StacksVerified U.S. regulatory reference

31 CFR §515.404

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
A transaction between any person within the United States and any principal, agent, home office, branch, or correspondent, outside the United States of such person is a transaction prohibited by § 515.201 to the same extent as if the parties to the transaction were in no way affiliated or associated with each other.