Foreign financial institution.

Foreign financial institution. A financial institution (including foreign branches of U.S. financial institutions):
(1) Organized and licensed under the laws of a jurisdiction outside the United States;
(2) Not domiciled in the United States; and
(3) Subject to the banking or other financial regulatory authority of a foreign jurisdiction (except for multilateral and sovereign institutions).


7 CFR § 1493.210

Scoping language

Terms set forth in this part, on the USDA Web site (including in program announcements and notices to participants), and in any CCC-originated documents pertaining to the FGP will have the following meanings:

Is this correct? or