US IMPOSES SANCTIONS TARGETING VENEZUELA’S GOLD SECTOR AND CORRUPTION

On 2^nd November, White & Case published an article detailing the effect of a new Executive Order “Blocking Property of Additional Persons Contributing to the Situation in Venezuela” with effect from 1^st November.  It imposes blocking sanctions on persons operating in the gold sector of the Venezuelan economy, as well as persons determined to be involved in deceptive practices or corruption in transactions involving the Government of Venezuela.

https://www.whitecase.com/publications/alert/us-imposes-sanctions-targeting-venezuelas-gold-sector-and-corruption

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 View all posts by raytodd2017