Federal regulations · Through 2026-08-25 · Newer source version available

31 CFR 583.405: Provision and receipt of services.

(a) The prohibitions contained in § 583.201 apply to services performed in the United States or by U.S. persons, wherever located:
(1) On behalf of or for the benefit of any person whose property and interests in property are blocked pursuant to § 583.201; or
(2) With respect to property interests of any person whose property and interests in property are blocked pursuant to § 583.201.
(b) The prohibitions on transactions contained in § 583.201 apply to services received in the United States or by U.S. persons, wherever located, where the service is performed by, or at the direction of, a person whose property and interests in property are blocked pursuant to § 583.201.
(c) For 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 any person whose property and interests in property are blocked pursuant to § 583.201, or negotiate with or enter into contracts signed by a person whose property and interests in property are blocked pursuant to § 583.201.
Note 1 to § 583.405:
See §§ 583.507 and 583.509 for general licenses authorizing the provision of certain legal and emergency medical services.

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 583—GLOBAL MAGNITSKY SANCTIONS REGULATIONS
Subpart D—Interpretations

(a) The prohibitions contained in § 583.201 apply to services performed in the United States or by U.S. persons, wherever located:

(1) On behalf of or for the benefit of any person whose property and interests in property are blocked pursuant to § 583.201; or

(2) With respect to property interests of any person whose property and interests in property are blocked pursuant to § 583.201.

(b) The prohibitions on transactions contained in § 583.201 apply to services received in the United States or by U.S. persons, wherever located, where the service is performed by, or at the direction of, a person whose property and interests in property are blocked pursuant to § 583.201.

(c) For 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 any person whose property and interests in property are blocked pursuant to § 583.201, or negotiate with or enter into contracts signed by a person whose property and interests in property are blocked pursuant to § 583.201.

Note 1 to § 583.405:

See §§ 583.507 and 583.509 for general licenses authorizing the provision of certain legal and emergency medical services.

Collected 2026-08-27T02:25:25Z. Source file · JSON

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