Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 31 - Money and Finance: Treasury |
Subtitle B - Regulations Relating to Money and Finance |
Chapter V - Office of Foreign Assets Control, Department of the Treasury |
Part 584 - Magnitsky Act Sanctions Regulations |
Subpart D - Interpretations |
§ 584.405 - Provision of services.
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§ 584.405 Provision of services.
(a) The prohibitions on transactions contained in § 584.201 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 § 584.201(a); or
(2) With respect to property interests of any person whose property and interests in property are blocked pursuant to § 584.201(a).
(b) 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 § 584.201(a).
Note to § 584.405:See §§ 584.507 and 584.509 on licensing policy with regard to the provision of certain legal and emergency medical services.