On July 27, 2026, the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a statement (here) of enforcement policy committing not to take supervisory or enforcement action against US financial institutions under the Bank Secrecy
TPS and Humanitarian Parole Landscape Continues to Shift: Key Updates for Employers and Foreign Nationals
The landscape for Temporary Protected Status (TPS) and humanitarian parole continues to change rapidly, creating uncertainty for hundreds of thousands of foreign nationals and posing significant compliance challenges for U.S. employers.
New York court sets June 1 trial date for Venezuelan President Nicolás Maduro
Venezuelan President Nicolás Maduro and his wife Cilia Flores appeared in a Manhattan federal court Wednesday where Judge Alvin K. Hellerstein set a June 1, 2027 trial date at the request of lawyers for both the prosecution and the defense.
UN experts urge Venezuela to remove legal barriers to humanitarian aid
UN experts on Friday warned that the recent earthquakes in Venezuela have exacerbated its humanitarian and human rights crisis, and urged authorities to remove regulatory barriers to humanitarian aid and relief provided by non-profits and NGOs.
The UN called on
OFAC Continues Venezuela Sanctions Relief with Authorizations for Aircraft Safety, Earthquake Relief, and Easing of General License Governing Law Requirements
On June 18, 2026, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued General License (GL) 59, authorizing the provision of goods, technology, software, or services relating to aircraft of Venezuela’s state-owned airline, Consorcio Venezolano
Venezuela’s Oil Reform Efforts: New Opportunities, Unanswered Questions – U.S. Investor Perspective
Over the last several months, Venezuela’s interim government has moved swiftly to reopen the country’s oil sector to private investment, amending the Organic Hydrocarbons Law and enacting implementing regulations just last week. There is little doubt that the reformed law
That Sounds Familiar
For many years, this site has documented how much of the largeness of corporate Foreign Corrupt Practices Act enforcement has been the result of enforcement actions against companies located in countries that – like the U.S. – are also parties
Venezuela After the Earthquakes
Nach den Beben in Venezuela
Innerhalb von nur vierzig Sekunden erschütterten am 24. Juni 2026 zwei schwere Erdbeben der Stärken 7,2 und 7,5 Venezuela. Bis zum 2. Juli stieg die offizielle Zahl der Todesopfer auf über 2.295. Mehr als 38.600 Menschen gelten weiterhin als vermisst.
OFAC Issues General License for Earthquake Relief Efforts in Venezuela
On June 25, 2026, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued General License No. 60 (“GL 60”) to authorize transactions related to earthquake relief efforts that would otherwise be prohibited under the Venezuela Sanctions Regulations, 31