U.S. tightens Cuba sanctions once again

New Treasury Department regulations will limit remittances to Cuba to no more than $4,000 per year per person. Treasury’s Office of Foreign Asset Control, or OFAC, enforces U.S. sanctions against Cuba. The new rules , scheduled to be published on Sept. 9, state: OFAC is amending § 515.570(a), which authorizes family remittances, to place a … Read more