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April 3, 2020: Venezuela General License 13 extended again

Issuance of Venezuela-related General License 13E

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License (GL) 13E, “Authorizing Certain Activities Involving Nynas AB.”  Nynas AB remains engaged with OFAC on a proposed corporate restructuring that could potentially result in significant changes to Nynas AB’s ownership and control.  OFAC is extending the expiration date of this GL until May 14, 2020 to afford additional time to complete this engagement.

Links:

OFAC Notice

Venezuela General License 13E

Categories: Licenses OFAC Updates Venezuela sanctions

eric9to5

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