OFAC FAQ (Current) # 629 - Executive Order "Blocking Property of Additional Persons Contributing to the Situation in Venezuela" (PDF contains all versions)

Date issued: Feb. 02 2024

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (528 words)

Note: FAQ amended on 10-18-23 to add "This FAQ is superseded by FAQ 5 in the FAQ document published on October 18, 2023" (i.e. Frequently Asked Questions Related to the Suspension of Certain U.S. Sanctions with Respect to Venezuela on October 18, 2023 - # 5). FAQ amended again on 2-2-24 to revert back to the pre-10-18-23 state of affairs in light of the decision to replace Venezuela GL 43 (authorizing transactions with the Venezuelan government gold company Minerven) with Venezuela GL 43A (allowing the wind down of transactions with the Venezuelan government gold company Minerven).

---

Notes:

1) This FAQ was posted/written prior to the blocking of the Government of Venezuela pursuant to EO 13884, and prior to the designation of PdVSA pursuant to...