OFAC: COUNTER NARCOTICS SANCTIONS LIST DELETIONS AND NEW VENEZUELA SANCTIONS LICENCE

On 27 May, OFAC announced a number of removals from its sanctions lists.  It also announced General License 8J Authorising transactions involving Petróleos de Venezuela, S.A. (PdVSA) necessary for the limited maintenance of essential operations in Venezuela or the wind down of operations in Venezuela for certain entities.

https://home.treasury.gov/system/files/126/venezuela_gl8j.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220527

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

https://www.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

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

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