The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 5Z, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After November 5, 2026." OFAC is also issuing one amended Venezuela-related Frequently Asked Question, FAQ 595.
Additionally, OFAC has updated the Specially Designated Nationals and Blocked Persons List.
Specially Designated Nationals List Updates
The following deletions have been made to OFAC's SDN List:
VEGA SANCHEZ, Jose Raul, c/o AGRICOLA GAXIOLA S.A. DE C.V., Hermosillo, Sonora, Mexico; c/o INMUEBLES SIERRA VISTA S.A. DE C.V., Hermosillo, Sonora, Mexico; c/o TEMPLE DEL PITIC S.A. DE C.V., Hermosillo, Sonora, Mexico; DOB 19 Oct 1956; POB Cananea, Sonora, Mexico; nationality Mexico; citizen Mexico; C.U.R.P. VESR561019HSRGNL09 (Mexico); alt. C.U.R.P. VEXR561019HSRGXL05 (Mexico) (individual) [SDNTK].
BOMATTER, Hans Peter, La Zubia, Spain; DOB 19 May 1965; POB Schattdorf, Switzerland; nationality Switzerland; Gender Male; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Passport F3848406 (Switzerland) (individual) [RUSSIA-EO14024] (Linked To: TAMYNA AG).
MODULSAN MAKINA KESICI TAKIM VE DISLI SANAYI TICARET LIMITED SIRKETI, 1CA Blok, 1575. Sokak No. 1 CA/2, Akcaburgaz Mahallesi, Esenyurt 34522, Turkey; Website www.modulsan.com; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Organization Established Date 09 Oct 2006; Tax ID No. 3340494281 (Turkey); Identification Number 0334049428100019 (Turkey); Registration Number 602993 (Turkey) [RUSSIA-EO14024].
Unrelated Administrative List Changes:
None