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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Related Federal Register Documents
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