2026-20012: Publication of Venezuela Sanctions Regulations Web General License 5W
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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.
The agency’s own summary, as published.
The rule, in full
411 words as published, September 30, 2026. View the original →
Federal Register, Volume 91 Issue 188 (Wednesday, September 30, 2026) [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 GL 5W replaced and superseded GL 5V.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
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
Documents
- Full text (Federal Register) · September 30, 2026
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