§128.11. Purpose of reports.
31 C.F.R. § 128.11
Reports on international capital transactions and positions provide timely and reliable information on international portfolio capital movements by U.S. persons. This information is needed for preparation of the capital accounts of the United States balance of payments and the international investment position of the United States.
Notes, amendments, and revision history
Authority
Authority: 22 U.S.C. 286f and 3101 et seq.; 31 U.S.C. 5315 and 5321.
Source
Source: 58 FR 58495, Nov. 2, 1993, unless otherwise noted.