31 C.F.R. § 594.407 Offshore transactions.
Title 31 - Money and Finance: Treasury
The prohibitions in §§594.201 and 594.204 on transactions or dealings involving blocked property apply to transactions or dealings by any U.S. person in a location outside the United States with respect to property that the U.S. person knows, or has reason to know, is held in the name of a person whose property or interests in property are blocked pursuant to §594.201(a) or in which the U.S. person knows, or has reason to know, a person whose property or interests in property are blocked pursuant to §594.201(a) has or has had an interest since the effective date.
Title 31: Money and Finance: Treasury
PART 594—GLOBAL TERRORISM SANCTIONS REGULATIONS
Subpart D—Interpretations
§ 594.407 Offshore transactions.
