New US Venezuela “new debt” FAQs

OFAC has published 2 new Venezuela-related FAQs, which give guidance on the debt-related prohibitions in Executive Order (E.O.) 13808. The new FAQs relate to the term “new debt” in section 1 of E.O. 13808 and to the receipt of late payments from the Government of Venezuela, including state-owned oil company Petroleos de Venezuela, S.A. (PdVSA)….

This content is only available to subscribers.
Log In Subscribe

VenezuelaVenezuela United StatesUnited States

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

See profile for Michael O'Kane >