OFAC Takes Aggressive Action Against Venezuela

On May 18, 2017, acting pursuant to Executive Order 13692, OFAC designated eight members of Venezuela’s Supreme Court of Justice for judicial decisions that allegedly “usurped the authority of Venezuela’s democratically-elected legislature.”

OFAC Issues FAQs on Delisting Petitions

On April 20, 2017, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Frequently Asked Questions (FAQs) regarding petitions for removal from OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List).