On January 8, 2019, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 6, which authorizes the winding down of certain specified transactions with Globovision Tele C.A. and Globovision Tele CA, Corp. until January 8, 2020. Additionally, OFAC issued new FAQs for General License 6, and also added several new individuals and entities to its Specially Designated Nationals and Blocked Persons (SDN) list.

This post is an except of our US-EU: Export Controls and Sanctions Update, January – March 2019.