Publication of Venezuela Sanctions Regulations Web General License 60
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 60, whic...
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 60, which was previously made available on OFAC's website.
DATES:
GL 60 was issued on June 25, 2026. See
SUPPLEMENTARY INFORMATION
for additional relevant dates.
This document and additional information concerning OFAC are available on OFAC's website:
ofac.treasury.gov/.
Background
On June 25, 2026, OFAC issued GL 60 to authorize certain transactions otherwise prohibited by the Venezuela Sanctions Regulations, 31 CFR part 591. GL 60 has an expiration date of October 23, 2026. This GL was made available on OFAC's website (
ofac.treasury.gov) when it was issued. The text of this GL is provided below.
Authorizing Transactions Related to Earthquake Relief Efforts in Venezuela
(a) Except as provided in paragraph (b) of this general license, all transactions related to earthquake relief efforts in Venezuela that would otherwise be prohibited by the Venezuela Sanctions Regulations, 31
( printed page 64759)
CFR part 591 (VSR), are authorized through 12:01 a.m. eastern daylight time, October 23, 2026.
Note 1 to paragraph (a).
The authorization in paragraph (a) of this general license includes the processing or transfer of funds on behalf of third-country persons to or from Venezuela in support of the transactions authorized by paragraph (a) of this general license. U.S. financial institutions and U.S. registered money transmitters may rely on the originator of a funds transfer with regard to compliance with paragraph (a) of this general license, provided that the financial institution does not know or have reason to know that the funds transfer is not in compliance with paragraph (a) of this general license.
(b) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to the VSR; or
(2) Any other transactions or activities prohibited by any other Executive order or by any part of 31 CFR chapter V not referenced in this general license.
Note 2 to General License 60.
Nothing in this general license relieves any person from compliance with any other Federal laws or requirements of other Federal agencies.
Use this for formal legal and research references to the published document.
91 FR 64758
Web Citation
Suggested Web Citation
Use this when citing the archival web version of the document.
“Publication of Venezuela Sanctions Regulations Web General License 60,” thefederalregister.org (October 13, 2026), https://thefederalregister.org/documents/2026-20831/publication-of-venezuela-sanctions-regulations-web-general-license-60.
ofac.treasury.gov/contact-ofac
31 CFR part 591