Share on LinkedInShare on LinkedIn

ARTICLE · 05 NOVEMBER 2026

OFAC Issues New Cuba Sanctions Program And Amends The CACR

The U.S. has for decades imposed a broad embargo on Cuba, anchored principally by the sanctions administered and enforced by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and export controls administered and enforced by the U.S. Department of the Commerce's Bureau of Industry and Security (BIS).

United StatesInternational Law

Highlights

  • The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on September 29, 2026, announced the publication of the Cuba Sanctions Regulations (CSR) at 31 C.F.R. Part 516 – new regulations to implement Executive Order (EO) 14404 of May 1, 2026. OFAC also amended the existing Cuban Assets Control Regulations (CACR) at 31 C.F.R. Part 515. Both the CSR and CACR amendments took effect on September 30, 2026.
  • The CSR establish a standalone regulatory framework to implement EO 14404, which authorized sanctions against a broad range of targets related to Cuba, including companies in key sectors of the Cuban economy and foreign financial institutions that process significant transactions with persons blocked pursuant to the EO. OFAC simultaneously amended the CACR to implement key elements of the Trump Administration's policies, including the elimination of certain long-standing regulatory authorizations.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from