§ 593.405 - Provision of services.

(a) The prohibitions on transactions involving blocked property contained in §593.201 apply to services performed in the United States or by U.S. persons, wherever located, including by an overseas 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 §593.201(a); or

(2) With respect to property interests subject to §593.201.

(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 §593.201(a).

Note to §593.405. See §§593.507 and 593.508, respectively, on licensing policy with regard to the provision of certain legal or medical services.