[Code of Federal Regulations] [Title 31, Volume 3] [Revised as of July 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 31CFR500.404] [Page 19-20] 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 [[Page 20]] were in no way affiliated or associated with each other.