Own foreign offices are foreign offices (banking and nonbanking) of the reporter, including any foreign office indirectly owned through a U.S. subsidiary depository or non depository financial institution. In addition, reporters owned by a foreign resident should include its direct foreign parent and any non U.S. branches or agencies as own foreign offices. Reporters should exclude offices of the reporter’s parent’s non-banking or banking subsidiaries as own foreign offices.
Therefore, the reporter should include as own foreign offices the following if applicable:
- The reporter’s own non U.S. offices
- The reporter’s own foreign parent bank
- The foreign parent banks non U.S. bank branches and agencies
- The reporter’s own U.S. depository institution’s and/or non depository institution’s foreign resident offices