Venezuela sanctions
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 […]
This is an exception – this is not a limited time General License being renewed for another time period. Two important changes – first, the GL now authorizes transactions with a broader class of persons (it used to be just people appointed by Guaido): (b) Except as provided in paragraph […]
Today, OFAC sanctioned the following persons under the Venezuela-related program: CORNIELLES RUIZ, Lorena Carolina, Coche Miguel Otero Silva Vereda 80, Casa 3, Caracas, Venezuela; DOB 03 Jul 1988; nationality Venezuela; Gender Female; Cedula No. V-18967792 (Venezuela) (individual) [VENEZUELA]. TORRES ESPINOZA, Ramon Antonio, Castillejo Principal del Portico 0301, Guatire, Venezuela; DOB […]
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 5F, “Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July 21, 2021,” and is amending a related Frequently Asked Question (FAQ 595). In addition, OFAC is issuing Ukraine-related General […]
Friday afternoon, OFAC sanctioned the following 2 persons: MACHADO REQUENA, Marcos Javier, Caracas, Venezuela; DOB 18 Jun 1981; POB Venezuela; nationality Venezuela; Gender Male; Cedula No. V-15334084 (Venezuela); Passport 093061892 (Venezuela) expires 15 Feb 2021 (individual) [VENEZUELA] (Linked To: EX-CLE SOLUCIONES BIOMETRICAS C.A.). SAN AGUSTIN, Guillermo Carlos, Buenos Aires, Argentina; Caracas, Venezuela; DOB […]
The OFAC 50 Percent Rule, and whether or not it applies to the Chinese Military Companies program, of course. It’s a short way of saying, I have a new episode of Mr. Watchlist’s DesigNation – Mr. Watchlist’s Nightmare. Now, I’m experimenting here… hopefully, a little web player just appeared… if […]
OFAC added the following entity: CEIEC (Chinese Simplified: 中国电子进出口总公司) (a.k.a. CHINA NATIONAL ELECTRONIC IMPORT-EXPORT COMPANY; a.k.a. CHINA NATIONAL ELECTRONICS IMPORT AND EXPORT CORPORATION), Block A 6-23F, No. 17 Fuxing Road, Haidian District, Beijing 100036, China; Calle Orinoco, Torre Nordic, Piso 6, Las Mercedes, Caracas 1060, Venezuela; Website https://www.ceiec.com; Registration Number […]
On Friday, Swiss regulators updated the following individuals: SSID: 290-38374 Name: Néstor Luis Reverol Torres Sex: M DOB: 28 Oct 1964 Justification: Minister for Interior, Justice and Peace since 2016. Also appointed as Vice- President of Public Works and Services and Executive Secretary of the Electrical General Staff in Apr […]
OFAC replaced Venezuela General License 8F with 8G – the new deadline for authorized transactions is June 3, 2021. Remember, this is the GL which authorizes transactions for Chevron, Halliburton, Schlumberger, Baker Hughes and Weatherford International (and their subsidiaries, of course). Links: OFAC Notice General License 8G
Pursuant to Council Implementing Regulation (EU) 2020/1696, UK regulators today updated the following 16 individual designations: 1. REVEROL TORRES, Nestor Luis DOB: 28/10/1964. Position: (1) Minister for Interior, Justice and Peace since 2016 (2) Vice-President of Public Works and Services and Executive Secretary of the Electrical General Staff since April […]
