2006 Circular for Travel, Carrier and Remittance Forwarding Service Providers

Date issued: Mar. 24 2006

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (994 words)

Notes:

1) BACKGROUND

This "Circular" was produced in 2006, and up through Jan. 2015 it governed the terms of the provision, by persons subject to the jurisdiction of the U.S., of travel, carrier, and remittance-forwarding services involving Cuba [1]. In order to provide such services, 515.572 required persons subject to the jurisdiction of the U.S. to obtain special authorization from OFAC, and to abide by a detailed set of guidelines laid out in the Circular and its appendices. In 2015, 515.572 was amended to generally license the provision of travel, carrier, and remittance-forwarding services, removing the requirement for special authorization by OFAC in advance of the provision of any service.

While the Circular no longer serves its initial purpose, and has been removed from the main Cuba page of the OFAC website, the URL remains live as of 5/2019, and the Circular retains some...