By Maya Lester KC & Michael O’Kane

OFAC amends Cuban Assets Control Regulations

OFAC has amended the Cuban Assets Control Regulations, 31 CFR Part 515 (CACR) to remove Cuba’s military-run entities from the remittance process. People/entities subject to US jurisdiction will no longer be authorised to process remittances to or from Cuba which involve entities/sub-entities identified on the Cuba Restricted List (CRL) as under the control of the Cuban military. This includes FINCIMEX, …

United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

See profile for Michael O'Kane >

Share this page on: