That list comprises entities and subentities under the control of the Cuban military, intelligence, and security services or personnel. Direct financial transactions with those entities and subentities are prohibited (bar a few exceptions) on the basis that they would disproportionately benefit those services or personnel at the expense of the Cuban people or private enterprise in Cuba – see the Cuban Assets Control Regulations, 31 CFR §515.209.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >