Issuance of Venezuela-related General License 5F and Amended Frequently Asked Question; Issuance of Ukraine-related General Licenses 13P and 15J

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License 5F, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July 21, 2021," and is amending a related Frequently Asked Question (FAQ 595).

In addition, OFAC is issuing Ukraine-related General License No. 13P, "Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group" (this content is no longer available), and Ukraine-related General License 15J, "Authorizing Certain Activities Involving GAZ Group."