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SMB: Sanctions Update

2 Sep 2022 12:12 | Anonymous

Ukraine Regime

·        Council Implementing Regulation (EU) 2022/1446 of 1 September 2022 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022R1446&from=EN

The Council of the European Union on 01 September 2022 decided to amend Annex I to Regulation (EU) No 269/2014 by adding three persons to the list of natural and legal persons, entities and bodies subject to restrictive measures set out in the aforementioned Annex.

·        Council Decision (CFSP) 2022/1447 of 1 September 2022 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32022D1447&from=EN

The Council of the European Union on 01 September 2022 decided to amend the Annex set out in Decision 2014/145/CFSP by adding three persons to the list of natural and legal persons, entities and bodies subject to restrictive measures set out in the aforementioned Annex.

                                                                                                                                       

For further information please consult the above links.

Please be reminded that all EU/UN sanctions are directly applicable under Maltese law under the National Interest (Enabling Powers) Act, cap 365 of the Laws of Malta as linked hereunder:

http://www.justiceservices.gov.mt/DownloadDocument.aspx?app=lom&itemid=8835&l=1

Should any of your clients be a person or entity who is listed under UN/EU or national sanctions or who is directly or indirectly owned or controlled by a listed person or entity, the freezing measures mentioned under article 17 of the Act apply.

The Sanctions Monitoring Board is to be informed immediately of the actions that have been taken in relation to the assets of such listed persons. 

The Sanctions Monitoring Board may be contacted on sanctions.mfea@gov.mt on any issue relating to sanctions.

Please find below links to the:

EU Financial Sanctions Database

Consolidated UN Sanctions List

EU Sanctions Map

Sanctions Monitoring Board

 


               

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