OFAC Cuba Sanctions Regulations covering Implementation of May 2026 Executive Order

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is promulgating new Cuba Sanctions Regulations to implement a May 1, 2026 Cuba-related Executive Order. The interim regulations establish an initial framework, with OFAC signaling that supplemental rulemaking will follow covering potentially including general licenses covering interpretive guidance, and additional definitions. The action tightens US...