SOR/2017-20420179
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20254
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SPECIAL ECONOMIC MEASURES ACTSpecial Economic Measures (Venezuela) RegulationsP.C.2017-119620179
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His Excellency the Governor General in Council, on the recommendation of the Minister of Foreign Affairs, pursuant to subsections 4(1) to (3) of the Special Economic Measures Acta, makes the annexed Special Economic Measures (Venezuela) Regulations for the purpose of implementing the decision of the Association Concerning the Situation in Venezuela made on September 5, 2017.S.C. 1992, c. 17Interpretation
DefinitionsThe following definitions apply in these Regulations.Minister means the Minister of Foreign Affairs. (ministre)Venezuela means the Bolivarian Republic of Venezuela and includesany of its political subdivisions;its government and any of its departments or any government or department of its political subdivisions; andany of its agencies or any agency of its political subdivisions. (Venezuela)
List
Listed personA person whose name is listed in the schedule is a person who is in Venezuela, or is or was a national of Venezuela who does not ordinarily reside in Canada, and in respect of whom the Governor in Council, on the recommendation of the Minister, is satisfied that there are reasonable grounds to believe isa person who has engaged in activities that directly or indirectly undermine the peace, security or stability of Venezuela or the integrity of its democratic institutions;a person who has engaged in activities that directly or indirectly contribute to or support gross and systematic human rights violations in Venezuela;a person who has engaged in activities that directly or indirectly contribute to acts of significant corruption in Venezuela;a current or former senior official in the Government of Venezuela;a current or former member of the Constituent National Assembly of Venezuela;an associate or family member of a person referred to in any of paragraphs (a) to (c);an entity owned — or held or controlled, directly or indirectly — by a person referred to in any of paragraphs (a) to (d); ora current or former senior official of an entity referred to in paragraph (e).SOR/2023-175, s. 7SOR/2024-264, s. 1
Prohibitions
Prohibited dealings and activitiesIt is prohibited for any person in Canada or any Canadian outside Canada todeal in any property, wherever situated, that is owned — or that is held or controlled, directly or indirectly — by a listed person;enter into or facilitate any transaction related to a dealing referred to in paragraph (a);provide any financial or related services in respect of a dealing referred to in paragraph (a);make available any goods, wherever situated, to a listed person or to a person acting on behalf of a listed person; orprovide any financial or related services to or for the benefit of a listed person.SOR/2024-264, s. 2
Non-applicationSection 3 does not apply in respect ofany payment made by or on behalf of a listed person that is due under a contract entered into before the person became a listed person, provided that the payment is not made to a listed person or to a person acting on behalf of a listed person;any transactions necessary for a Canadian to transfer to a non-listed person any accounts, funds or investments of a Canadian held by a listed person on the day on which that person became a listed person;any dealings with a listed person required with respect to loan repayments made to any person in Canada, or any Canadian outside Canada, for loans entered into with any person other than a listed person, and for enforcement and realization of security in respect of those loans, or payments by guarantors guaranteeing those loans;any dealings with a listed person required with respect to loan repayments made to any person in Canada, or any Canadian outside Canada, for loans entered into with a listed person before that person became a listed person, and for enforcement and realization of security in respect of those loans, or payments by guarantors guaranteeing those loans;any benefit paid under the Old Age Security Act, the Canada Pension Plan or an Act respecting the Québec Pension Plan, CQLR, c. R-9, any superannuation, pension or benefit paid under or in respect of any retirement savings plan or under any retirement plan, any amount paid under or in respect of the Garnishment, Attachment and Pension Diversion Act or the Pension Benefits Division Act, and any other payment made in respect of disability to any person in Canada or any Canadian outside Canada;financial services required in order for a listed person to obtain legal services in Canada with respect to the application of any of the prohibitions set out in these Regulations;any transaction in respect of any account at a financial institution held by a diplomatic mission, if the transaction is required in order for the mission to fulfill its diplomatic functions as set out in Article 3 of the Vienna Convention on Diplomatic Relations or, if the diplomatic mission has been temporarily or permanently recalled, when the transaction is required in order to maintain the mission premises;any transaction with any international organization with diplomatic status, with any United Nations agency, with the International Red Cross and Red Crescent Movement, or with any entity that has entered into a grant or contribution agreement with the Department of Foreign Affairs, Trade and Development; anda transaction by the Government of Canada that is provided for in any agreement or arrangement between Canada and Venezuela.
