31 CFR 510.406 - Offshore transactions involving blocked property.

Regulations last checked for updates: Mar 13, 2025

Title 31 - Money and Finance: Treasury last revised: Jan 17, 2025

View all text of Subpart D [§ 510.401 - § 510.413]

§ 510.406 - Offshore transactions involving blocked property.

The prohibitions in § 510.201 on transactions or dealings involving blocked property (including a blocked account) apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of the Government of North Korea, the Workers' Party of Korea, or any other person whose property and interests in property are blocked pursuant to § 510.201(a) or any property blocked by § 510.201(d).

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601

source: 83 FR 9187, Mar. 5, 2018, unless otherwise noted.

cite as: 31 CFR 510.406