[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR500.404]

[Page 526]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 500--FOREIGN ASSETS CONTROL REGULATIONS--Table of Contents
 
                       Subpart D--Interpretations
 
Sec. 500.404  Transactions between principal and agent.

    A transaction between any person within the United States and any 
principal, agent, home office, branch, or correspondent, outside the 
United States of such person is a transaction prohibited by Sec. 500.201 
to the same extent as if the parties to the transaction were in no way 
affiliated or associated with each other.