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Rule · OFAC · 2 Feb 2026 · 20260202

Issuance of Venezuela-related General License 5U and Amended FAQ 595

sanctions

The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License 5U to authorize certain transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after March 20, 2026. OFAC simultaneously released an amended version of Frequently Asked Question 595 to provide updated guidance on Venezuela-related sanctions. These actions modify the regulatory framework governing specific financial dealings with Venezuelan state-owned enterprises.

US FederalOffice of Foreign Assets Control

Release Date

02/02/2026

Recent Actions Body

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5U , "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After March 20, 2026. Additionally, OFAC is also issuing amended Venezuela-related Frequently Asked Question ( FAQ 595 ).

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