Regulations last checked for updates: Jun 02, 2024

Title 31 - Money and Finance: Treasury last revised: May 29, 2024
§ 547.405 - Provision of services.

(a) The prohibitions on transactions contained in § 547.201 apply to services performed in the United States or by U.S. persons, wherever located, including by a foreign branch of an entity located in the United States:

(1) On behalf of or for the benefit of a person whose property and interests in property are blocked pursuant to § 547.201(a); or

(2) With respect to property interests of any person whose property and interests in property are blocked pursuant to § 547.201(a).

(b) For example, U.S. persons may not, except as authorized by or pursuant to this part, provide legal, accounting, financial, brokering, freight forwarding, transportation, public relations, or other services to a person whose property and interests in property are blocked pursuant to § 547.201(a).

Note 1 to § 547.405:

See §§ 547.507 and 547.509 on licensing policy with regard to the provision of certain legal and emergency medical services.

source: 74 FR 25441, May 28, 2009, unless otherwise noted.
cite as: 31 CFR 547.405