By Maya Lester KC & Michael O’Kane

OFAC renews Venezuela-related General Licence for 5 US entities

OFAC has issued Venezuela-related General Licence (GL) 8H which replaces and supersedes GL 8G in its entirety and extends the GL expiry to 1 December 2021. See previous post. It authorises 5 gas and oil companies and their subsidiaries to engage in transactions that are otherwise prohibited by Executive Order (E.O.) 13850, as amended by E.O. 13857, or E.O. 13884. …

VenezuelaVenezuela United StatesUnited States

About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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