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OFACSanctions / OFACSeptember 11, 2026

OFAC Formally Publishes Venezuela General Licenses 50A and 51A

OFAC has published General Licenses 50A and 51A under the Venezuela Sanctions Regulations in the Federal Register, following their earlier release on OFAC's website. These GLs may amend or supersede prior authorizations, and compliance officers need to confirm their Venezuela-related controls reflect the current versions. Given Venezuela's status as a comprehensively sanctioned jurisdiction, even minor GL updates can materially affect permissible activities.

What to do

  • Compare GLs 50A and 51A against any predecessor licenses and revise your sanctions compliance procedures, customer screening logic, and permissible transaction lists to reflect the latest authorizations.

Who this affects

Crypto ExchangeMoney Services BusinessPayments CompanyBank / Credit UnionFintech / 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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