Reports of transactions with foreign financial agencies (31 CFR 1010.360).

The Secretary is authorized to require any “resident or citizen of the United States or a person in, and doing business in, the United States, to keep records, file reports, or keep records and file reports, when the resident, citizen, or person makes a transaction or maintains a relation for any person with a foreign financial agency.” The term “foreign financial agency” (FFA) applies to an action outside the United States of a “financial agency,” which the statute defines as “a person acting for a person . . . as a financial institution, bailee, depository trustee, or agent, or acting in a similar way related to money, credit, securities, gold, a transaction in money, credit, securities or gold, or a service provided with respect to money, securities, futures, precious metals, stones and jewels, or value that substitutes for currency.” The Secretary is also authorized to prescribe exemptions to the reporting requirement and to prescribe other matters the Secretary considers necessary to carry out 31 U.S.C. 5314. The regulations implementing these authorities to require reports of transactions with FFAs are found at 31 CFR 1010.360.

The latest form for Reports of transactions with foreign financial agencies (31 CFR 1010.360). expires 2029-01-31 and is listed under ICR 202507-1506-003.

Filing initial reports of certain transactions with designated FFAs

Federal Enterprise Architecture: Law Enforcement - Crime Prevention