GL 31B: Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons
Plain-English analysis of OFAC GL 31B for Venezuela: what the license covers, why it matters, source links, and related sanctions context.
License Details
Plain-English Summary
Tracks an OFAC general license for Venezuela-related transactions. Use the internal analysis to understand the likely context, then confirm details in the official OFAC text.
AI-Assisted Analysis
GL 31B is a Venezuela-related OFAC authorization. It should be read as a narrow permission for the transactions described in the official text, not as broad sanctions relief for dealings with blocked Venezuelan parties.
Internal Context
Track related updates in the Venezuela sanctions tracker, compare active licenses in the general-license directory, and screen counterparties with the OFAC Venezuela sanctions checker.
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Get notified when OFAC licenses change
General licenses issued, amended, or revoked — delivered within hours of publication.
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