Treasury Department, Foreign Assets Control Office
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing three Venezuela-related general licenses in the Federal Register: General Licenses 5 and 5A, which have been superseded, and General License 5B, each of which was previously issued on OFAC's website.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of Foreign Assets Control 31 CFR Part 591 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of General Licenses. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing three Venezuela-related general licenses in the Federal Register: General Licenses 5 and 5A, which have been superseded, and General License 5B, each of which was previously issued on OFAC's website. DATES: General License 5B was issued on January 17, 2020 and the authorizations in such General License will be effective April 22, 2020. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 202-622-4855; or Assistant Director for Sanctions Compliance & Evaluation, 202-622-2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC's website ( www.treasury.gov/​ofac ). ( printed page 14573) Background On March 8, 2015, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act ( 50 U.S.C. 1701-1706 ), issued Executive Order (E.O.) 13692 (“Blocking Property and Suspending Entry of Certain Persons Contributing to the Situation in Venezuela”) ( 80 FR 12747 , March 11, 2015) ( E.O. 13692 ). In E.O. 13692 , the President found that the situation in Venezuela, including the Government of Venezuela's erosion of h…
Citation: 85 FR 14572
