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Publication of Venezuela Sanctions Regulations Web General License 5S

Rule published September 10, 2025 · 90 FR 43557

Document number
FR Doc. 2025-17392
Type
Rule
Published
September 10, 2025
Citation
90 FR 43557 (page 43,557)
Action
Publication of a web general license.
Dates
GL 5S was issued on June 20, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 5S, which was previously made available on OFAC's website.

Regulations cited

OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.

Executive orders cited

Text

As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.

[Federal Register Volume 90, Number 173 (Wednesday, September 10, 2025)]
[Rules and Regulations]
[Page 43557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-17392]



[[Page 43557]]

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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General
License 5S

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a general license (GL) issued pursuant to
the Venezuela Sanctions Regulations: GL 5S, which was previously made
available on OFAC's website.

DATES: GL 5S was issued on June 20, 2025. See SUPPLEMENTARY INFORMATION
for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov/.

Background

    On June 20, 2025, OFAC issued GL 5S to authorize certain
transactions otherwise prohibited by the Venezuela Sanctions
Regulations (VSR), 31 CFR part 591. GL 5S replaced and superseded GL
5R, which was issued on March 6, 2025. This GL was made available on
OFAC's website (https://ofac.treasury.gov) when it was issued. The text
of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 5S

Authorizing Certain Transactions Related to the Petr[oacute]leos de
Venezuela, S.A. 2020 8.5 Percent Bond on or After December 20, 2025

    (a) Except as provided in paragraph (b) of this general license, on
or after December 20, 2025, all transactions related to, the provision
of financing for, and other dealings in the Petr[oacute]leos de
Venezuela, S.A. 2020 8.5 Percent Bond that would be prohibited by
subsection l(a)(iii) of Executive Order (E.O.) 13835 of May 21, 2018,
as amended by E.O. 13857 of January 25, 2019, and incorporated into the
Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are
authorized.
    (b) This general license does not authorize any transactions or
activities otherwise prohibited by the VSR, or any other part of 31 CFR
chapter V.
    (c) Effective June 20, 2025, General License No. 5R, dated March 6,
2025, is replaced and superseded in its entirety by this General
License No. 5S.

Lisa M. Palluconi,

Acting Director, Office of Foreign Assets Control.

    Dated: June 20, 2025.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2025-17392 Filed 9-9-25; 8:45 am]
BILLING CODE 4810-AL-P

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