---
kind: "section"
citation: "31 C.F.R. § 560.416"
title: "31"
number: "560.416"
heading: "Brokering services."
url: "https://uscodex.org/cfr/31/560.416"
---

# §560.416. Brokering services.

- (a) For purposes of the prohibitions in §§ [560.201](/cfr/31/560.201.md), [560.204](/cfr/31/560.204.md), [560.205](/cfr/31/560.205.md), [560.206](/cfr/31/560.206.md), and [560.208](/cfr/31/560.208.md), the term services includes performing a brokering function.
- (b) **Examples.** A person within the United States, or a United States person, wherever located, may not:
  - (1) Act as broker for the provision of goods, services or technology, from whatever source, to or from Iran or the Government of Iran;
  - (2) Act as broker for the purchase or swap of crude oil of Iranian origin or owned or controlled by the Government of Iran;
  - (3) Act as broker for the provision of financing, a financial guarantee or an extension of credit by any person to Iran or the Government of Iran;
  - (4) Act as a broker for the provision of financing, a financial guarantee or an extension of credit to any person specifically to enable that person to construct or operate a facility in Iran or owned or controlled by the Government of Iran; or
  - (5) Act as a broker for the provision of financing, a financial guarantee, or an extension of credit to any person specifically to enable that person to provide goods, services, or technology intended for Iran or the Government of Iran.

## Notes

### Authority

Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 2349aa-9, 7201-7211, 8501-8551, 8701-8795; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p. 854.

### Source

Source: 77 FR 64666, Oct. 22, 2012, unless otherwise noted.