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Unformatted text preview: disregard” for the regulations. ¶ “The apparent violations caused significant harm to U.S. sanctions program objectives regarding Cuba,” the Treasury Department said in announcing the settlement.¶ The Treasury Department said American Express continued to book travel to and from Cuba for many of its corporate clients following the 2010 disclosure of the violations. The department said the company also never implemented the remedial measures it pledged to implement after the 1995 and 1996 investigation .¶ American Express is one of the largest travel service providers for authorized Cuba travel, according to the Treasury Department.¶ U.S. citizens are prohibited from traveling to Cuba as tourists, though they can travel for religious, educational or cultural visits if granted a specific license by the Treasury Department. So called “peopletopeople” travel was reinstated by the Obama administration in 2011.
Asset control regulations prove no rapprochement now Hamm ‘13 (Cath...
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This note was uploaded on 10/27/2013 for the course DEBATE 101 taught by Professor None during the Summer '12 term at University of California, Berkeley.
- Summer '12