OFAC Removes Guaido References From Venezuela License
The Office of Foreign Assets Control this week issued Venezuela-related General License 31B, which replaces General License 31A (see 2101040025), authorizes U.S. persons to engage in transactions otherwise prohibited by sanctions involving the Venezuelan National Assembly seated on Jan. 5,…
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2016, and associated entities and people. The new license removes a reference to Venezuelan opposition leader Juan Guaido, since he was ousted by the opposition party's National Assembly last month. OFAC also amended five frequently asked questions related to the license and the Venezeula sanctions.