Following President Obama’s announcement of restored diplomatic relations with Cuba, a new set of regulations went into effect this month that will make it easier for telecommunications and Internet companies and financial institutions to provide services in Cuba.  The Bureau of Industry and Security (BIS) has amended the Export Administration Regulations (EAR), which control exports of certain hardware, software, and technology from the United States, to create a license exception authorizing the export of certain items to Cuba when used for certain purposes.  In addition, the Treasury Department’s Office of Foreign Assets Control (OFAC) has amended the Cuban Assets Control Regulations to ease U.S. sanctions on Cuba and loosen restrictions on the provision of services to and from the country, including financial, telecommunications, and Internet services.