§2312. Imposition of sanctions — Inbound Citations

Citations to 21 U.S.C. § 2312 as a whole

• 21 U.S.C. § 2313(a)

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  (a) The sanctions that may be imposed with respect to a foreign person under section 2312 of this title are the following:

  (1) The United States Government may prohibit any United States financial institution from making loans or providing credits to the foreign person.

  (2) The following prohibitions may be imposed with respect to a foreign person that is a financial institution:

  (A) Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, the financial institution as a primary dealer in United States Government debt instruments.

  (B) The financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds.

  The imposition of either sanction under subparagraph (A) or (B) shall be treated as one sanction for purposes of section 2312 of this title, and the imposition of both such sanctions shall be treated as 2 sanctions for purposes of that section.

  (3) The United States Government may not procure, or enter into any contract for the procurement of, any goods or services from the foreign person.

  (4) The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the foreign person has any interest.

  (5) The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the foreign person.

  (6) The President may, pursuant to such regulations as the President may prescribe, prohibit any person from—

  (A) acquiring, holding, withholding, using, transferring, withdrawing, or transporting any property that is subject to the jurisdiction of the United States and with respect to which the foreign person has any interest;

  (B) dealing in or exercising any right, power, or privilege with respect to such property; or

  (C) conducting any transaction involving such property.

  (7) The President may, pursuant to such regulations or guidelines as the President may prescribe, prohibit any United States person from investing in or purchasing significant amounts of equity or debt instruments of the foreign person.

  (8) The President may direct the Secretary of State to deny a visa to, and the Secretary of Homeland Security to exclude from the United States, any alien that the President determines is a corporate officer or principal of, or a shareholder with a controlling interest in, the foreign person.

  (9) The President may impose on the principal executive officer or officers of the foreign person, or on individuals performing similar functions and with similar authorities as such officer or officers, any of the sanctions described in paragraphs (1) through (8) that are applicable.
• 21 U.S.C. § 2313(a)(2)

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  (2) The following prohibitions may be imposed with respect to a foreign person that is a financial institution:

  (A) Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, the financial institution as a primary dealer in United States Government debt instruments.

  (B) The financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds.

  The imposition of either sanction under subparagraph (A) or (B) shall be treated as one sanction for purposes of section 2312 of this title, and the imposition of both such sanctions shall be treated as 2 sanctions for purposes of that section.