---
kind: "section"
citation: "31 C.F.R. § 128.11"
title: "31"
number: "128.11"
heading: "Purpose of reports."
url: "https://uscodex.org/cfr/31/128.11"
---

# §128.11. Purpose of reports.


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

### 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.