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In the midst of the political dispute for control of the National Assembly, the prospect of enacting game-changing labour laws for the year 2020 seems remote.

The Central Bank of Venezuela published Exchange Agreement No. 35 in Official Gazette No. 40,865 of March 9, 2016, establishing the rules governing the foreign exchange administration regime (Exchange Agreement No. 35).

The Tax on Large Financial Transactions Law was published in the Special Edition of the Official Gazette of the Bolivarian Republic of Venezuela No. 6,210, dated December 30, 2015 (TLFTL).

The Presidency of the Republic published in the Official Gazette No. 6,211 Extraordinary, dated December 30, 2015, Decree No. 2,179, with Rank, Value and Force of Law, the Reform of the Venezuelan Central Bank Law.

The U.S. Treasury's Office of Foreign Assets Control has issued new general licenses that expand opportunities for contingent contracting with Venezuela's government and authorize limited financial services involving key Venezuelan banks.

The Presidency of the Republic published in the Official Gazette No. 6,210 Extraordinary, dated December 30, 2015, Decree No. 2,167, with Rank, Value and Force of Law, against Exchange Control Violations.

This article is intended to provide the international lawyer with an outline of the Venezuelan legal requirements for international loans granted to the Bolivarian Republic of Venezuela (the "<U>Republic</U>") and issues of debt securities by the Republic. The focus is on international and not domestic debt transactions.

En Gaceta Oficial de la República Bolivariana de Venezuela N° 6.210 Extraordinario del 30 de diciembre de 2015, fue publicado el Decreto con Rango, Valor y Fuerza de Ley del Régimen Cambiario y sus Ilícitos.