12 Aug 2025
🇨🇺New Regulations Impacting U.S. Businesses in Cuba
Reissuance of and Amendments to National Security Presidential Memorandum 5 on Strengthening the Policy of the United States Toward Cuba
Summary
This memorandum reissues and amends National Security Presidential Memorandum 5, focusing on strengthening U.S. policy toward Cuba through financial transaction restrictions, supporting human rights and democracy, and ensuring that U.S. interests align with engagement policies relating to Cuba's government and populace.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The memorandum outlines significant regulatory changes affecting financial transactions with Cuba, aimed at supporting the Cuban people while restricting benefits to the Cuban government and military. This affects compliance requirements for businesses involved in trade or financial services related to Cuba.