Assisting in a prohibited activityIt is prohibited for any person in Canada or any Canadian outside Canada to knowingly do anything that causes, facilitates or assists in, or is intended to cause, facilitate or assist in, any activity prohibited by section 3.SOR/2019-61, s. 23
Duty to determineThe following entities must determine on a continuing basis whether they are in possession or control of property that is owned — or that is held or controlled, directly or indirectly — by a listed person:authorized foreign banks, as defined in section 2 of the Bank Act, in respect of their business in Canada, and banks regulated by that Act;cooperative credit societies, savings and credit unions and caisses populaires regulated by a provincial Act and associations regulated by the Cooperative Credit Associations Act;foreign companies, as defined in subsection 2(1) of the Insurance Companies Act, in respect of their insurance business in Canada;companies, provincial companies and societies, as those terms are defined in subsection 2(1) of the Insurance Companies Act;fraternal benefit societies regulated by a provincial Act in respect of their insurance activities and insurance companies and other entities regulated by a provincial Act that are engaged in the business of insuring risks;companies regulated by the Trust and Loan Companies Act;trust companies regulated by a provincial Act;loan companies regulated by a provincial Act;entities that engage in any business described in paragraph 5(h) of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act if the business involves the opening of an account for a client; andentities authorized under provincial legislation to engage in the business of dealing in securities or to provide portfolio management or investment counselling services.SOR/2019-61, s. 23SOR/2024-264, s. 3
Duty to disclose — RCMP or CSISEvery person in Canada, every Canadian outside Canada and every entity set out in section 6 must disclose without delay to the Commissioner of the Royal Canadian Mounted Police or to the Director of the Canadian Security Intelligence Servicethe existence of property in their possession or control that they have reason to believe is owned — or held or controlled, directly or indirectly — by a listed person; andany information about a transaction or proposed transaction in respect of property referred to in paragraph (a).ImmunityNo proceedings under the Special Economic Measures Act and no civil proceedings lie against a person for a disclosure made in good faith under subsection (1).SOR/2019-61, s. 24SOR/2024-264, s. 4
Applications
Application to no longer be a listed personA listed person may apply to the Minister in writing to have their name removed from the schedule.Reasonable groundsOn receipt of an application, the Minister must decide whether there are reasonable grounds to recommend to the Governor in Council that the applicant’s name be removed from the schedule.SOR/2019-61, s. 25(F)
New applicationIf there has been a material change in circumstances since the last application was submitted, a person may submit another application under section 8.
Mistaken identityA person whose name is the same as or similar to the name of a listed person and who claims not to be that person may apply to the Minister in writing for a certificate stating that they are not that listed person.Determination by MinisterWithin 30 days after receiving the application, the Minister must,if it is established that the applicant is not the listed person, issue the certificate; orif it is not so established, provide notice to the applicant of his or her determination.
Application Before Publication
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply according to their terms before they are published in the Canada Gazette.
Coming into Force
These Regulations come into force on the day on which they are registered.
(Section 2 and subsections 8(1) and (2))PersonsNicolás MADURO MOROSTibisay LUCENA RAMÍREZElías José JAUA MILANOTareck Zaidan EL AISSAMI MADDAHTarek Willians SAAB HALABINéstor Luis REVEROL TORRESRoy Antonio María CHADERTON MATOSMaría Iris VARELA RANGELPedro Miguel CARREÑO ESCOBARDiosdado CABELLO RONDÓNSusana Virginia BARREIROS RODRÍGUEZFreddy Alirio BERNAL ROSALESDelcy Eloína RODRÍGUEZ GÓMEZTania D’AMELIO CARDIETAristóbulo ISTÚRIZ ALMEIDAJorge Jesús RODRÍGUEZ GÓMEZFrancisco José AMELIACH ORTACarlos Alfredo PÉREZ AMPUEDASergio José RIVERO MARCANOJesús Rafael SUÁREZ CHOURIOCarmen Teresa MELÉNDEZ RIVASBladimir Humberto LUGO ARMASGustavo Enrique GONZÁLEZ LÓPEZElvis Eduardo HIDROBO AMOROSORemigio CEBALLOS ICHASOAntonio José BENAVIDES