OFAC Venezuela general license analysis

GL 4C: Authorizing Certain New Debt Transactions and Other Transactions Involving Certain Blocked Persons Related to the Exportation or Reexportation of Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates

Plain-English analysis of OFAC GL 4C for Venezuela: what the license covers, why it matters, source links, and related sanctions context.

License Details

LicenseGL 4C
OFAC titleAuthorizing Certain New Debt Transactions and Other Transactions Involving Certain Blocked Persons Related to the Exportation or Reexportation of Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates
Coveragedebt, telecom, humanitarian
StatusCheck current OFAC text
OFAC listing dateAugust 05, 2019
Last checked2026-06-29 20:55 UTC
SourceOFAC source

Plain-English Summary

Tracks OFAC authorization affecting Venezuelan debt, securities, bonds, or related settlement activity. Review the license text before trading, custody, or payment decisions.

AI-Assisted Analysis

GL 4C matters most for Venezuelan sovereign, PDVSA, or related securities exposure. Funds and banks should map the license text to trade date, custody, settlement, and beneficial-owner controls.

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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