an appropriate agreement and resolution of its board of directors authorizing the agreement (both on forms prescribed by and available from the Bureau of Accounts), and (ii) Pledge collateral security as provided for in § 202.6. § 202.4 Contract of deposit. A depositary which accepts a deposit under this part enters into a contract of deposit with the Treausry Department. The terms of the contract include all the provisions of this part and the provisions prescribed in section 202 of Executive Order 11246, entitled "Equal Employment Opportunity". § 202.5 Previously designated deposi taries. A depositary previously designated will, by the acceptance or retention of deposits, be presumed to have assented to all the terms and provisions of this part and to the retention of collateral security theretofore pledged. § 202.6 Collateral security. (a) Requirement. Prior to receiving deposits of public money, a depositary authorized to perform services under § 202.3(b) must pledge collateral security in the amount required by the Secretary of the Treasury. (b) Acceptable security. Unless otherwise specified by the Secretary of the Treasury, collateral security pledged under this section may be transferable securities of any of the following classes: (1) Obligations issued or fully insured or guaranteed by the United States or any U.S. Government agency, and obligations of Government-sponsored corporations which under specific statute may be accepted as security for public funds: At face value. (2) Obligations issued or fully guaranteed by the International Bank for Reconstruction and Development, the InterAmerican Development Bank or the Asian Development Bank: At face value. (c) Deposits of securities. Collateral security under this part must be deposited with (1) the Federal Reserve Bank or Branch of the district in which the depositary is located (depositaries located in Puerto Rico, the Virgin Islands, and the Panama Canal Zone will be considered as being located in the New York Federal Reserve district), or with a custodian or custodians within the United States designated by the Federal Reserve Bank, under terms and conditions prescribed by the Federal Reserve Bank, or (2) the Treasurer of the United States, Securities Division, Washington, D.C. 20220. Securities deposited with a Federal Reserve Bank or the Treasurer of the United States must be accompanied by a letter stating specifically the purpose for which the securities are being deposited. (d) Assignment. A depositary that pledges securities which are not negotiable without its endorsement or assignment may, in lieu of placing its unqualified endorsement on each security, furnish an appropriate resolution and irrevocable power of attorney authorizing the Federal Reserve Bank or the Treasurer of the United States, as the case may be, to assign the securities. The resolution and power of attorney shall conform to such terms and conditions as the Federal Reserve Banks or the Treasurer of the United States, as the case may be, shall prescribe. [Dept. Circ. 176, 2d Rev., 32 F.R. 14216, Oct. 13, 1967, as amended at 36 F.R. 6748, Apr. 8, 1971; 36 F.R. 17995, Sept. 8, 1971] |