Cuban Assets Control Regulations

Rule published January 27, 2016 · 81 FR 4583

Document number
FR Doc. 2016-01559
Type
Rule
Published
January 27, 2016
Citation
81 FR 4583 (pages 4,583–4,586)
Action
Final rule.
Effective
January 27, 2016
Dates
Effective: January 27, 2016.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations to further implement elements of the policy announced by the President on December 17, 2014 to engage and empower the Cuban people. These amendments remove certain payment and financing restrictions for authorized exports and reexports to Cuba of items other than agricultural items or commodities and further facilitate travel to Cuba for authorized purposes by allowing blocked space, code-sharing, and leasing arrangements with Cuban airlines and authorizing additional travel-related and other transactions directly incident to the temporary sojourn of aircraft and vessels. These amendments also authorize additional transactions related to professional meetings and other events, disaster preparedness and response projects, and information and informational materials, including transactions incident to professional media or artistic productions in Cuba.

Regulations cited

OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.

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