The Department of the Treasury's Office of Foreign Assets Control (OFAC) published four general licenses (GLs 47-50) under the Venezuela Sanctions Regulations in the Federal Register on May 7, 2026. These licenses, previously available on OFAC's website, authorize categories of transactions otherwise prohibited under US Venezuela sanctions. Publication formalizes their official notice and provides binding public reference.

Review Snapshot

Scope: VE / OFAC Sanctions
Question: Does this source change alter exposure, timing, or review priority for VE / OFAC Sanctions?
Next move: Open the linked Policy Path, confirm adjacent records, and save the scope if this question repeats.

What Changed

Event type: Sanctions General License
Restriction: Export · Sanctions
Target countries: VE

Legal / Policy Context

Legal basis

Venezuela Sanctions Regulations (31 C.F.R. Part 591)International Emergency Economic Powers Act (IEEPA)National Emergencies Act (50 U.S.C. 1601 et seq.)

Policy instruments

OFAC Sanctions

Practical Takeaways

Use Paths to see adjacent source records, countries, and instruments before escalating this as a standalone change.

Source Trail

Federal RegisterPrimary briefing source

Open source