Guidance

Financial sanctions, Venezuela

Venezuela is currently subject to EU regulations.

Documents

Details

Sanctions

Venezuela is subject to financial sanctions imposed by the EU. You can view Council Regulation (EU) 2017/2063 on restrictive measures in Venezuela online.

Implementation date

These sanctions were introduced on 13 November 2017.

Context

The EU introduced this sanctions regime because of:

  • serious human rights violations / abuses
  • actions, policies and activities that undermine democracy or the rule of law in Venezuela.

EU regulations

You can view Council Regulation (EU) 2017/2063 on restrictive measures in Venezuela online. You can find the most recent amendments to the Regulation by searching on EUR-Lex – an online database that provides free access to EU law, international agreements and other public documents. Just:

  • enter the Regulation number into the search bar
  • open the relevant page and
  • click ‘document information’

UK regulations

Published 15 November 2017
Last updated 8 November 2018 + show all updates
  1. Updated with 'latest HM Treasury Notice 08/11/2018. Venezuela (Reg 2018/1653)'.
  2. Updated with latest HM Treasury Notice 26/06/2018, Venezuela (Reg 2018.899).
  3. Updated with latest HM Treasury notice, 01/03/2018, Venezuela (correction)
  4. Updated with Current list of designated persons: Venezuela and Latest HM Treasury notice, 22/01/2018), Venezuela (Reg 2018/88)
  5. Included link to UK regulations
  6. First published.