09 Mar 2015

New Venezuela-related Executive Order and OFAC Designations

The US Treasury Department announced that an Executive Order has been issued blocking property and placing travel restrictions on certain individuals.  Treasury Secretary Lew issued a statement in which he stated in his press release that the target of these designations are “those persons involved in violence against anti-government protesters, serious human rights abuses, and those involved in the arrest or prosecution of individuals for their legitimate exercise of free speech.”  (Source: The US  Department of the Treasury  Site)