OFAC FAQ (Current) # 1267 - Venezuela Sanctions

Date issued: Aug. 27 2026

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TURBOFAC Commentary (60 words)

Notes:

1) See GLs referenced in the FAQ, and comments thereto. Prior to 8-27-26, there was a provision requiting all contracts with blocked persons to be such that “the terms of the contract be construed and interpreted in accordance with the laws of a state or other jurisdiction within the United States”. This is no longer the case.