Venezuela-Related Sanctions: U.S. and EU Developments and Compliance Challenges

La Revue Trimestrielle de Droit Financier

Since 2014, the U.S. and EU have imposed increasingly hardened sanctions on Venezuela. To comply with these sanctions regimes, companies must first determine whether the transaction in question contains a jurisdictional nexus to the U.S. or EU and whether a sanctioned party is involved.