Popular, Cuba | JD Supra

Treasury Amends the Cuban Assets Control Regulations to Support Cuban Citizens and Independent Private Sector Entrepreneurs

Pillsbury - Global Trade & Sanctions Law on 6/10/2024

On May 28, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to better implement the Biden-Harris Administration’s policy aimed at...more

Treasury Department Amends Cuba Sanctions, Expands Access to Internet and Financial Services for Cuban Nationals

Wiley Rein LLP on 6/5/2024

On May 28, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced amendments to the Cuban Assets Control Regulations (CACR), which expand authorizations for certain financial and...more

The BIOSECURE Act and Its Potential Implications

Goodwin on 3/6/2024

Proposed federal legislation known as the BIOSECURE Act is being considered in both the U.S. House of Representatives and the U.S. Senate....more

Review of Sanctions and Export Control Developments in 2021 and What to Expect in 2022

Foley Hoag LLP - White Collar Law &... on 2/25/2022

This is the fifth post in this year’s series examining important trends in white collar law and investigations. Our previous post discussed trends in State AG enforcement. Up next: SEC Enforcement in 2022: A Look Ahead. ...more

‘Foreign Adversaries’ In Tech Supply Chain May Be Under the Microscope

ArentFox Schiff on 2/2/2021

The Information and Communications Technology and Services (ICTS) Rule, if implemented by the Biden Administration, would significantly impact companies that have an international nexus in a number of different sectors,...more

United States to Allow U.S. Nationals to Sue Companies Alleged to be Trafficking in Property Confiscated by the Cuban Government

Stinson LLP on 4/18/2019

Twenty-three years after Title III of the Helms-Burton Act was enacted and immediately "shelved" by President Clinton, the United States government is reportedly on the verge of permitting U.S. nationals to sue companies that...more

Treasury Department Issues FAQ on Impact of Cuba Policy Shift

Baker Donelson on 6/22/2017

On June 16, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a press release answering 12 "Frequently Asked Questions" ahead of President Trump's announcement of a revised U.S. policy...more

Our Armchair Santería on Cuba Policy: What Will President Trump do on Cuba?

Sheppard Mullin Richter & Hampton LLP on 6/1/2017

According to reports published this week, the Trump Administration is preparing to release the results of its policy review on Cuba in the “coming weeks.” We don’t have a crystal ball (or a leaking insider). But we continue...more

Doing Business in Cuba Under the FCPA

Thomas Fox - Compliance Evangelist on 3/21/2017

I want to consider the impending opening of Cuba to US business, what you can do now and what you must wait for until the embargo is lifted; all from the perspective of compliance with the Foreign Corrupt Practices Act...more

2017 Key Trade Issues: U.S. Embargoes and Economic Sanctions on Iran, Russia, and Cuba

Polsinelli on 12/21/2016

U.S. embargoes and economic sanctions on countries such as Iran, Russia and Cuba were discussed at length by both candidates during the 2016 Presidential campaign, and President-Elect Trump has stated that he intended to...more

Presidential Pulse: 10 Key Ways the Trump Administration May Impact The Way You Do Business in 2017

Seyfarth Shaw LLP on 12/13/2016

Today marks just over a month since Donald Trump was elected as the next President of the United States. As each cabinet appointment is announced, we get more clues to help us predict which direction the Trump...more

"Looking Ahead: The U.S. Legal and Regulatory Environment Under a Trump Administration"

Skadden, Arps, Slate, Meagher & Flom LLP on 11/14/2016

Election Day brought an end to a long period of uncertainty that caused market fluctuations and delayed business planning decisions. As we navigate the post-election landscape, many questions remain regarding the potential...more

September 2016 Update on Significant DOT, FAA and Other Federal Agencies’ Aviation-Related Regulatory Actions

Cozen O'Connor on 9/26/2016

This edition of the Cozen O’Connor Aviation Regulatory Update discusses DOT’s selection of carriers to operate U.S.-Havana and U.S.-Tokyo (Haneda) air services, the FAA’s implementation of its small unmanned aircraft...more

Rules of the (International) Road, Brexit, PPP as a New Tool for Argentina, and Keeping Non-U.S. Companies Safe from Suit (Expect...

Carlton Fields on 8/26/2016

- Post-Daimler: Are Non-U.S. Companies Safe from Suit in U.S. Courts? What if the Non-U.S. Parent Registers to Do Business in a State? - Rules of the (International) Road: Choosing and Appointing a Distributor ...more

Changes in Cuba May Impact the Insurance Industry

Carlton Fields on 8/24/2016

While much remains to be determined, the recent easing of U.S. restrictions on travel to and trade with Cuba may bring opportunities for U.S. and global insurance companies. However, many questions and obstacles remain. This...more

Sanctions Updates: Iran, Myanmar (Burma) and Cuba

The Volkov Law Group on 7/8/2016

With the rise of OFAC Sanctions enforcement and compliance issues, companies have to devote significant resources to following changes in OFAC Sanctions. Over the last few years, the US government has significantly altered...more

FCPA Compliance and Ethics Report-Episode 259-Dani Perez on business in Cuba

Thomas Fox - Compliance Evangelist on 6/14/2016

In this episode, I visit with Dani Perez on his experiences on doing business in Cuba. ...more

Top Five Reasons Why You Should File For Trademark Protection In Cuba

Foley Hoag LLP - Making Your Mark on 5/3/2016

As the U.S. and Cuba progress towards normalizing trade relations, many U.S. companies are contemplating whether it makes sense to do business in Cuba. While some companies already plan to enter the Cuban market, others have...more

Doing Business in Cuba Under the FCPA – Part II

Thomas Fox - Compliance Evangelist on 4/5/2016

Today, I continue my exploration of doing business in Cuba from the Foreign Corrupt Practices Act (FCPA) perspective. Yesterday, I made clear that anyone you do business with in Cuba is going to be a foreign official under...more

Doing Business in Cuba Under the FCPA – Part I

Thomas Fox - Compliance Evangelist on 4/4/2016

I am back from a week of cultural and professional exchange in Cuba. It had been a lifelong dream of mine to go to Cuba and I hopped on the first trip I could enroll in after the travel for cultural exchanges were opened up...more

Easy Come, Easy Go: Latest Developments in US Sanctions

Bryan Cave Leighton Paisner on 3/21/2016

Making regular updates to policies and procedures related to international trade compliance has always been an important aspect of ensuring their effectiveness, and particularly in light of the myriad changes to various U.S....more

Recent Changes to the Trade Embargo May Facilitate Cuban Baseball Players Being Able to Legally Play for MLB Teams

Shumaker, Loop & Kendrick, LLP on 3/21/2016

Last week, President Obama authorized the elimination of a ban on Cuban access to the international banking system, which in turn would allow a Cuban national to make a living in the United States without requiring that...more

Cuba: The Risks and Rewards for U.S. Businesses

Carlton Fields on 2/23/2016

Background - Last week, the Obama Administration announced that the President intends to visit Cuba next month. He will find a political mixed bag of optimism and resignation. American businesses will find an equally...more

What Cuba Wants From Investors

Bilzin Sumberg on 2/22/2016

American investors have made their way into Cuba. Just this week, the U.S. Treasury Department has approved the first significant U.S. business investment in Cuba since 1959: the Oggun tractor factory. This plant represents a...more

Key Export Compliance Issues For 2016

Williams Mullen on 2/11/2016

The following are a number of important strategic issues to be considered in the export compliance area for the new year. 1. Recent Country Amendments – New Obligations and New Opportunities. There have been export...more

Today's Popular Updates › Cuba

"My best business intelligence, in one easy email…"