201.1 Authority, purpose and you will range.
( good ) Expert. Which area is granted according to the power of parts 10A, 10B, 11(i), 11(j), 13, 13A, 14(d), and you can 19 of one’s Federal Set-aside Operate (12 U.S.C. 248(i)-(j), 343 et seq., 347a, 347b, 347c, 348 et seq., 357, 374, 374a, and 461).
( b ) Objective and you may scope. So it area kits regulations around which a national Set-aside Bank may extend borrowing from the bank so you’re able to depository establishments and others. But since if not provided, that it region applies to United states branches and you will enterprises of foreign financial institutions that are susceptible to set aside conditions not as much as Control D (12 CFR part 204) in the same way in order to an identical the amount since this area applies to depository institutions.