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Where can I find the amendments to the Cuban Assets Control Regulations (CACR)?
Please see the Federal Register.
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When are the most recent amendments to the CACR effective?
The most recent amendments will become effective when published in the Federal Register on
September 21, 2015. The immediately preceding amendments became effective on January 16,
2015.
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Are sanctions on Cuba still in place following the President’s announcement on December
17, 2014?
Yes, the Cuba embargo remains in place. Most transactions between the United States, or
persons subject to U.S. jurisdiction, and Cuba continue to be prohibited, and OFAC continues to
enforce the prohibitions of the CACR. These changes, effective on January 16 and September 21,
2015, respectively, are targeted to further engage and empower the Cuban people by facilitating
authorized travel to Cuba by persons subject to U.S. jurisdiction, certain authorized commerce,
and the flow of information to, from, and within Cuba.
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Is the Department of Commerce also amending its rules?
Yes. The Department of Commerce’s Bureau of Industry and Security (BIS) in coordination with
OFAC, is also amending its rules. The BIS amendments, among other things, authorize the
export of certain items to Cuba to improve living conditions, support independent economic
activity, improve the free flow of information, and facilitate authorized travel and commerce. For
additional information, please see the BIS website at: http://www.bis.doc.gov.
Posted with BlogsyFiled under: Cuba Sanctions, Frequently Asked Questions (FAQ), OFAC Updates
