Bulwark
Sign inRequest access

Publication of Venezuela Sanctions Regulations Web General License 5W

Rule published September 30, 2026 · 91 FR 61771

Document number
FR Doc. 2026-20012
Type
Rule
Published
September 30, 2026
Citation
91 FR 61771 (page 61,771)
Action
Publication of a web general license.
Dates
GL 5W was issued on May 4, 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 a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 5W, 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 91, Number 188 (Wednesday, September 30, 2026)]
[Rules and Regulations]
[Page 61771]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-20012]



[[Page 61771]]

-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General
License 5W

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

-----------------------------------------------------------------------

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 5W, which was previously made
available on OFAC's website.

DATES: GL 5W was issued on May 4, 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 May 4, 2026, OFAC issued GL 5W to authorize certain transactions
otherwise prohibited by the Venezuela Sanctions Regulations, 31 CFR
part 591. GL 5W replaced and superseded GL 5V. 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. 5W

Authorizing Certain Transactions Related to the Petr[oacute]leos de
Venezuela, S.A. 2020 8.5 Percent Bond On or After June 19, 2026

    (a) Except as provided in paragraph (b) of this general license, on
or after June 19, 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 May 4, 2026, General License No. 5V, dated March 19,
2026, is replaced and superseded in its entirety by this General
License No. 5W.

Bradley T. Smith,
Director, Office of Foreign Assets Control.

    Dated: May 4, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-20012 Filed 9-29-26; 8:45 am]
BILLING CODE P

Search all of OFAC's Federal Register documents