Regulations last checked for updates: May 15, 2024

Title 31 - Money and Finance: Treasury last revised: May 10, 2024
§ 552.405 - Provision of services.

(a) The prohibitions on transactions contained in § 552.201 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 § 552.201; or

(2) With respect to property interests of any person whose property and interests in property are blocked pursuant to § 552.201.

(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 § 552.201.

Note 1 to § 552.405.

See §§ 552.507 and 552.509 on licensing policy with regard to the provision of certain legal and emergency medical services.

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,1701; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260
source: 85 FR 68463, Oct. 29, 2020, unless otherwise noted.
cite as: 31 CFR 552.405