GL-1
ActiveTransactions Authorized Pursuant to the Cuban Assets Control Regulations
Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.
Summary
General License No. 1, issued under Executive Order 14404 of May 1, 2026, authorizes all transactions prohibited by that Executive Order to the extent they are authorized or exempt under the Cuban Assets Control Regulations (CACR), 31 CFR part 515. This includes transactions authorized by either a general or specific license pursuant to the CACR. However, the license does not extend to any transaction otherwise prohibited by 31 CFR Chapter V.
Authorized activities
- All transactions prohibited by Executive Order 14404 that are authorized or exempt under the Cuban Assets Control Regulations, 31 CFR part 515 (CACR)
- Transactions authorized by a general or specific license pursuant to the CACR
Conditions
This general license does not authorize any transaction that is otherwise prohibited by 31 CFR Chapter V.