31 CFR 570.201 - Prohibited transactions.
The names of persons listed in or designated pursuant to Executive Order 13566, whose property and interests in property therefore are blocked pursuant to this section, are published in the Federal Register and incorporated into the Office of Foreign Assets Control's Specially Designated Nationals and Blocked Persons List (“SDN List”) with the identifier “[LIBYA2].” The SDN List is accessible through the following page on the Office of Foreign Assets Control's Web site: http://www.treasury.gov/sdn. Additional information pertaining to the SDN List can be found in Appendix A to this chapter. See § 570.406 concerning entities that may not be listed on the SDN List but whose property and interests in property are nevertheless blocked pursuant to this section. Executive Order 13566 also blocks the property and interests in property of the Government of Libya. See § 570.304 of this part for the definition of the term Government of Libya. The property and interests in property of persons falling within the definition of the term Government of Libya are blocked pursuant to this section regardless of whether the names of such persons are published in the Federal Register or incorporated into the SDN List.
The International Emergency Economic Powers Act ( 50 U.S.C. 1701- 1706), in Section 203 ( 50 U.S.C. 1702), authorizes the blocking of property and interests in property of a person during the pendency of an investigation. The names of persons whose property and interests in property are blocked pending investigation pursuant to this section also are published in the Federal Register and incorporated into the SDN List with the identifier “[BPI-LIBYA2].”
Sections 501.806 and 501.807 of this chapter describe the procedures to be followed by persons seeking, respectively, the unblocking of funds that they believe were blocked due to mistaken identity, or administrative reconsideration of their status as the Government of Libya or persons whose property and interests in property are blocked pursuant to this section.
- 31 CFR 570.404 — Transactions Ordinarily Incident to a Licensed Transaction Authorized.
- 31 CFR 570.203 — Holding of Funds in Interest-Bearing Accounts; Investment and Reinvestment.
- 31 CFR 570.403 — Termination and Acquisition of an Interest in Blocked Property.
- 31 CFR 570.507 — Authorization of Emergency Medical Services.
- 31 CFR 570.405 — Setoffs Prohibited.
- 31 CFR 570.202 — Effect of Transfers Violating the Provisions of This Part.
- 31 CFR 570.406 — Entities Owned by a Person Whose Property and Interests in Property Are Blocked.
- 31 CFR 570.301 — Blocked Account; Blocked Property.
- 31 CFR 570.201 — Prohibited Transactions.
- 31 CFR 570.304 — Government of Libya.
- 31 CFR 570.504 — Payments and Transfers to Blocked Accounts in U.S. Financial Institutions.
- 31 CFR 570.506 — Provision of Certain Legal Services Authorized.