Search Results for keywords:"entities and subentities"

Found 2 results

Search Results: keywords:"entities and subentities"

💰 Only
Oldest Newest
  • 2021-00061 — Updating the State Department's List of Entities and Subentities Associated With Cuba (Cuba Restricted List) Updated Publication of List of Entities and Subentities; Notice
    Type:Notice
    Citation:86 FR 1561
    Reading Time:about 15 minutes

    The Department of State announced an update to its Cuba Restricted List, which includes entities and subentities in Cuba with which financial transactions are discouraged, as they might benefit the Cuban military or government at the expense of the Cuban people. This update, which took effect on January 8, 2021, includes one additional subentity and is part of ongoing measures outlined in a 2017 policy directive to strengthen U.S. policy towards Cuba. More information about the updated list can be found on the State Department's website.

    Simple Explanation

    The State Department made a list of places and businesses in Cuba where U.S. people aren't supposed to spend money because it might help the Cuban government instead of the people. They added one more place to the list on January 8, 2021.

  • 2025-02282 — Publishing the State Department's List of Entities and Subentities Associated With Cuba (Cuba Restricted List)
    Type:Notice
    Citation:90 FR 9101
    Reading Time:about 12 minutes

    The U.S. Department of State has published a list of entities and subentities associated with Cuba, known as the "Cuba Restricted List." This list includes organizations connected to the Cuban military, intelligence, or security services, with which direct financial transactions are generally prohibited due to Cuban Assets Control Regulations (CACR). Transactions with these entities are seen as disproportionately benefiting the Cuban government while impacting its people and private enterprises negatively. The list is available on the State Department's website and will be updated periodically.

    Simple Explanation

    The U.S. Department of State has made a list of groups and companies in Cuba that Americans aren't allowed to send money to or do business with because they help the Cuban government in ways the U.S. doesn't like.