TORRESHermann Eduardo ESCARRÁ MALAVÉSandra OBLITAS RUZZASocorro Elizabeth HERNÁNDEZ HERNÁNDEZMaikel José MORENO PÉREZGladys María GUTIÉRREZ ALVARADOJuan José MENDOZA JOVERLuis Fernando DAMIANI BUSTILLOSLourdes Benicia SUÁREZ ANDERSONCarmen Auxiliadora ZULETA DE MERCHÁNArcadio de Jesús DELGADO ROSALESCalixto Antonio ORTEGA RÍOSAndrés Eloy MÉNDEZ GONZÁLEZManuel Enrique GALINDO BALLESTEROSVladimir PADRINO LÓPEZTania Valentina DÍAZ GONZÁLEZFidel Ernesto VÁSQUEZ IRIARTECarolys Helena PÉREZ GONZÁLEZCilia Adela FLORES DE MADUROErika del Valle FARÍAS PEÑARamón Darío VIVAS VELASCOChristian TYRONE ZERPAFanny Beatriz MÁRQUEZ CORDEROMalaquías Gil RODRÍGUEZIndira Maira ALFONZO IZAGUIRREJhannett María MADRIZ SOTILLOCarlos Enrique QUINTERO CUEVASXavier Antonio MORENO REYESCarlos Alberto ROTONDARO COVAManuel Gregorio BERNAL MARTÍNEZIván Rafael HERNÁNDEZ DALA[Repealed, SOR/2019-263, s. 1]Hildemaro José RODRÍGUEZ MÚCURARafael Enrique BASTARDO MENDOZAJosé Miguel DOMÍNGUEZ RAMÍREZCristian Abelardo MORALES ZAMBRANOFranklin GARCÍA DUQUERichard Jesús LÓPEZ VARGASJosé Miguel MONTOYA RODRÍGUEZGiuseppe Alessandro Martín Alessandrello CIMADEVILLAJosé Adelino ORNELAS FERREIRACarlos Augusto Leal TELLERÍAJorge Alberto ARREAZA MONTSERRATKatherine Nayarith HARRINGTON PADRÓNReinaldo Enrique MUÑOZ PEDROZAAlfredo RUIZ ANGULOLarry Devoe MÁRQUEZNelson Reinaldo LEPAJE SALAZARCarlos Erik MALPICA FLORESManuel Ángel FERNÁNDEZ MELÉNDEZFranco SILVA AVILAJorge Elieser MÁRQUEZ MONSALVEJosé RIVASLuis Eduardo ORTEGA MORALESSimón Alejandro ZERPA DELGADOManuel Salvador QUEVEDO FERNÁNDEZVíctor Hugo CANO PACHECOAdrián Antonio PERDOMO MATAJusto José NOGUERA PIETRIGladys REQUENAEduardo PIÑATEEarle HERRERAMaría Alejandra DÍAZMarco Antonio MEDINABárbara Gabriela CÉSAR SIEROInocencio FIGUEROAMaría Carolina AMELIACH VILLARROELEulalia GUERRERO RIVEROOmar José PRIETO FERNÁNDEZRamón Alonso CARRIZALEZ RENGIFOJorge Luis GARCÍA CARNEIRORafael Alejandro LACAVA EVANGELISTACaryslia Beatriz RODRIGUEZ RODRIGUEZ (born on July 16, 1967)Juan Carlos HIDALGO PANDARES (born on October 20, 1961)Rosalba GIL PACHECO (born on March 18, 1965)Edward Miguel BRICEÑO CISNEROS (born on March 11, 1986)Luis Ernesto DUEÑEZ REYES (born on August 20, 1988)Dinorah Yoselin BUSTAMANTE PUERTA (born on January 14, 1975)Farik Karin SALCEDO MORADomingo Antonio HERNANDEZ LAREZ (born on March 9, 1965)Asdrubal Jose BRITO HERNANDEZ (born on January 6, 1974)Elio Ramon ESTRADA PAREDES (born on December 2, 1966)Johan Alexander HERNANDEZ LAREZ (born on January 30, 1971)Alexander Enrique GRANKO ARTEAGA (born on March 25, 1981)Rafael Ramón BLANCO MARRERO (born on February 28, 1968)Hannover Esteban GUERRERO MIJARES (born on January 14, 1971)Rafael Antonio FRANCO QUINTERO (born on October 14, 1973)Ruben Dario SANTIAGO SERVIGNA (born on December 23, 1972)Miguel Antonio MUÑOZ PALACIOS (born on July 12, 1964)Alexis Jose RODRIGUEZ CABELLO (born on October 1, 1965)Javier Jose MARCANO TABATA (born on March 10, 1969)Douglas Arnoldo RICO GONZALEZ (born on July 15, 1965 or September 28, 1969)Carlos Enrique TERÁN HURTADOCarlos Alberto CALDERON CHIRINOS (born on July 3, 1970)Florencio Ramón ESCALONA (born on October 27, 1962)Leonel Alberto GARCÍA RIVAS (born on May 24, 1983)Ronny Fernando GONZÁLEZ MONTESINOS (born on May 14, 1974)Manuel Enrique CASTILLO RENGIFO (born on November 24, 1969)Jose Ramon FIGUERA VALDEZ (born October 13, 1974)SOR/2018-114, s. 1SOR/2019-106, s. 1SOR/2019-263, s. 1SOR/2024-264, s. 5SOR/2025-1, s. 1SOR/2025-112, s. 1RELATED PROVISIONS — SOR/2018-114, s. 2
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply before they are published in the Canada Gazette.
 — SOR/2019-61, s. 26
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply according to their terms before they are published in the Canada Gazette.
 — SOR/2019-106, s. 2
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply before they are published in the Canada Gazette.
 — SOR/2019-263, s. 2
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply before they are published in the Canada Gazette.
 — SOR/2024-264, s. 6
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply according to their terms before they are published in the Canada Gazette.
 — SOR/2025-1, s. 2
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply according to their terms before they are published in the Canada Gazette.
 — SOR/2025-112, s. 2
For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply according to their terms before they are published in the Canada Gazette.
SOR/2025-1122025-03-20SOR/2025-12025-01-09SOR/2024-2642024-12-13SOR/2023-1752023-08-04SOR/2019-2632019-06-25SOR/2019-1062019-04-15SOR/2019-612019-03-04