CFR›Title 31›Subtitle B›Chapter V›Part 516›Subpart C›31 CFR 516.306 Citation31 CFR 516.306CorpusDaily eCFRDisplayed edition2026-10-15Last updated2026-10-15 § 516.306 Foreign person.The term foreign person means any person that is not a U.S. person. Previous 516.305 § 516.305 Foreign financial institution. Next 516.307 § 516.307 Government of Cuba.