Rule · OFAC · 5 May 2026 · 20260505
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License 58 on May 5, 2026. This license authorizes certain services provided to the Government of Venezuela specifically in connection with potential debt restructuring. The action facilitates necessary financial and administrative support for ongoing debt negotiations.
Release Date
05/05/2026
Recent Actions Body
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 58 , "Authorizing Certain Services to the Government of Venezuela in Connection with Potential Debt Restructuring."
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“On May 5, 2026, OFAC issued GL 58 to authorize certain transactions otherwise prohibited by the VSR.”
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