OFAC Venezuela General License 53
Summary
The Office of Foreign Assets Control (OFAC) has issued Venezuela-related General License 53, titled 'Official Missions of the Government of Venezuela to the United States.' This license authorizes specific activities related to official Venezuelan missions in the US.
What changed
OFAC has issued Venezuela-related General License 53, titled 'Official Missions of the Government of Venezuela to the United States.' This new license provides specific authorization for certain transactions and activities related to official Venezuelan government missions located within the United States, superseding or clarifying previous restrictions.
Entities involved in transactions with official Venezuelan missions in the US must review the terms of General License 53 to ensure compliance. This guidance is effective immediately and outlines the permissible scope of activities. Failure to adhere to the license's provisions may result in OFAC enforcement actions.
What to do next
- Review Venezuela-related General License 53 for applicability to your operations.
- Ensure all transactions involving official Venezuelan missions in the US comply with the terms of GL 53.
Source document (simplified)
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Issuance of Venezuela-related General License
03/24/2026 The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 53, "Official Missions of the Government of Venezuela to the United States."
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