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1056. What does the June 9, 2022 amendment to the Cuban Assets Control Regulations (CACR) do?
Effective June 9, 2022, in consultation with the Department of State, OFAC amended the CACR to implement elements of policy changes announced by the Administration on May 16, 2022 to increase support for the Cuban people.
Professional meetings and conferences in Cuba: Effective June 9, 2022, OFAC amended 31 CFR § 515.564(a) to include a general license authorizing, subject to conditions, travel-related and other transactions incident to attending or organizing professional meetings or conferences in Cuba, such as professional meetings or conferences to support expanded internet access and remittance processing and to provide additional support and training to independent Cuban entrepreneurs. OFAC also amended and added cross-references to § 515.564(a) in notes to §§ 515.534, 515.542, 515.547, 515.572, 515.577, and 515.591.
Group people-to-people and other academic educational activities: Effective...
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1) Refer to the provisions amended for comments on the 6-8-22 revisions (substantive amendments to 515.564, 515.565 and 515.571).