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Obama Administration announces plan to improve relations with Cuba

  • Steptoe & Johnson LLP
  • -
  • Cuba, USA
  • -
  • December 18 2014

On December 17, 2014, President Obama announced that the United States will ease certain travel, trade, and financial restrictions on Cuba and will

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