Publication of Updated Cuban Assets Control Regulations (CACR) and Frequently Asked Questions

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Publication of Updated Cuban Assets Control Regulations (CACR) and Frequently Asked Questions.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations, 31 C.F.R. part 515 (CACR), to further implement portions of the President’s foreign policy toward Cuba. In accordance with newly announced changes to non-family travel to Cuba, OFAC is amending the CACR to remove the authorization for group people-to-people educational travel. The CACR amendment will be published in the Federal Register on Wednesday June 5, 2019, at which time the changes will take effect. OFAC is also publishing a number of updated Frequently Asked Questions and a Fact Sheet pertaining to this regulatory amendment.

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