OFAC A1 TERRORISM & SANCTIONS MEDIUM RISK Published 16 Oct 2026 at 00:00 UTC, affecting US, VE

OFAC: Issuance of Amended Venezuela-related General License and Frequently Asked Question

OFAC has issued an amended Venezuela-related General License and updated its Frequently Asked Question, impacting sanctions compliance for entities dealing with Venezuela.

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What happened

OFAC has issued an amended Venezuela-related General License and updated its Frequently Asked Question, impacting sanctions compliance for entities dealing with Venezuela.

What compliance teams should check

  • Review the amended Venezuela-related General License
  • Update internal sanctions screening procedures
  • Consult the updated OFAC FAQ for compliance guidance
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