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GL-5Z

Active

Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After November 5, 2026

Informational only. This is reference data drawn from the U.S. Treasury OFAC publications. A real screening decision — with fuzzy matching, the 50% rule, monitoring, four-eyes review, audit trail, and reproducible list-version pinning — requires the platform. It is not a compliance determination.
Status
Active
Program
VENEZUELA-EO13850
Authorization
financial_servicing
Effective
2026-09-16
Expires
No stated expiry

Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.

Summary

General License No. 5Z authorizes all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond that would otherwise be prohibited by subsection l(a)(iii) of Executive Order 13835, as amended by E.O. 13857 and incorporated into the Venezuela Sanctions Regulations. This authorization takes effect on or after November 5, 2026. It replaces and supersedes General License No. 5Y in its entirety as of September 16, 2026. Any transactions otherwise prohibited by the VSR or other parts of 31 CFR chapter V remain unauthorized.

Authorized activities

  • Transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond
  • Provision of financing for the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond
  • Other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond

Conditions

This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V.

Read the official OFAC General License ↗

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