OFAC Venezuela general license analysis

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

LicenseGL 45
OFAC titleAuthorising the Wind Down of Transactions Involving Venezuelan Gold-Sector Entities
Coveragemining, gold, wind-down
StatusTime-limited (typically 30-90 days from designation)
OFAC listing dateCheck current OFAC text
Last checked2026-06-29 20:55 UTC
SourceCaracas Research entry

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.

Get notified when OFAC licenses change

General licenses issued, amended, or revoked — delivered within hours of publication.

Free. Unsubscribe anytime.

Latest analysis

Recent investor briefings on OFAC Venezuela-program actions, license activity, and enforcement signals.