Venezuela-related license and updated FAQ plus amendments
January 20, 2022
OFAC has posted a Notice of Recent Actions announcing:
- Issuance of Venezuela-related General License 5I, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After January 20, 2023."
- An update of related FAQ 595
- Amendments and reissuance of the Transnational Criminal Organizations Sanctions Regulations published at 87 FR 3217 on 1/21/2022, effective on publication
- An amendment to the definition of "applicable schedule amount," effective upon its Federal Register publication at 87 FR 3207 on 1/21/2022,
First published on 01/20/2022