Regulatory Alerts2026-09-02 | 20260902Added · Updated
Reminder to file the 2026 Annual Report of Blocked Property; Issuance of Amended Venezuela-related General Licenses and Frequently Asked Question
U.S. persons holding blocked property as of June 30, 2026, must file an Annual Report of Blocked Property by September 30, 2026, or face potential enforcement referral. The Office of Foreign Assets Control issued General License 51D authorizing activities involving Venezuelan-origin coal or minerals, General License 54C for supplying items and services for related operations, and General License 55A for negotiating contingent contracts for investments in these sectors. Additionally, OFAC amended Frequently Asked Question 1247 regarding Venezuela-related regulations.
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