SUPPLEMENTARY INFORMATION:

Electronic Availability

This document and additional information concerning OFAC are available on OFAC's website: ofac.treasury.gov/​.

Background

On May 7, 2026, OFAC issued GL 1 to authorize certain transactions otherwise prohibited by Executive Order (E.O.) 14404 of May 1, 2026, “Imposing Sanctions on Those Responsible for Repression in Cuba and ( printed page 73140) for Threats to United States National Security and Foreign Policy (91 FR 25061, May 1, 2026). On September 30, 2026, OFAC incorporated the prohibitions of E.O. 14404 into the Cuba Sanctions Regulations, 31 CFR part 516. GL 1 was made available on OFAC's website ( ofac.treasury.gov) when it was issued. The text of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14404 of May 1, 2026

Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to United States National Security and Foreign Policy

GENERAL LICENSE NO. 1

Transactions Authorized Pursuant to the Cuban Assets Control Regulations

(a) Except as provided in paragraph (b) of this general license, all transactions prohibited by Executive Order 14404 are authorized to the extent such transactions are authorized or exempt under the Cuban Assets Control Regulations, 31 CFR part 515 (CACR), including transactions authorized by a general or specific license pursuant to the CACR.

(b) This general license does not authorize any transaction that is otherwise prohibited by 31 CFR Chapter V.

Dated: May 7, 2026.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

91 FR 73139