31 CFR 560.516 - Payment and United States dollar clearing transactions involving Iran.

§ 560.516 Payment and United States dollar clearing transactions involving Iran.
(a) United States depository institutions are authorized to process transfers of funds to or from Iran, or for the direct or indirect benefit of persons in Iran or the Government of Iran, if the transfer is covered in full by any of the following conditions and does not involve debiting or crediting an Iranian account:
(1) The transfer arises from an underlying transaction that has been authorized by a specific or general license issued pursuant to this part;
(2) The transfer arises from an underlying transaction that is not prohibited by this part, such as a non-commercial remittance to or from Iran (e.g., a family remittance not related to a family-owned enterprise); or
(3) The transfer arises from an underlying transaction that is exempted from regulation pursuant to § 203(b) ofthe International Emergency Economic Powers Act (50 U.S.C. 1702(b)), such as an exportation to Iran or importation from Iran of information and informational materials, a travel-related remittance, or payment for the shipment of a donation of articles to relieve human suffering.
(b) United States registered brokers or dealers in securities are authorized to process transfers of funds to or from Iran, or for the direct or indirect benefit of persons in Iran or the Government of Iran, if the transfer is covered in full by any of the conditions set forth in paragraph (a) of this section and does not involve the debiting or crediting of an Iranian account.
(c) Before a United States depository institution or a United States registered broker or dealer in securities initiates a payment on behalf of any customer, or credits a transfer to the account on its books of the ultimate beneficiary, the United States depository institution or United States registered broker or dealer in securities must determine that the underlying transaction is not prohibited by this part.
(d) Pursuant to the prohibitions contained in § 560.208, a United States depository institution or a United States registered broker or dealer in securities may not make transfers to or for the benefit of a foreign-organized entity owned or controlled by it if the underlying transaction would be prohibited if engaged in directly by the U.S. depository institution or U.S. registered broker or dealer in securities.
(e) This section does not authorize transactions with respect to property blocked pursuant to part 535.
[73 FR 66542, Nov. 10, 2008]

Title 31 published on 2013-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 3 - THE PRESIDENT
U.S. Code: Title 18 - CRIMES AND CRIMINAL PROCEDURE
U.S. Code: Title 22 - FOREIGN RELATIONS AND INTERCOURSE

22 U.S. Code § 2349aa–9 - Ban on importing goods and services from countries supporting terrorism

§ 2461 - Exchanges between United States and independent states of the former Soviet Union

§ 2462 - Establishment of grant program for foreign study by American college students of limited financial means

§ 2463 - Allocation of funds transferred to the Bureau of Educational and Cultural Affairs

§ 2464 - Ethical issues in international health research

§ 7201 - Definitions

§ 7202 - Restriction

§ 7203 - Exceptions

§ 7204 - Termination of sanctions

§ 7205 - State sponsors of international terrorism

§ 7206 - Congressional procedures

§ 7207 - Prohibition on United States assistance and financing

§ 7208 - Prohibition on additional imports from Cuba

§ 7209 - Requirements relating to certain travel-related transactions with Cuba

§ 7210 - Application of the Trade Sanctions Reform and Export Enhancement Act

§ 7211 - Technical clarification relating to provision of material support to terrorism

§ 8501 - Findings

§ 8511 - Definitions

§ 8512 - Economic sanctions relating to Iran

§ 8513 - Mandatory sanctions with respect to financial institutions that engage in certain transactions

§ 8513a - Imposition of sanctions with respect to the financial sector of Iran

§ 8514 - Imposition of sanctions on certain persons who are responsible for or complicit in human rights abuses committed against citizens of...or their family members after the June 12, 2009, elections in Iran

§ 8515 - Prohibition on procurement contracts with persons that export sensitive technology to Iran

§ 8516 - Authority to implement United Nations Security Council resolutions imposing sanctions with respect to Iran

§ 8517 - Increased capacity for efforts to combat unlawful or terrorist financing

§ 8518 - Reports on investments in the energy sector of Iran

§ 8519 - Reports on certain activities of foreign export credit agencies and of the Export-Import Bank of the United States

§ 8531 - Definitions

§ 8532 - Authority of State and local governments to divest from certain companies that invest in Iran

§ 8541 - Definitions

§ 8542 - Identification of countries of concern with respect to the diversion of certain goods, services, and technologies to or through Iran

§ 8543 - Destinations of Diversion Concern

§ 8544 - Enforcement authority

§ 8551 - General provisions

U.S. Code: Title 28 - JUDICIARY AND JUDICIAL PROCEDURE
U.S. Code: Title 31 - MONEY AND FINANCE
U.S. Code: Title 50 - WAR AND NATIONAL DEFENSE
Statutes at Large
Presidential Documents

Executive Order ... 12613

Executive Order ... 12957

Executive Order ... 12959

Executive Order ... 13059

Executive Order ... 13599

Executive Order ... 13622

Executive Order ... 13628

Title 31 published on 2013-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 31 CFR 560 after this date.

  • 2013-09-03; vol. 78 # 170 - Tuesday, September 3, 2013
    1. 78 FR 54199 - Effectiveness of Licensing Procedures for Exportation of Agricultural Commodities, Medicine, and Medical Devices to Sudan and Iran; Comment Request
      GPO FDSys XML | Text
      DEPARTMENT OF THE TREASURY, Office of Foreign Assets Control
      Request for comments.
      Written comments should be received on or before October 3, 2013 to be assured of consideration.
      31 CFR Parts 538 and 560