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Cuban Assets Control Regulations

sanctions-ofac · OFAC · Rule · Published 2016-10-17 · Effective 2016-10-17 · 81 FR 71372

Document

Document number
2016-25032
Federal Register citation
81 FR 71372
CFR reference
31 CFR 515
Type
Rule
Action
Final rule.
Category
sanctions-ofac
Sub-agency
OFAC
Publication date
2016-10-17
Effective date
2016-10-17

Abstract

The 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. Among other things, these amendments authorize certain transactions related to Cuban-origin pharmaceuticals and joint medical research; add, expand, and clarify authorizations relating to trade and commerce; authorize certain civil aviation safety-related services; further facilitate authorized travel to Cuba; and expand the authorizations for grants and humanitarian-related services designed to directly benefit the Cuban people. These amendments also implement certain technical and conforming changes. OFAC is making these amendments in support of the process of normalizing bilateral relations with Cuba.

Source

Authoritative
Federal Register document
Machine
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