meta_id 3605789

On October 16, 2026, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 60A, "Authorizing Transactions Related to Earthquake Relief Efforts in Venezuela." The license permits specified transactions in support of humanitarian relief activities following earthquake events in Venezuela. OFAC simultaneously issued an amended Frequently Asked Question, FAQ 1263, to provide guidance on the implementation and scope of the general license. The amendment clarifies the permissible activities and transaction parameters for entities seeking to conduct earthquake relief operations in Venezuela under the license framework. General License 60A operates within OFAC's existing Venezuela sanctions regime, which restricts financial and commercial transactions with Venezuela. The license creates a carve-out allowing humanitarian relief transactions that would otherwise be prohibited under sanctions restrictions. This authorization applies to transactions directly related to earthquake relief efforts, including the provision of humanitarian assistance, medical supplies, and emergency aid. Entities conducting transactions under General License 60A must ensure compliance with all applicable OFAC regulations and reporting requirements. The amended FAQ 1263 provides clarification on transaction documentation, eligible recipients, and prohibited activities within the scope of earthquake relief operations. OFAC maintains comprehensive sanctions lists, including the Specially Designated Nationals List (SDN List) and Consolidated Sanctions Lists, which identify individuals and entities subject to sanctions restrictions. All parties engaging in Venezuela-related transactions must screen counterparties against these lists to ensure compliance. The general license and amended FAQ are effective immediately and supersede any prior conflicting guidance. Organizations seeking additional clarification on compliance obligations may contact OFAC directly through its official channels.