Regulations last checked for updates: Feb 16, 2025

Title 31 - Money and Finance: Treasury last revised: Jan 17, 2025
§ 589.410 - Setoffs prohibited.

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 § 589.201 if effected after the effective date.

source: 87 FR 26099, May 2, 2022, unless otherwise noted.
cite as: 31 CFR 589.410