R628-20-8. Reporting by Higher Education Institutions of Foreign Deposits

Latest version.

  (1) The higher education institution shall file a written report with the Council on or before July 31 and January 31 of each year containing the following information for deposits held on June 30 and December 31 respectively:

  (a) Total market value of the deposit account which will include previous historical ending balances (up to 3 years);

  (b) Total market value of uninsured deposits in the deposit account, which will include previous historical ending balances (up to 3 years);

  (c) Debt rating of the FDI; and

  (d) Debt rating of the country in which the FDI is located.

                    
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