OFACSanctions / OFACSeptember 30, 2026

OFAC Formally Publishes Eight Updated Venezuela Sanctions General Licenses

OFAC has formally published eight updated general licenses under the Venezuela Sanctions Regulations (GLs 46D, 47B, 48C, 50C, 51C, 52B, 54B, and 61A), each of which supersedes a prior version and was previously available only on OFAC's website. Compliance officers with Venezuela sanctions exposure should confirm their programs reflect these updated versions rather than older superseded licenses. Using an outdated GL as the basis for a transaction could expose an institution to sanctions liability.

What to do

Cross-check your Venezuela sanctions general license inventory against the newly published updated versions (46D, 47B, 48C, 50C, 51C, 52B, 54B, 61A) and replace any superseded license references in your compliance procedures and transaction authorization records.

Who this affects

Bank / Credit UnionPayments CompanyMoney Services BusinessCrypto ExchangeFintech / NeobankCrypto Custodian

Does this affect your program?

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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