martes, 26 de julio de 2011

Treasury Recognizes Cuba Travel Abuses



July 26, 2011

The Treasury Department's Office of Foreign Assets Control (OFAC) has just released the following travel advisory:

CUBA TRAVEL ADVISORY

ISSUED: July 25, 2011

SUBJECT: Travel to Cuba and People-to-People Groups

The U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") is aware of misstatements in the media suggesting that U.S. foreign policy, as implemented by OFAC, now allows for virtually unrestricted group travel to Cuba by persons subject to the jurisdiction of the United States. Although OFAC amended the Cuban Assets Control Regulations, 31 C.F.R. Part 515 (the "Regulations"), in January 2011 to expand licensing of travel to Cuba for certain specific purposes, the amended Regulations still contain significant travel restrictions.

Read more here.

Let's hope Treasury takes action against those intentionally skirting the law.

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