On April 21, 2016, the Department of Treasury’s Office of Foreign Assets Control (OFAC) updated its FAQ document related to Cuba. This document contains answers to several questions regarding information about Cuba such as Embargo, Travel, and Trade/Business. Recently, the OFAC updated information related to Banking, Trade/Business, and Telecommunications. The FAQ document was first published in December 2014 as a result of President Obama’s announcement to restore full diplomatic relations with Cuba. The FAQ document is updated regularly to reflect changes to the Cuban Assets Control Regulations and provide the most up-to-date information on the United States’ relations with Cuba.
To read the Treasury’s FAQ document, click here.