Publication of Venezuela Sanctions Regulations Web General Licenses 5U and 5V

Rule published June 10, 2026 · 91 FR 35142

Document number: FR Doc. 2026-11615
Type: Rule
Published: June 10, 2026
Citation: 91 FR 35142 (pages 35,142–35,143)
Action: Publication of web general licenses.
Dates: GL 5U was issued on February 2, 2026. 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 two general licenses (GLs) issued pursuant to the Venezuela Sanctions Regulations: GLs 5U and 5V, each of which was previously made available on OFAC's website.

Regulations cited

31 CFR part 591 (today: Venezuela Sanctions Regulations) · Other documents citing it · eCFR as of June 10, 2026

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

Executive orders cited

Executive Order 13857 · Other documents citing it

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 91, Number 111 (Wednesday, June 10, 2026)]
[Rules and Regulations]
[Pages 35142-35143]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-11615]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General
Licenses 5U and 5V

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two general licenses (GLs) issued pursuant
to the Venezuela Sanctions Regulations: GLs 5U and 5V, each of which
was previously made available on OFAC's website.

DATES: GL 5U was issued on February 2, 2026. 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 February 2, 2026, OFAC issued GL 5U to authorize certain
transactions otherwise prohibited by the Venezuela Sanctions
Regulations (VSR), 31 CFR part 591. GL 5U replaced and superseded GL
5T. On March 19, 2026, OFAC issued GL 5V, also to authorize certain
transactions otherwise prohibited by the VSR. GL 5V replaced and
superseded GL 5U. These GLs were made available on OFAC's website
(https://ofac.treasury.gov) when they were issued. The text of these
GLs is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 5U

Authorizing Certain Transactions Related to the Petr[oacute]leos de
Venezuela, S.A. 2020 8.5 Percent Bond on or After March 20, 2026

    (a) Except as provided in paragraph (b) of this general license, on
or after March 20, 2026, 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 February 2, 2026, General License No. 5T, dated
December 19, 2025, is replaced and superseded in its entirety by this
General License No. 5U.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

    Dated: February 2, 2026.

[[Page 35143]]

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 5V

Authorizing Certain Transactions Related to the Petr[oacute]leos de
Venezuela, S.A. 2020 8.5 Percent Bond on or After May 5, 2026

    (a) Except as provided in paragraph (b) of this general license, on
or after May 5, 2026, 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 March 19, 2026, General License No. 5U, dated
February 2, 2026, is replaced and superseded in its entirety by this
General License No. 5V.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

    Dated: March 19, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-11615 Filed 6-9-26; 8:45 am]
BILLING CODE 4810-AL-P

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