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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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On April 14, 2026, the Department of the Treasury&#8217;s Office of Foreign Assets Control (OFAC) issued two general licenses in the continuing relaxation of certain sanctions involving Venezuela.&#160; These new general licenses authorize certain commercial and banking transactions in the country. Venezuela General License 56, “Authorizing Commercial-Related Negotiations of Contingent Contracts with the Government of... <a href="https://www.thompsonhinesmartrade.com/2026/04/ofac-issues-general-licenses-authorizing-venezuelan-certain-commercial-and-banking-transactions/">Continue Reading</a>

core/freeform

SmarTrade

Senior Legislative and Regulatory Policy Advisor

Scott E. Diamond

Partner

Francesca M.S. Guerrero

Samir D. Varma

Associate

Aaron C. Mandelbaum

OFAC Issues General Licenses Authorizing Certain Venezuelan Commercial and Banking Transactions