### Question
How is the "foreign financial institution" defined?


### Answer
The term **foreign financial institution** is defined in *22 U.S.C. § 8921* as follows -

> given that term in section 561.308 of title 31, Code of Federal Regulations (or any corresponding similar regulation or ruling).

#### Citation:
  - *22 U.S.C. § 8921*
  - Heading: **CHAPTER 96A-UKRAINE FREEDOM SUPPORT**

