31 CFR § 561.407
Conducting or facilitating a financial transaction with the Central Bank of Iran or a designated Iranian financial institution
July 31, 2023
§ 561.407 Conducting or facilitating a financial transaction with the Central Bank of Iran or a designated Iranian financial institution.
A foreign financial institution conducts or facilitates a financial transaction with the Central Bank of Iran or a designated Iranian financial institution if it maintains an account for such entities or engages in a financial transaction directly or indirectly with such entities.