GroundRules
31 CFR 535.566: Unblocking of foreign currency deposits held by U.S.-owned or controlled foreign firms.
Where this section sits in the code
- 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 535—IRANIAN ASSETS CONTROL REGULATIONS
- Subpart E—Licenses, Authorizations and Statements of Licensing Policy
Deposits held abroad in currencies other than U.S. dollars by branches and subsidiaries of persons subject to the jurisdiction of the United States are unblocked, provided however that conversions of blocked dollar deposits into foreign currencies are not authorized.
Collected 2026-08-27T02:25:25Z. Source file · JSON