The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is issuing regulations to implement the Venezuela Defense of
Human Rights and Civil Society Act of 2014 (Pub. L. 113-278) and Executive
Order 13692 of March 8, 2015 (“Blocking Property and Suspending Entry of
Certain Persons Contributing to the Situation in Venezuela”). OFAC intends to
supplement this part 591 with a more comprehensive set of regulations, which
may include additional interpretive and definitional guidance and additional
general licenses and statements of licensing policy. More…
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