OFAC Venezuela general license analysis

GL 9G: Authorising Transactions Related to Dealings in Certain Securities

Plain-English analysis of OFAC GL 9G for Venezuela: what the license covers, why it matters, source links, and related sanctions context.

License Details

LicenseGL 9G
OFAC titleAuthorising Transactions Related to Dealings in Certain Securities
Coveragedebt, securities, secondary-market
StatusPeriodically reissued
SourceCurated Caracas Research entry

Plain-English Summary

Permits transactions in certain Venezuelan securities (debt or equity) that were issued prior to specified Executive Orders, subject to secondary market trading conditions.

AI-Assisted Analysis

GL 9G 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

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