{"data":{"id":"us/31-cfr-566.306","jurisdiction":"us","citation":"31 CFR 566.306","heading":"Financial institution.","body":"The term financial institution means:\n(a) An insured bank (as defined in section 3(h) of the Federal Deposit Insurance Act (12 U.S.C. 1813(h));\n(b) A commercial bank or trust company;\n(c) A private banker;\n(d) An agency or branch of a foreign bank in the United States;\n(e) Any credit union;\n(f) A thrift institution;\n(g) A broker or dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.);\n(h) A broker or dealer in securities or commodities;\n(i) An investment banker or investment company;\n(j) A currency exchange;\n(k) An issuer, redeemer, or cashier of travelers' checks, checks, money orders, or similar instruments;\n(l) An insurance company;\n(m) A dealer in precious metals, stones, or jewels;\n(n) A loan or finance company;\n(o) A licensed sender of money or any other person who engages as a business in the transmission of funds including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system;\n(p) A business engaged in vehicle sales, including automobile, airplane, and boat sales;\n(q) Any business or agency which engages in any activity which the Secretary of the Treasury determines, by regulation, to be an activity which is similar to, related to, or a substitute for any activity in which any business described in this paragraph is authorized to engage; or\n(r) Any other business designated by the Secretary whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.","path":["Title 31—Money and Finance: Treasury","Subtitle B—Regulations Relating to Money and Finance","CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY","PART 566—HIZBALLAH FINANCIAL SANCTIONS REGULATIONS","Subpart C—General Definitions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"26fbc8552f010cfb0a64411883eb51a1873a4113c95e1481ba86a58c10cf0b05","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-566.305","next":"us/31-cfr-566.307"},"notice":"GroundRules: Original legal text. Not legal advice."}