# 31 C.F.R. § 576.407 (2026): Offshore transactions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_407

## Section

- **Citation:** 31 C.F.R. § 576.407 (2026)
- **Heading:** Offshore transactions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 31 CFR: Money and Finance: Treasury / Chapter V: OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY / Part 576: IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS / Subpart D: Interpretations / § 576.407: § 576.407   Offshore transactions.

## Text

The prohibitions in § 576.201 on transactions or dealings involving blocked property apply to transactions by any U.S. person in a location outside the United States with respect to property held in the name of a person whose property and interests in property are blocked pursuant to § 576.201, or property in which a person whose property and interests in property are blocked pursuant to § 576.201 has or has had an interest since the effective date.

## Nearby sections

- [31 C.F.R. § 576.401 (2026) § 576.401   Reference to amended sections.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_401.md)
- [31 C.F.R. § 576.402 (2026) § 576.402   Effect of amendment.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_402.md)
- [31 C.F.R. § 576.403 (2026) § 576.403   Setoffs prohibited.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_403.md)
- [31 C.F.R. § 576.404 (2026) § 576.404   Termination and acquisition of an interest in property.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_404.md)
- [31 C.F.R. § 576.405 (2026) § 576.405   Transactions ordinarily incident to a licensed transaction.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_405.md)
- [31 C.F.R. § 576.406 (2026) § 576.406   Provision of services.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_406.md)
- [31 C.F.R. § 576.407 (2026) § 576.407   Offshore transactions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_407.md)
- [31 C.F.R. § 576.408 (2026) § 576.408   Payments from blocked accounts to satisfy obligations prohibited.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_408.md)
- [31 C.F.R. § 576.409 (2026) § 576.409   Charitable contributions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_409.md)
- [31 C.F.R. § 576.410 (2026) § 576.410   Credit extended and cards issued by U.S. financial institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_410.md)
- [31 C.F.R. § 576.411 (2026) § 576.411   Prohibited transactions involving certain Iraqi cultural property.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_411.md)
- [31 C.F.R. § 576.412 (2026) § 576.412   Entities owned by one or more persons whose property and interests in property are blocked.](https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_412.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T31_P576_S576_407. Check the current official text before relying on it. Not legal advice.