“The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is amending the Cuban Assets Control Regulations to further implement portions of the President’s foreign policy toward Cuba. This rule amends and, in one case, removes certain authorizations for remittances to Cuba, and the rule also amends the general license relating to ‘U-turn’ financial transactions to eliminate the authorization to process such transactions and instead only allow the rejection of such transactions.”
84 FR 47121-23
Published 09-09-2019
