Tag Archives: asset freezes

EU Extends Asset-Freezing Sanctions in Connection to Situation in Tunisia

The EU extended asset-freezes against persons provided in Council Decision 2011/72/CFSP and in Council Implementing Regulation (EU) No 101/2011 who are considered to be responsible for the misappropriation of Tunisian State funds. On 29 January 2018, the sanctions were extended until 31 January 2019 (See Council Decision (CFSP) 2018/141 and Council Implementing Regulation (EU) 2018/137).… Continue Reading

EU Adds Seven Venezuelan Officials to Restrictive Measures List

On 22 January 2018, the EU froze the assets of seven Venezuelan officials, notably including the Minister for Interior, the head of the Intelligence Service, the head of the National Electoral Council and the President of the Supreme Court of Justice. These individuals are considered by the EU to be “involved in the non-respect of … Continue Reading

Council of the European Union Extends Sanctions Against Syria Until 1 June 2018

On 30 May, the Council adopted Decision 2017/917 that extends the EU’s sanctions against Syria until 1 June 2018, amending Council Decision 2013/255/CFSP. The sanctions impose travel bans and asset freezes against individuals supporting or associated with the Syrian regime or oppression in the country. A total of three ministers of the Syrian government have … Continue Reading

EU Extends Ukraine Misappropriation Sanctions

Following its annual review, the EU has renewed its asset freezes relating to individuals who are identified as being responsible for misappropriating Ukrainian state funds until 6 March 2018. These asset freezes were initially introduced in March 2014. Implementing Regulation 2017/374 implements Regulation 208/2014 and Decision 2017/381 amends Decision 2014/119/CFSP.… Continue Reading

South Korea and Japan Announce New Sanctions on North Korea

In response to its recent nuclear and ballistic missile tests, South Korea and Japan have announced that they are imposing new unilateral sanctions on North Korea. The announcements directly follow the UN Security Council’s decision to impose new sanctions on North Korea. Japan is set to impose asset freezes on more people and entities that … Continue Reading
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