Small Business Rule Changes — Wednesday, February 1, 2023

Vol. 1 · No. 188 — Wednesday, February 1, 2023

Small business rule changes: 5 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Wednesday, February 1, 2023. Scanned 5 source documents matching small-business terms; 5 warranted a closer look.

Compliance checklist How to read the Register

Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General License 5F and Subsequent Iterations

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 5F, 5G, 5H, 5I, and 5J, each of which was previously made available on OFAC's website.

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General Licenses 6, 10, 11, and Subsequent Iterations

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 6, 6A, 10, 10A, and 11, each of which was previously made available on OFAC's website.

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General Licenses 14, 15, and Subsequent Iterations

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 14, 15, 15A, 15B, and 15C, each of which was previously made available on OFAC's website.

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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Federal Trade Commission· Notice

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension

SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (“PRA”), the Federal Trade Commission (“FTC” or “Commission”) is seeking public comment on its proposal to extend for an additional three years the Office of Management and Budget (“OMB”) clearance for information collection requirements in its Trade…

Owner check — Save the source link and verify whether this changes costs, compliance, financing, vendors, customers, or operations.

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Department of the Treasury· Notice

Notice of OFAC Sanctions Actions

SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were…

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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