The Council of the EU has decided to extend the EU restrictive measures concerning the situation in Bosnia and Herzegovina, including the asset freezes, until 31 March 2019 (Council Decision (CFSP) 2018/459). In addition, the EU has decided to lift a travel ban on persons who were involved in violent incidents in Mostar on 10 February 1997 (Council Decision (CFSP) … Continue Reading
On 23 June 2017, the Financial Action Task Force (FATF) published information identifying jurisdictions with deficiencies in their antimoney laundering and counter-terrorist financing regimes. In response to this published information by the FATF, in its advisory notice, HM Treasury advises firms to consider North Korea and Iran as high-risk jurisdictions for the purposes of the Money Laundering Regulations 2007, and … Continue Reading
The EU Council has renewed its sanctions against Bosnia and Herzegovina until 31 March 2018. The measures include an asset freeze and travel ban on listed individuals and entities believed to be undermining its sovereignty and territorial integrity, posing a serious threat to the Bosnian security situation, or undermining the Dayton/Paris Peace Agreement. Council Decision … Continue Reading
The measures include an asset freeze and travel ban on listed individuals and entities believed to be undermining its sovereignty and territorial integrity, posing a serious threat to the Bosnian security situation, or to be taking part in activities that undermine the Dayton/Paris Peace Agreement. Council Decision 2016/477 amends Decision 2011/173/CFSP.… Continue Reading
EU candidate countries the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Albania and potential candidate Bosnia and Herzegovina have aligned their national sanctions policies with the latest amendments to the EU sanctions in place with respect to Belarus and the Democratic People’s Republic of Korea. These countries have been joined by the EFTA countries … Continue Reading
