Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURYPart 535 - IRANIAN ASSETS CONTROL REGULATIONS
Subpart E - LICENSES, AUTHORIZATIONS AND STATEMENTS OF LICENSING POLICY
Section 535.566 - Unblocking of foreign currency deposits held by U.S.-owned or controlled foreign firms

31 C.F.R. § 535.566

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Current through September 30, 2024
Section 535.566 - Unblocking of foreign currency deposits held by U.S.-owned or controlled foreign firms

Deposits held abroad in currencies other than U.S. dollars by branches and subsidiaries of persons subject to the jurisdiction of the United States are unblocked, provided however that conversions of blocked dollar deposits into foreign currencies are not authorized.

31 C.F.R. §535.566

44 FR 66833, Nov. 21, 1979