By The Data Nerd, Founder & Compliance Engineer ·
OFAC-Sanctioned Entities in Venezuela
Program: Venezuela Sanctions Regulations (VSR), EO 13808, EO 13827, EO 13835, EO 13884
Designations: ~200 SDN designations
Venezuela faces comprehensive sectoral sanctions targeting the oil sector, gold sector, and Maduro government. Sanctions intensified in 2019 with full government-blocking sanctions.
Notable sanctioned entities
PDVSA, Central Bank of Venezuela, Maduro government officials, CITGO (sanctioned parent)
Screen counterparties linked to Venezuela (free, no API key)
curl "https://sanctionsai.dev/sanctions?country=venezuela"Free tier: 5 checks/day by IP. Real OFAC SDN data, refreshed daily.
What this means for your AI agent
- Pre-transaction screening required: Every counterparty linked to Venezuela must be screened against the OFAC SDN list before payment.
- Strict liability: Even unintentional transactions with sanctioned Venezuela entities incur penalties of $356,571 per violation.
- Audit trail: Log every screening with timestamp, subject, result, and list version for compliance evidence.
- Enhanced due diligence: Counterparties with Venezuela nexus require documented screening and risk assessment.
Penalties
OFAC civil penalties: $356,571 per violation or twice the transaction value, whichever is greater. Each payment to a sanctioned Venezuela entity is a separate violation. Willful violations carry up to $20 million and 30 years imprisonment.
Frequently asked questions
Are all transactions with Venezuela prohibited?
Not all — but specific entities are. Venezuela faces comprehensive sectoral sanctions targeting the oil sector, gold sector, and Maduro government. Sanctions intensified in 2019 with full government-blocking sanctions. Screen every counterparty against the OFAC SDN list before transacting.
How many Venezuela entities are sanctioned?
Approximately ~200 SDN designations under the Venezuela Sanctions Regulations program. Use sanctionsai.dev to check any counterparty in real time.
What is the penalty for violating sanctions on this country?
$356,571 per violation or twice the transaction value (civil); $20 million and 30 years (criminal, willful violations).
How do I screen for sanctioned entities?
Use the sanctionsai.dev API: GET /sanctions?name=&wallet=&country= returns matches with confidence scores in under 100ms.