On February 13, 2026, as part of an ongoing series of sanctions-easing measures following the capture of Venezuelan President Nicolás Maduro in January 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued two general licenses authorizing certain activities related to operations in Venezuela’s oil and gas sector. As further detailed below, OFAC General License No. 49 (“GL 49”) authorizes US persons to negotiate and enter into contingent contracts for certain…
On 9 February 2026, the UK Office of Financial Sanctions Implementation (“OFSI”) published updated financial sanctions enforcement and…
This week, the US relaxation of sanctions against Venezuela’s oil and gas sector entered a new phase with…
On February 3, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued new…
On 28 January 2026, OFSI announced (see here) strengthened multi agency efforts to counter the abuse of cryptoassets…
On January 29, 2026, President Trump signed Executive Order 14380, “Addressing Threats To the United States by the…
As summarized in our recent blog post, in response to recent threat of tariffs over the Greenland issue,…