NEW OFAC VENEZUELAN SANCTIONS ORDER AND FAQ

On 1st November, OFAC issued a news release advising of an additional Executive Order blocking property of additional persons contributing to the situation in Venezuela.  It also announced 2 new FAQ connected to the new Order, which it says is designed to counter rampant corruption within the Government of Venezuela, which continues to exacerbate the economic and humanitarian crises afflicting the Venezuelan people.  No names have been published yet.

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20181101.aspx

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s