On 4th June, a news release advised that OFAC had unveiled amendments to the Cuban Assets Control Regulations (CACR) to further implement the President’s foreign policy on Cuba. These amendments complement changes to the Department of Commerce’s Bureau of Industry and Security (BIS) Export Administration Regulations (EAR), which also took effect. These regulatory changes were announced on April 17th and include restrictions on non-family travel to Cuba. The changes include –
- ending group people-to-people travel – though travel-related transactions continue to be permitted by general licenses for certain categories of travel and certain authorised export transactions;
- ending exports of passenger vessels, recreational vessels, and private aircraft – making passenger and recreational vessels and private and corporate aircraft ineligible for a licence exception and to establish a general policy of denial for licence applications involving those vessels and aircraft.
Updated FAQ on Cuba sanctions are available from OFAC –
A factsheet is available at –