Back to News
Federal RegisterFederal
Publication of Venezuela Sanctions Regulations Web General Licenses 48A and 49A
Plain English Summary
The U.S. Treasury Department has released two new general licenses related to sanctions on Venezuela, known as GL 48A and GL 49A. These licenses provide guidelines on what activities are allowed under the sanctions. Insurance agents should review these licenses to understand how they may impact their business dealings with Venezuela.
+View original text
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Venezuela Sanctions Regulations: GLs 48A and 49A, which were previously made available on OFAC's website.