{"data":{"id":"us/31-cfr-560.421","jurisdiction":"us","citation":"31 CFR 560.421","heading":"Setoffs prohibited.","body":"A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 560.211 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 560—IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS","Subpart D—Interpretations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-31.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:25Z","sha256":"7c7a674236c1513361b93a1c22222cf1fefd20157e017db89725aa38cc94c4b0","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-560.420","next":"us/31-cfr-560.422"},"notice":"GroundRules: Original legal text. Not legal advice."}