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OFAC updates Venezuela General License 5 (and its FAQ)

General License 5 is the one that permits dealing in PdVSA’s 8.5% Bond… only on or after a certain date. The new date – in GL 5H – is January 21, 2022. The old date? October 21, 2021

And the corresponding Frequently Asked Question (FAQ) was updated.

Links:

OFAC Notice

General License 5H

Updated FAQ 595

Categories: Frequently Asked Questions (FAQ) Guidance Licenses OFAC Updates Venezuela sanctions

eric9to5

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