About the Commission
The FCSC’s authorizing statutes are the International Claims Settlement Act, 22 U.S.C. 1621 et seq., and the War Claims Act, 50 U.S.C. §§ 4101-4147.
The FCSC's regulations may be found at Parts 500 - 509 of Title 45, Code of Federal Regulations, see below.
Part | Headings |
Subchapter A--Rules of Practice | |
500 | Appearance and Practice |
501 | Subpoenas, Depositions, and Oaths |
502 | Public Information - Freedom of Information Act |
503 | Privacy Act and Government in the Sunshine Regulations |
Subchapter C--Receipt, Administration, and Payment of Claims under the International Claims Settlement Act of 1949, As Amended, and Related Acts | |
509 | Filing of Claims and Procedures Therefor |
History
The FCSC was established in 1954 (Reorganization Plan No. 1 (22 U.S.C. § 1622 note)), when it assumed the functions of two predecessor agencies: the War Claims Commission and the International Claims Commission. The FCSC and its predecessor agencies have successfully completed 43 claims programs to resolve claims against various countries, including the Federal Republic of Germany, Iran, Yugoslavia, Bulgaria, Romania, Hungary, the Soviet Union, Czechoslovakia, Poland, Italy, Cuba, China, East Germany, Vietnam, Ethiopia, Egypt, Panama, and Albania. In all, more than 660,000 claims have been adjudicated, with awards totaling in the billions of dollars.