License Details
LicenseGL 42
OFAC titleVenezuela General License 42
Coveragelegal
StatusOpen-ended / settlement-conditional
SourceLive OFAC scrape
Plain-English Summary
Allows discrete legal-settlement-related transactions involving the Government of Venezuela that would otherwise be blocked.
AI-Assisted Analysis
GL 42 is a Venezuela-related OFAC authorization. The live OFAC listing confirms the license exists, while the official text controls the exact conditions, exclusions, and expiration.
- Amendments, extensions, or replacement license numbers
- Counterparty limits involving PdVSA, Venezuelan state entities, or blocked persons
- Wind-down dates, reporting requirements, and payment restrictions
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.