Thursday, January 27, 2011

New OFAC regs are out

Corruption Currents, a Wall Street Journal blog, reported today that a draft of the new Office of Foreign Assets Control, or OFAC, regulations are out. Download 37-page PDF.

The Obama administration had announced new Cuba-related travel rules on Jan. 14. The White House said it would, among other things:
Restore a general license category for any U.S. person to send remittances (up to $500 per quarter) to non-family members in Cuba to support private economic activity, among other purposes, subject to the limitation that they cannot be provided to senior Cuban government officials or senior members of the Cuban Communist Party.
I wondered how the U.S. government was going to define "government officials or senior members of the Cuban Communist Party."
Now I have my answer. Those individuals include:
§ 515.337 Prohibited officials of the Government of Cuba.

For purposes of this part, the term prohibited officials of the Government of Cuba means Ministers and Vice-ministers, members of the Council of State and the Council of Ministers; members and employees of the National Assembly of People's Power; members of any provincial assembly; local sector chiefs of the Committees for the Defense of the Revolution; Director Generals and sub-Director Generals and higher of all Cuban ministries and state agencies; employees of the Ministry of the Interior (MININT); employees of the Ministry of Defense (MINFAR); secretaries and first secretaries of the Confederation of Labor of Cuba (CTC) and its component unions; chief editors, editors, and deputy editors of Cuban state-run media organizations and programs, including newspapers, television, and radio; and members and employees of the Supreme Court (Tribuno Supremo Nacional).

§ 515.338 Prohibited members of the Cuban Communist Party.

For purposes of this part, the term prohibited members of the Cuban Communist Party means members of the Politburo, the Central Committee, Department Heads of the Central Committee, employees of the Central Committee, and secretaries and first secretaries of the provincial Party central committees.

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