GL 45: Authorising the Wind Down of Transactions Involving Venezuelan Gold-Sector Entities
Plain-English analysis of OFAC GL 45 for Venezuela: what the license covers, why it matters, source links, and related sanctions context.
License Details
Plain-English Summary
Permits a limited wind-down period for transactions involving newly designated gold-sector entities, ensuring orderly counterparty exit rather than an immediate freeze.
AI-Assisted Analysis
GL 45 appears tied to a narrow wind-down or sector-specific sanctions permission. The practical issue is usually timing: what activity remains authorized, and when the authorization ends.
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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