OFAC has issued General Licence 31A, effective from 4 January 2021, which replaces and supersedes GL 31 in its entirety. It authorises US persons to engage in certain transactions that are otherwise prohibited by E.O. 13884 involving the IV Venezuelan National Assembly, its Delegated Commission including members and staff, Juan Guaidó, the Interim President of Venezuela, and certain other people appointed by Mr Guaidó.
The licence does not authorise any transaction or activity involving the Venezuelan National Constituent Assembly convened by Nicolas Maduro or the National Assembly, including their members or staff, or transactions with any Government of Venezuela person/entity that is listed under the Venezuela Sanctions Regulations. See updated FAQ and Notice.
Source: US Treasury
