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Code · CFR · Title 31 — Money and Finance: Treasury · Part 552 · § 552.405

§ 552.405. Provision of services.

150 words·~1 min read·/us/cfr/t31/s§ 552.405·

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(a)The prohibitions on transactions contained in § 552.201 apply to services performed in the United States or by U.S. persons, wherever located, including by a foreign branch of an entity located in the United States:
(1)On behalf of or for the benefit of a person whose property and interests in property are blocked pursuant to § 552.201; or
(2)With respect to property interests of any person whose property and interests in property are blocked pursuant to § 552.201.
(b)For example, U.S. persons may not, except as authorized by or pursuant to this part, provide legal, accounting, financial, brokering, freight forwarding, transportation, public relations, or other services to a person whose property and interests in property are blocked pursuant to § 552.201. Note 1 to § 552.405. See §§ 552.507 and 552.509 on licensing policy with regard to the provision of certain legal and emergency medical services.
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