# Rules Regarding Foreign Gifts and Decorations
> **US Federal Reserve System** · Final rule. · Published 2003-12-10 · Effective 2004-01-09 · 68 FR 68720
## Document
- **Document number:** 03-30632
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 68 FR 68720
- **CFR reference:** 12 CFR 264
- **Publication date:** 2003-12-10
- **Effective date:** 2004-01-09
- **Docket:** Docket No. R-1174
## Abstract

The Board is revising its Rules Regarding Foreign Gifts and Decorations, which govern the acceptance, retention, and disposition of gifts and decorations from foreign governments by Board employees under the Foreign Gifts and Decorations Act of 1966, as amended ("Act"). The revisions reorganize and update the language of the existing rules, update the internal procedures of the Office of the Secretary, augment practices for complying with the Act, and delegate certain approval and enforcement authority. The substantive requirements for compliance with the rules remain unchanged.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/12/10/03-30632/rules-regarding-foreign-gifts-and-decorations)
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