Publication of Venezuela Sanctions Regulations Web General License 60

Issuing agencies

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL 60, which was previously made available on OFAC's website.

Full Text

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<title>Federal Register, Volume 91 Issue 196 (Tuesday, October 13, 2026)</title>
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[Federal Register Volume 91, Number 196 (Tuesday, October 13, 2026)]
[Rules and Regulations]
[Pages 64758-64759]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-20831]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General 
License 60

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a general license (GL) issued pursuant to 
the Venezuela Sanctions Regulations: GL 60, which was previously made 
available on OFAC's website.

DATES: GL 60 was issued on June 25, 2026. See SUPPLEMENTARY INFORMATION 
for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Regulatory Affairs, 202-622-4855; or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: <a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>.

Background

    On June 25, 2026, OFAC issued GL 60 to authorize certain 
transactions otherwise prohibited by the Venezuela Sanctions 
Regulations, 31 CFR part 591. GL 60 has an expiration date of October 
23, 2026. This GL was made available on OFAC's website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>) when it was issued. The text of this GL is provided 
below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 60

Authorizing Transactions Related to Earthquake Relief Efforts in 
Venezuela

    (a) Except as provided in paragraph (b) of this general license, 
all transactions related to earthquake relief efforts in Venezuela that 
would otherwise be prohibited by the Venezuela Sanctions Regulations, 
31

[[Page 64759]]

CFR part 591 (VSR), are authorized through 12:01 a.m. eastern daylight 
time, October 23, 2026.
    Note 1 to paragraph (a). The authorization in paragraph (a) of this 
general license includes the processing or transfer of funds on behalf 
of third-country persons to or from Venezuela in support of the 
transactions authorized by paragraph (a) of this general license. U.S. 
financial institutions and U.S. registered money transmitters may rely 
on the originator of a funds transfer with regard to compliance with 
paragraph (a) of this general license, provided that the financial 
institution does not know or have reason to know that the funds 
transfer is not in compliance with paragraph (a) of this general 
license.
    (b) This general license does not authorize:
    (1) The unblocking of any property blocked pursuant to the VSR; or
    (2) Any other transactions or activities prohibited by any other 
Executive order or by any part of 31 CFR chapter V not referenced in 
this general license.
    Note 2 to General License 60. Nothing in this general license 
relieves any person from compliance with any other Federal laws or 
requirements of other Federal agencies.

Bradley T. Smith
Director, Office of Foreign Assets Control.

    Dated: June 25, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-20831 Filed 10-9-26; 8:45 am]
BILLING CODE 4810-AL-P


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