### Question
How does the law define Federal depository institution regulator?


### Answer
Under *31 U.S.C. § 5318*, **Federal depository institution regulator** is defined as:

> a member of the Financial Institutions Examination Council to which is delegated any authority of the Secretary under subsection (a)(1)

#### Citation:
  - *31 U.S.C. § 5318*
  - Heading: **SUBTITLE IV-MONEY > CHAPTER 53-MONETARY TRANSACTIONS > SUBCHAPTER II-RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS**

