Collection

UK sanctions on Venezuela

This page provides guidance on the UK’s sanctions regime on Venezuela, if the UK leaves the EU without a deal.

Published 31 January 2019
Last updated 1 February 2019 — see all updates

• From: Foreign & Commonwealth Office, Export Control Joint Unit, and Office of Financial Sanctions Implementation

Leaving the EU with a deal remains the government’s top priority. This has not changed. However a responsible government must plan for every eventuality, including a no deal scenario.

The UK currently implements EU and UN sanctions through EU legislation and related UK regulations.

The information on this page applies after EU exit if the UK leaves the EU without a deal. It will be updated if a deal is agreed.

The Venezuela sanctions regime

The Venezuela (Sanctions) (EU Exit) Regulations 2019 are intended to ensure that certain financial, trade and immigration sanctions relating to Venezuela, which are currently in force in the UK under EU legislation and related UK regulations, continue to operate effectively after the UK leaves the EU.

This sanctions regime is aimed at encouraging the government of Venezuela to respect democratic principles, to comply with international human rights law and to respect human rights. When these regulations come into force they will replace, with substantially the same effect, relevant existing EU legislation and related UK regulations.

Find out more about other UK sanctions regimes if the UK leaves the EU without a deal.

Contact details

• further information on financial sanctions: contact the Office of Financial Sanctions Implementation OFSI@hmtreasury.gov.uk or subscribe to the Office of Financial Sanctions Implementation’s e-alerts
• further information on trade sanctions: contact the Export Control Joint Unit Helpline on 020 7215 4594 or email exportcontrol.help@trade.gov.uk or subscribe to the Export Control Joint Unit’s notices to exporters
• further information on transport sanctions: contact the Department for Transport: sanctions.enquiries@dft.gov.uk
• general information on sanctions: contact the Foreign and Commonwealth Office’s Sanctions Unit sanctions@fco.gov.uk

Documents

The Venezuela (Sanctions) (EU Exit) Regulations 2019

An explanatory memorandum accompanies the regulations, providing further information on their provisions.

Section 2(4) of the Sanctions and Anti-Money Laundering Act 2018: report

Section 18 of the Sanctions and Anti-Money Laundering Act 2018 in relation to criminal offences: report

1. Venezuela sanctions: guidance
   • 31 January 2019
   • Statutory guidance
2. Interception and monitoring prohibitions in sanctions: technical guidance
   • 20 February 2019
   • Guidance
3. Post EU Exit: Financial sanctions - General Guidance
   • 1 February 2019
   • Guidance

Published 31 January 2019
Last updated 1 February 2019 + show all updates

1. 1 February 2019 added financial sanctions guidance
2. 31 January 2019 First published.