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 542 - SYRIAN SANCTIONS REGULATIONS
Subpart E - LICENSES, AUTHORIZATIONS, AND STATEMENTS OF LICENSING POLICY
Section 542.513 - Official business of certain international organizations and entities

31 C.F.R. § 542.513

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Current through September 30, 2024
Section 542.513 - Official business of certain international organizations and entities

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;
(b) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and
(c) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

31 C.F.R. §542.513

79 FR 25416, May 2, 2014, as amended 89 FR 48321, June 6, 2024
As amended 89 FR 48321, 6/6/2024

Note 1 to § 542.513. The authorization in this section includes the processing or transfer of funds on behalf of third-country entities to or from Syria in support of the transactions authorized by this section. U.S. financial institutions may rely on the originator of a funds transfer with regard to compliance with this section, provided that the financial institution does not know or have reason to know that the funds transfer is not in compliance with this section.