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 561 - IRANIAN FINANCIAL SANCTIONS REGULATIONS
Subpart D - INTERPRETATIONS
Section 561.406 - Country with primary jurisdiction over the foreign financial institution

31 C.F.R. § 561.406

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Current through September 30, 2024
Section 561.406 - Country with primary jurisdiction over the foreign financial institution

For purposes of § 561.203(i) and § 561.204(f) , a country includes any jurisdiction that has its own central bank or contains a separate financial sector authority, and a foreign financial institution (including its foreign branches outside of the United States) is under a country's primary jurisdiction if the foreign financial institution is organized under the laws of the country or any jurisdiction within that country.

31 C.F.R. §561.406

78 FR 16409, Mar. 15, 2013