CFR > Title 31 - Money and Finance: Treasury > SUBTITLE B—Regulations Relating to Money and Finance > CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY (parts 501 to 598) > PART 542—SYRIAN SANCTIONS REGULATIONS > SUBPART D—Interpretations (§542.401 to §542.410) > 542.405—Provision of services.

542.405—Provision of services.

(a) Except as provided in § 542.206, the prohibitions on transactions involving blocked property contained in § 542.201 apply to services performed in the United States or by U.S. persons, wherever located, including by an overseas branch of an entity located in the United States:
(1) On behalf of or for the benefit of a person whose property or interests in property are blocked pursuant to § 542.201(a); or
(2) With respect to property interests subject to § 542.201.
(b) 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 or interests in property are blocked pursuant to § 542.201(a).

Code of Federal Regulations

Note to § 542.405 : See §§ 542.507 and 542.508 , respectively, on licensing policy with regard to the provision of certain legal or medical services.