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.
Release Date
09/02/2026
Recent Actions Body
On July 1, 2026, the Office of Foreign Assets Control (OFAC) issued a recent actions notice , reminding U.S. persons holding blocked property as of June 30, 2026, to file an Annual Report of Blocked Property (ARBP) no later than September 30, 2026. Failure to file the ARBP by September 30 may lead to an enforcement referral. For additional information, please review OFAC's Guidance on Filing the 2026 Annual Report of Blocked Property . Additionally, OFAC is issuing Venezuela-related General License 51D , "Authorizing Certain Activities Involving Venezuelan-Origin Coal or Minerals, Including Gold;" Venezuela-related General License 54C , "Authorizing the Supply of Certain Items and Services for Coal or Minerals Operations in Venezuela;" and Venezuela-related General License 55A , "Authorizing Negotiations of and Entry Into Contingent Contracts for Certain Investment in Venezuela's Coal or Minerals Sectors." Lastly, OFAC has amended one Venezuela-related Frequently Asked Question, FAQ 1247 .
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