Baker McKenzie is pleased to invite you to our upcoming webinar on the evolving business and legal environment in Venezuela.Join our panel of leading lawyers from our offices in the United States and Venezuela. We are one of the few international law firms with an uninterrupted presence in Venezuela, having established our Caracas office 70 years ago.The discussion will cover: Our live, one-hour webinar will be held via Zoom on Friday, 16 January at 11 AM…
The validity period of the general license authorizing certain payments with the Russian Central Bank and others has been extended. Specifically, on January 6, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) reissued General License 13P (“GL 13P”), “Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024,” extending the validity period until 12:01 a.m. Eastern time on April 9, 2026. GL 13P authorizes US Persons to engage…
On December 18, 2025, President Trump signed into law the National Defense Authorization Act (“NDAA”) for Fiscal Year 2026 (P.L. 119-60). A must-pass piece of legislation that funds Department of Defense (“DoD”) operations on an annual basis, the NDAA is a frequent vehicle for trade-related provisions and legislative changes affecting DoD acquisition policies with direct implications for government contractors. The NDAA includes a number of provisions relating to US sanctions, investment security, and supply chain…
We are providing a brief update on the latest developments in the US sanctions targeting Venezuela: To date, the US Department of the Treasury’s Office of Foreign Assets Control has not published any regulatory changes, general licenses, or licensing policies on its website that change current US sanctions. We continue to closely monitor Venezuela sanctions developments and will provide updates on this blog. Please reach out to the authors or any member of our US…