OFAC Venezuela general license analysis

GL 58: Venezuela General License 58

Plain-English analysis of OFAC GL 58 for Venezuela: what the license covers, why it matters, source links, and related sanctions context.

License Details

LicenseGL 58
OFAC titleVenezuela General License 58
Coveragedebt
StatusCheck current OFAC text
SourceLive OFAC scrape

Plain-English Summary

OFAC's public listing provides the license title and source document. This page tracks the license and routes readers to the official text for the operative terms.

AI-Assisted Analysis

GL 58 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.

  • 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.

Latest analysis

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