OFAC issues 2 amended Venezuela-related general licences

OFAC has issued General Licence 3G, “authorising transactions related to, provision of financing for, and other dealings in certain bonds”, and General Licence 9F, “authorising transactions related to dealings in certain securities”, which replace and supersede 3F and 9E, respectively. The expiry date of the licences has been extended until 31 March 2020. OFAC Notice.

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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,...

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