Treasury and Commerce Announce Significant Amendments to the Cuba Sanctions Regulations ahead of President Obama’s Historic Trip to Cuba

by Press on March 15, 2016

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Amendments Expand the Ability of Americans to Visit Cuba, Bolster Trade and Commercial Opportunities, and Reduce Barriers to Financial Transactions by Cuban Nationals
WASHINGTON –(ENEWSPF)--March 15, 2016. Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and Security (BIS) announced significant amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR). These changes, coupled with the arrangement recently announced by the Departments of State and . . .