C.F.R. » Title 31 » CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY › PART 585—HONG KONG-RELATED SANCTIONS REGULATIONS › Subpart E—Licenses, Authorizations, and Statements of Licensing Policy

31 C.F.R. § 585.501

General and specific licensing procedures

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For provisions relating to licensing procedures, see part 501, subpart E, of this chapter. Licensing actions taken pursuant to part 501 of this chapter with respect to the prohibitions contained in this part are considered actions taken pursuant to this part. General licenses and statements of licensing policy relating to this part also may be available through the Hong Kong-Related Sanctions page on OFAC's website: https://ofac.treasury.gov.

[86 FR 3794, Jan. 15, 2021, as amended at 91 FR 46842, July 27, 2026]
Notes of Decisions
Cited in 1 case, 1995–1995 · leading case: Fed. Repub. of Yugoslavia v. Park-71st Corp., 913 F. Supp. 191 (S.D.N.Y. 1995).
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Fed. Repub. of Yugoslavia v. Park-71st Corp., 913 F. Supp. 191 (S.D.N.Y. 1995). “Parties seeking to transfer blocked property must apply for a license from the Office of Foreign Assets Control in the Department of the Treasury ("OFAC”), see, 31 C.F.R. § 585.501 et seq. (licensing policy); 31 C.”
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