31 CFR § 541.406
Offshore transactions involving blocked property
July 31, 2023
§ 541.406 Offshore transactions involving blocked property.
The prohibitions in § 541.201 on transactions or dealings involving blocked property apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of a person whose property and interests in property are blocked pursuant to § 541.201(a).