Venezuela sanctions
General License 5 authorizes transactions in PdVSA’s 2020 8.5% bond – after a certain date. Version 5G pushes that date out to October 21st. And the relevant Frequently Asked Question (595) was updated to reflect the change. Links: OFAC Notice General License 5G FAQ 595
Yesterday afternoon, OFAC issued a new Venezuela-related General License 40, “Authorizing Certain Transactions Involving the Exportation or Reexportation of Liquefied Petroleum Gas to Venezuela”: Links: OFAC Notice General License 40
And there were a bunch of new Frequently Asked Questions (FAQs): Links: OFAC Notice Syria General License 21 Venezuela General License 39 Iran General License N New FAQs – 906, 907, 908, 909, 910, 911
The exemptions for Chevron, Halliburton, Schlumberger, Baker Hughes and Weatherford now expire December 1st. Links: OFAC Notice General License 8H
Today, OFAC removed the following 4 Italian firms: AMG S.A.S. DI ALESSANDRO BAZZONI & C. (a.k.a. AMG S.A.S. DI ALESSANDRO BAZZONI AND C.; a.k.a. AMG S.A.S. DI ALESSANDRO BAZZONI E C.), Via Sottomonte 5, Verona 37124, Italy; V.A.T. Number IT02483560237 (Italy) [VENEZUELA-EO13850]. AMG S.A.S. DI ALESSANDRO BAZZONI E C. (a.k.a. AMG […]
Today, Swiss authorities added the following 19 individuals: SSID: 290-44371 Name: Remigio Ceballos Ichaso Sex: M DOB: 1 May 1963 Identification document: ID card No. V-6557495, Venezuela Justification: Commander of the Operational and Strategic Command of the Bolivarian National Armed Forces of Venezuela (Comando Estratégico Operacional Fuerzas Armadas Nacionales Bolivarianas […]
Venezuela: head of mission to the EU declared persona non grata On the initiative of the High Representative of the Union for Foreign Affairs and Security Policy, the Council today agreed that the head of the Mission of the Bolivarian Republic of Venezuela to the European Union be declared persona non […]
Venezuela: 19 officials added to the EU sanctions list The Council today added 19 leading Venezuelan officials to the list of those subject to restrictive measures, due to their role in acts and decisions undermining democracy and the rule of law in the country, or as a result of serious human rights […]
OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 C.F.R. Part 591 GENERAL LICENSE NO. 30A Authorizing Certain Transactions Necessary to Port and Airport Operations (a) Except as provided in paragraph (c) of this general license, all transactions and activities involving the Government of Venezuela prohibited by Executive Order (E.O.) […]
Today, on January 19th, the U.S. Department of State designated Ansarallah as a Foreign Terrorist Organization under section 219 of the Immigration and Nationality Act, as amended, and as a Specially Designated Global Terrorist under Executive Order (E.O.) 13224, as amended and have been added to the Specially Designated Nationals […]
