Issuance of Amended Venezuela-related General Licenses; Amendments to Existing Venezuela-related Frequently Asked Questions

U.S. Department of the Treasury sent this bulletin at 03/08/2019 09:44 AM EST

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Issuance of Amended Venezuela-related General Licenses; Amendments to Existing Venezuela-related Frequently Asked Questions.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 3D, "Authorizing Transactions Related to, Provisions of Financing for, and Other Dealings in Certain Bonds," and General License 9C, "Authorizing Transactions Related to Dealings in Certain Securities." OFAC is extending the expiration date of provisions relating to the wind down of certain financial contracts or other agreements involving, or linked to, the bonds listed on the Annex to General License 3D or to certain Petroleos de Venezuela, S.A. securities. Additionally, OFAC is issuing correspondingly updated FAQs 661 and 662.

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