On November 5, 2026, the U.S. Office of Foreign Assets Control published a determination under section 2(a)(i)(A) of Executive Order 14404 and updated the Specially Designated Nationals and Blocked Persons List. US banks and payment firms that clear dollar payments, US exporters and distributors of electronics, industrial equipment and technology that can reach Cuba, shipowners, charterers and marine insurers moving cargo linked to Cuban-flag tankers or Caroil, and compliance teams at firms that bank or insure Cambodian, Hong Kong or BVI companies in the Prince Group network must immediately screen the November 5, 2026 SDN additions and updates, block property of those persons and of entities they own 50 percent or more, and map Cuba electronics, manufacturing, marine and technology counterparties, or a US person that deals in the property of a newly blocked person must reject the transaction and block the property, with OFAC civil penalties under IEEPA attaching without intent.
The same release adds 7 individuals and 47 entities, lists 2 Cuban-flag tankers, and rewrites 5 existing SDN entries. Program tags on the new names are TCO (linked to the Prince Group Transnational Criminal Organization), CYBER4, and CUBA-EO14404. The determination takes effect on November 5, 2026 and names the electronics, manufacturing, marine, and technology sectors of the Cuban economy. The OFAC recent action of November 5, 2026 is the list, and the signed determination is the sector text.
What did OFAC add to the SDN List on November 5, 2026?
OFAC added named persons and vessels and retagged five entries already on the list, rather than issuing a general license or a new regulation.
| Tag | What the November 5, 2026 update did |
|---|---|
| TCO | 4 individuals and 41 entities linked to the Prince Group Transnational Criminal Organization |
| CYBER4 | Kok Wa Chui (Malaysia, Antananarivo) |
| CUBA-EO14404, new | 2 individuals, 6 entities (CUBAELECTRONICA, TECNOSIME, PETROMARCA, Internacional Maritima SA, Beijing H and C Technologies, Tentacool Commercial Inc), tankers Emilia (IMO 9242209) and Gloria C (IMO 9540273) |
| CUBA-EO14404, updates | Caroil Transport Marine Ltd, CEIEC, Maria Cristina (ex Carlota C, IMO 9502453), Esperanza (IMO 9289166), Lourdes (ex Giralt, IMO 9259692) |
Which sectors does the E.O. 14404 determination cover?
On November 5, 2026, OFAC published a determination pursuant to section 2(a)(i)(A) of Executive Order 14404 covering the electronics, manufacturing, marine, and technology sectors of the Cuban economy. The determination is a basis for designating a foreign person who operates in those sectors. It is not an automatic block of every firm in them.
The determination does not name every company in those sectors. The SDN additions of the same day are the persons already determined, and further foreign persons operating in those sectors can be designated under the same section. On this update, CUBAELECTRONICA, TECNOSIME, PETROMARCA, Internacional Maritima SA and the listed tankers are the Cuban-sector names already blocked.
Who must block property immediately, and under which rule?
US persons, and transactions that touch the US financial system, must treat every new SDN and every entity those SDNs own 50 percent or more, in the aggregate, as blocked. The 50 Percent Rule treats any entity owned 50 percent or more, in the aggregate, by one or more blocked persons as itself blocked, even when that entity is not named on the SDN List.
Banks and payment firms that clear dollar payments interdict the new names and affiliates they own 50 percent or more. Exporters of electronics, industrial equipment and technology that can reach Cuba clear counterparties in the four sectors, including Beijing H and C Technologies and CEIEC. Shipowners, charterers and marine insurers clear Emilia, Gloria C, Maria Cristina, Esperanza, Lourdes and Caroil. Firms that bank or insure Cambodian, Hong Kong or BVI companies in the Prince Group network clear the 41 new TCO entities, including those linked to Chen Bo, Pang Visal, Qiu Yong, He Yujing, Dai An and Li Thet.
In the United States trade-compliance register, Obsidian tracks 9 regulatory texts, in force, amended or in preparation, as of November 2026.
What follows if a US person deals in the blocked property?
A US person that deals in the property of a blocked person must reject the transaction and block the property. OFAC civil penalties under IEEPA attach without a requirement to prove intent. This release states no new penalty schedule and no general license for the new names. A voluntary self-disclosure can reduce a penalty under 31 CFR Part 501 Appendix A.
- Reload the SDN file dated November 5, 2026, including the 7 individuals, 47 entities, 2 new vessels and 5 updated entries.
- Apply the 50 percent ownership test to affiliates of the new TCO, CYBER4 and CUBA-EO14404 names.
- Reject payments, shipments, charters and cover touching the named tankers, Caroil, CUBAELECTRONICA, TECNOSIME, PETROMARCA or CEIEC.
- Map counterparties in the four Cuban sectors that section 2(a)(i)(A) can still reach.
Per-jurisdiction monitoring surfaces an OFAC list reload and a sector determination in the same release.
Verify whether any customer, vessel, bank or insurer matches a November 5, 2026 name or a 50 percent affiliate, block or reject the match, and brief sanctions and treasury leads on the four Cuban sectors section 2(a)(i)(A) can reach.
