OFAC Rescinds Sanctions Against Former Venezuelan Official

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Cadwalader, Wickersham & Taft LLP
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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
OFAC rescinded sanctions previously imposed on the former Director General of Venezuela's National Intelligence Service after he announced his support for the Venezuelan constitution and the National Assembly.
United States International Law
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OFAC rescinded sanctions previously imposed on the former Director General of Venezuela's National Intelligence Service (SEBIN) after he announced his support for the Venezuelan constitution and the National Assembly.

Manuel Ricardo Cristopher Figuera was removed from the Specially Designated Nationals and Blocked Persons List. All his property and interests in property were unblocked. OFAC's action follows repeated statements from U.S. officials in recent months that sanctions "need not be permanent" and are "intended to bring about positive behavior."

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OFAC Rescinds Sanctions Against Former Venezuelan Official

United States International Law
Contributor
Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
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