{"data":{"id":"us/31-cfr-587.405","jurisdiction":"us","citation":"31 CFR 587.405","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 § 587.201 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 587—RUSSIAN HARMFUL FOREIGN ACTIVITIES 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":"cf17b7af9bfd04851845e7d982ea140c8e1aba66008be3d4b47e9a755013dfef","source_id":"us-cfr","stale":true,"prev":"us/31-cfr-587.404","next":"us/31-cfr-587.406"},"notice":"GroundRules: Original legal text. Not legal advice."}
