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OFAC promulgates general licenses and special licenses to authorize certain activities, transactions, and dealings in support of the Cuban people

  • Steptoe & Johnson LLP
  • -
  • Cuba, USA
  • -
  • January 31 2011

The US Department of the Treasury, Office of Foreign Assets Controls (“OFAC”), has amended the Cuban Assets Control Regulations (“CACR”), 31 C.F.R. Part 515, promulgating general licenses and specific licenses to authorize certain activities, transactions, and dealings in support of the Cuban people

OFAC and BIS amend Cuba sanctions regulations to ease travel and telecommunications restrictions

  • Steptoe & Johnson LLP
  • -
  • Cuba, USA
  • -
  • September 23 2009

As previously reported, President Obama issued a press release on April 13, 2009, indicating the Administration’s intent to ease certain aspects of the US-Cuba trade sanctions regime in order to improve telecommunications connections between Cuba and the United States, and to make it easier for US persons to visit family members in Cuba and send money to them