On 21st May, the US Treasury advised that President Trump has signed a new Executive Order which prohibits certain transactions with Venezuela. The transactions affected included dealings such as –
- the purchase of any debt owed to the Government of Venezuela (including accounts receivable);
- in any debt owed to the Government of Venezuela that is pledged as collateral after the effective date of this order (including accounts receivable);
- in the sale, transfer, assignment or pledging as collateral by the Government of Venezuela of any equity interest in any entity in which the Government has a holding of 50% or more
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/venezuela_eo_20180521.pdf
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