OFFICE OF FOREIGN ASSETS CONTROL ISSUES RULE: CUBAN ASSETS CONTROL REGULATIONS

WASHINGTON, Sept. 30 -- Office of Foreign Assets Control has issued a rule called: Cuban Assets Control Regulations.

The rule was published in the Federal Register on Sept. 30 by Bradley T. Smith, Director, Office of Foreign Assets Control, Department of the Treasury.

Summary: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations to implement portions of the President's foreign policy toward Cuba, including as directed by National Security Presidential Memorandum-5, "Reissuance of and Amendments to National Security Presidential Memorandum 5 on Strengthening the Policy of the United States Toward Cuba" (2025 NSPM-5), signed by the President on June 30, 2025. Among other t...