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OFAC Update: Publication of New FAQ and Updates on Cuba Sanctions
The Office of Foreign Assets Control (OFAC) has recently published a new Frequently Asked Question (FAQ) and updated existing FAQs related to the Cuban Assets Control Regulations (CACR). As of August 27, 2024, the following changes have been made:
- 1 new basic information FAQ (FAQ 1190) has been published.
Additionally, two existing FAQs have been amended:
- FAQ 736
- FAQ 757
These updates aim to provide clarity and guidance on OFAC’s sanctions programs and regulations.
Referrence link: OFAC link
