Background

The Treasury Department’s Office of Foreign Assets Control has issued a final rule that, effective Sept. 24, amends the Cuban Assets Control Regulations as follows.

- adds a new prohibition against persons subject to U.S. jurisdiction lodging, paying for lodging, or making any reservation for or on behalf of a third party to lodge at any property in Cuba identified as being owned or controlled by the Cuban government or specified types of individuals

- amends several import, export, and other general licenses to incorporate this new prohibition

- amends four general licenses to restrict the importation of Cuban-origin alcohol and tobacco products

- amends a general license to remove the authorization for persons subject to U.S. jurisdiction to attend or organize professional meetings or conferences in Cuba

- removes a general license that authorizes persons subject to U.S. jurisdiction to participate in or organize certain public performances, clinics, workshops, other athletic or non-athletic competitions, and exhibitions in Cuba and replaces it with a specific licensing policy

Practice Areas

ST&R: International Trade Law & Policy

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