On September 21, 2015, the U.S. Treasury Departmentâs Office of Foreign Assets Control (âOFACâ) and the U.S. Commerce Departmentâs Bureau of Industry and Security (âBISâ) introduced a second round of amendments (the âSeptember Amendmentsâ) to the Cuban Assets Control Regulations (âCACRâ) and the Export Administration Regulations (âEARâ) in a continuing…
The U.S. Treasury Departmentâs Office of Foreign Assets Control and the U.S. Commerce Departmentâs Bureau of Industry and Security announced amendments to the Cuban Assets Control Regulations and the Export Administration Regulations in a continuing effort to relax certain aspects of the U.S. embargo against Cuba.