2025-17392Rule

Treasury Formalizes Venezuela Sanctions License 5S for Clarity

Published Date: 9/10/2025

Rule

Summary

The Treasury’s OFAC just made General License 5S official for Venezuela sanctions, letting certain folks do specific business without breaking rules. This update affects companies and people dealing with Venezuela, clarifying what’s allowed and when. It’s all about keeping things clear and legal, so no surprises with money or timing!

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Venezuela Sanctions: GL5S Made Official

If you or your company do business with Venezuela, the Treasury’s Office of Foreign Assets Control (OFAC) has published General License 5S under the Venezuela Sanctions Regulations. The publication makes the license official (it was previously posted on OFAC’s website) and clarifies that certain transactions are authorized under that license.

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Key Dates

Published Date
9/10/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Foreign Assets Control Office
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