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Trump Administration Cuba U.S. Treasury

Hogan Lovells

Presidential Memorandum emphasizes toughened US policy on Cuba

Hogan Lovells on

The National Security Presidential Memorandum represents another component in the reestablishment of a more hardline approach to Cuba. Cuba Restricted List potentially to be expanded to include entities with which indirect...more

Holland & Knight LLP

U.S. Announces Steps to Ease Cuba Sanctions

Holland & Knight LLP on

Besides certain expansions on remittances in 2022, the White House, on Jan. 14, 2025, issued a statement announcing President Joe Biden's plans to relax sanctions on Cuba through a series of broad measures aimed at improving...more

Akin Gump Strauss Hauer & Feld LLP

Treasury Imposes Additional Restrictions on Remittances to Cuba and “U-Turn” Transactions

On September 9, 2019, the Trump administration implemented additional U.S. sanctions on Cuba by restricting personal remittances to Cuba and eliminating authorization for U.S. banks to process “U-turn” transactions involving...more

Akin Gump Strauss Hauer & Feld LLP

Trump Administration Authorizes Lawsuits Against Companies that Deal in Property Confiscated by the Cuban Government and Tightens...

• Yesterday, May 2, the United States government allowed implementation of Title III of the Helms-Burton Act, for the first time since the law was enacted in 1996, to permit U.S. nationals to sue persons that “traffic” in...more

BCLP

Trade Policy Tensions Emerge As U.S. Reimposes Sanctions Against Iran (IRB No. 577)

BCLP on

Pursuant to the President’s May 8, 2018, memorandum announcing the United States’ withdrawal from the Joint Comprehensive Plan of Action (JCPOA), the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)...more

Akin Gump Strauss Hauer & Feld LLP

Treasury, State and Commerce Implement Regulations Pursuant to the Trump Administration’s Cuba Policy

• On November 9, 2017, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Department of State, and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) took coordinated...more

Holland & Knight LLP

U.S. Treasury Releases Revised FAQs Clarifying Upcoming Changes to U.S.-Cuba Sanctions Regulations

Holland & Knight LLP on

On July 25, 2017, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a revised set of frequently asked questions (FAQs) further clarifying the scope and implementation process for the...more

King & Spalding

Trump Tightens Cuba Sanctions

King & Spalding on

On June 16, 2017 President Trump announced new policy parameters for the U.S.-Cuba relationship and directed the Office of Foreign Assets Control (OFAC), Department of Treasury, Bureau of Industry and Security (BIS),...more

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