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within International Law, Intellectual Property, Litigation and Mediation & Arbitration topic(s)
In particular, OFAC extended until March 31, 2020 the dates for
the Venezuela-related (i) General License No. 9F, which authorizes
transactions in certain securities, and (ii) General License No. 3G, which permits
transactions regarding dealings in certain bonds. As previously covered, OFAC expanded sanctions
against the "Government of Venezuela" to include
Petróleos de Venezuela, S.A. (PdVSA), the Venezuelan
state-owned oil and natural gas company, pursuant to Executive Order 13850.
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