GroundRules
31 CFR 561.407: Conducting or facilitating a financial transaction with the Central Bank of Iran or a designated Iranian financial institution.
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 561—IRANIAN FINANCIAL SANCTIONS REGULATIONS
- Subpart D—Interpretations
A foreign financial institution conducts or facilitates a financial transaction with the Central Bank of Iran or a designated Iranian financial institution if it maintains an account for such entities or engages in a financial transaction directly or indirectly with such entities.
Note to § 561.407:
See § 561.404 for factors that may be considered in determining whether a financial transaction is significant, as required for the imposition of certain sanctions pursuant to this part.
Collected 2026-08-27T02:25:25Z. Source file · JSON