RegAlert

Rule · OFAC · 3 Aug 2026 · 20260803

Issuance of Amended Venezuela-related General License and Frequently Asked Question

sanctions

General License No. 5Y authorizes all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after September 17, 2026, that would otherwise be prohibited by Executive Order 13835 as incorporated into the Venezuela Sanctions Regulations. This authorization applies specifically to the named bond and does not extend to any other transactions or activities prohibited by the Venezuela Sanctions Regulations or other parts of 31 CFR chapter V. General License No. 5Y replaces and supersedes General License No. 5X in its entirety, with this replacement becoming effective on August 3, 2026.

US FederalOffice of Foreign Assets Control

DEPARTMENT OF THE TREASURY
WASHINGTON, D.C.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 5Y
Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After September 17, 2026 (a) Except as provided in paragraph (b) of this general license, on or after September 17, 2026, all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond that would be prohibited by subsection l(a)(iii) of Executive Order (E.O.) 13835 of May 21, 2018, as amended by E.O. 13857 of January 25, 2019, and incorporated into the Venezuela Sanctions Regulations, 31 CFR
part 591 (the VSR), are authorized.
(b) This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V. (c) Effective August 3, 2026, General License No. 5X, dated June 18, 2026, is replaced and superseded in its entirety by this General License No. 5Y. _________________________ Bradley T. Smith Director Office of Foreign Assets Control Dated: August 3, 2026

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Lineage: Superseded

A newer document in RegAlert replaces this one.

Executive Order No. 13835 dated2018-05-21Not in RegAlertExecutive Order No. 13835 dated 2018-05-21 — Not in RegAlertExecutive Order No. 13857 dated2019-01-25Not in RegAlertExecutive Order No. 13857 dated 2019-01-25 — Not in RegAlertIssuance of AmendedVenezuela-related General Lic…2026-08-03 · this documentIssuance of Amended Venezuela-related General License and Frequently Asked Question (2026-08-03)General License No. 5Z:Authorizing Transactions Related …2026 · OFACGeneral License No. 5Z: Authorizing Transactions Related to Petróleos de Venezuela, S.A. 2020 Bond (2026-09-16)Mentions (1)a document that mentions itopen the list below the graph ▾Mentions (1): a document that mentions it without changing it — open the list below the graph
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (3)
Superseded by
Issued under
  • Executive Order No. 13835 dated 2018-05-21Not in RegAlert

    “subsection l(a)(iii) of Executive Order (E.O.) 13835 of May 21, 2018”

  • Executive Order No. 13857 dated 2019-01-25Not in RegAlert

    “as amended by E.O. 13857 of January 25, 2019”

Mentions (1): 1 document mentions this one without changing it
Referred to by

Timeline

Amended 1 time · last 2026-09-16

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