31 CFR § 562.405 Iranian Sector and Human Rights Abuses Sanctions Regulations

§ 562.405 Setoffs prohibited.

Current through Oct 6, 2026 · Read all of Part 562

A setoff against blocked property (including a blocked account), whether by a U.S. bank or other U.S. person, is a prohibited transfer under § 562.201 if effected after the effective date.

← § 562.404 Transactions ordinarily incident to a licensed transaction authorized.§ 562.406 Entities owned by one or more persons whose property and interests in property are blocked. →