Executive Order
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Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy
AI Summary:
This regulation imposes sanctions on individuals and entities responsible for repression in Cuba and for threats to United States national security and foreign policy, building upon a prior national emergency declaration. It blocks all property and interests in property within the United States belonging to foreign persons determined by the Secretary of State or Treasury to be involved in specific sectors of the Cuban economy, to be owned or controlled by the Cuban government or sanctioned individuals, to have materially assisted the Cuban government, to be officials of the Cuban government or sanctioned entities, to be instrumentalities of the Cuban government, to be responsible for human rights abuses or corruption in Cuba, or to be adult family members of designated individuals. The regulation also suspends the entry of such individuals into the United States, with exceptions for national interest, and authorizes the Secretary of the Treasury to impose sanctions on foreign financial institutions that facilitate significant transactions for sanctioned persons, including prohibiting correspondent accounts and blocking their U.S. property. The International Emergency Economic Powers Act (IEEPA) and the National Emergencies Act (NEA) are cited as authorities for these actions.