---
kind: "section"
citation: "31 C.F.R. § 599.305"
title: "31"
number: "599.305"
heading: "Financial institution."
url: "https://uscodex.org/cfr/31/599.305"
---

# §599.305. Financial institution.


The term financial institution includes a depository institution (as defined in section 3(c)(l) of the Federal Deposit Insurance Act ([12 U.S.C. 1813(c)(l)](/usc/12/1813.md?p=c-l))), including a branch or agency of a foreign bank (as defined in section 1(b)(7) of the International Banking Act of 1978 ([12 U.S.C. 3101(7)](/usc/12/3101.md?p=7))); a credit union; a securities firm, including a broker or dealer; an insurance company, including an agency or underwriter; and any other company that provides financial services.


## Notes

### Authority

Authority: 3 U.S.C. 301; 21 U.S.C. 2301 et seq.; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 14059, 86 FR 71549, 3 CFR, 2021 Comp., p. 715.

### Source

Source: 87 FR 77712, Dec. 20, 2022, unless otherwise noted.