{"data":{"id":"us/31-cfr-516.405","jurisdiction":"us","citation":"31 CFR 516.405","heading":"Setoffs prohibited.","body":"A setoff against blocked property (including a blocked account), whether by a U.S. financial institution or other U.S. person, is a prohibited transfer under § 516.201 if effected after the effective date.","path":["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 516—CUBA SANCTIONS REGULATIONS","Subpart D—Interpretations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-10-20/title-31.xml","current_through":"2026-10-20","vintage":"","retrieved_at":"2026-10-22T05:47:44Z","sha256":"3dcb44f6e7471db8b5b3e1f57483bce5d85e30c83be08ed0910c642a2356a15e","source_id":"us-cfr","stale":false,"prev":"us/31-cfr-516.404","next":"us/31-cfr-516.406"},"notice":"GroundRules: Original legal text. Not legal advice."}