(a) Prohibitions in any foreign country. A U.S. citizen employee abroad is specifically prohibited from engaging in the activities listed below in any foreign country.
- (1) Speculation in currency exchange.
- (2) Transactions at exchange rates differing from local legally available rates, unless such transactions are duly authorized in advance by the agency.
- (3) Sales to unauthorized persons (whether at cost or for profit) of currency acquired at preferential rates through diplomatic or other restricted arrangements.
- (4) Transactions which entail the use, without official sanction, of the diplomatic pouch.
- (5) Transfers of funds on behalf of blocked nationals, or otherwise in violation of U.S. foreign funds and assets control.
- (6) Independent and unsanctioned private transactions which involve an employee as an individual in violation of applicable control regulations of foreign governments.
- (7) Acting as an intermediary in the transfer of private funds from persons in one country to persons in another country, including the United States.
- (8) Permitting use of one's official title in any private business transactions or in advertisements for business purposes.
- (b) -(c) [Reserved]
- (d) Business activities of non-U.S. citizen employees. A non-U.S citizen employee abroad may engage in outside business activities with the prior approval of the head of the overseas establishment on the basis of the standards expressed in § 1203.735-204(a).