Small Business Rule Changes — Thursday, February 16, 2023

Vol. 1 · No. 199 — Thursday, February 16, 2023

Small business rule changes: 2 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Thursday, February 16, 2023. Scanned 2 source documents matching small-business terms; 2 warranted a closer look.

Compliance checklist How to read the Register

Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General Licenses 23, 24, 25, 26, 27, and 28

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing six general licenses (GLs) issued in the Venezuela Sanctions program: GLs 23, 24, 25, 26, 27, and 28, 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· 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.

Read full text →PDF