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BIS/OFAC Walk Back Obama Era Cuba Travel Regulatory Reforms

With simultaneous FINAL RULES scheduled to be published in tomorrow’s (June 5th, 2019) Federal Register, both OFAC and BIS will, effective tomorrow, be rescinding liberalization of travel rules that were enacted in the waning days of the Obama Administration. Specifically, with regard to BIS, tomorrow’s final rule amends license exception AVS (temporary sojourn of aircraft, vessels and spacecraft) effectively removing use of this license exception for passenger and recreational vessels from making temporary sojourn to Cuba. Under the new rule, AWS will no longer apply for cruise lines (and many aircraft as well) and BIS licenses for cruises will be subject to a presumption of denial (sorry, looks like no […]

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