Obama Administration Issues Additional Revisions to the Cuban Assets Control Regulations and Export Administration Regulations

                On September 18, 2015, the Department of the Treasury (Office of Foreign Asset Control - OFAC) and Department  and Commerce (Bureau of Industry and Security – BIS) announced additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR), developing further liberalizations made by Treasury and Commerce on January 16, 2015 following the announcement by President Barack Obama on December 17, 2014.  The changes in Treasury regulations will be codified at 31 Code of Federal regulations (CFR), part 515; those of Commerce will be found at 15 CFR, parts 740, 46, and 772.