News & Analysis as of

Bureau of Industry and Security (BIS) Cuba Foreign Policy

Hogan Lovells

U.S. State Department reinstates Cuba Restricted List

Hogan Lovells on

The U.S. Department of State has formally republished the Cuba Restricted List, restoring prohibitions on direct financial transactions with numerous Cuban military, intelligence, and security-linked entities. This move...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

ArentFox Schiff

BIS Imposes Additional Cuba Trade Restrictions and Restricts Use of Temporary Sojourn License Exception for Multiple Countries

ArentFox Schiff on

BIS has restricted Cuba’s access to commercial aircraft and other goods, lowered de minimis for foreign items containing US content to 10%, and restricted the temporary sojourn by aircraft in Iran, Syria, Sudan, and North...more

Akin Gump Strauss Hauer & Feld LLP

Obama Administration Further Eases Restrictions to Aid Implementation of Cuba Policy

On Monday, September 21, 2015, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) implemented amendments to the Cuban...more

Baker Donelson

What Will the "New Chapter" in U.S.-Cuba Relations Entail?

Baker Donelson on

On January 15, both the Treasury Department's Office of Foreign Assets Control (OFAC) and the Commerce Department's Bureau of Industry and Security (BIS) published final rules implementing President Obama's initial reforms....more

McDermott Will & Emery

United States Changes Policy on Cuba

McDermott Will & Emery on

As widely reported, President Obama announced on December 17, 2014, significant changes to U.S. policy relating to Cuba. The broad policy revisions include the following...more

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