Ukraine Regime
• Council Regulation (EU) 2022/2474 of 16 December 2022 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine
On 31 July 2014, the Council adopted Regulation (EU) No 833/2014. Regulation (EU) No 833/2014 gives effect to certain measures provided for in Council Decision 2014/512/CFSP. On 16 December 2022 the Council adopted Decision (CFSP) 2022/2478 amending Decision 2014/512/CFSP. It is appropriate to extend the list of restricted items which might contribute to Russia’s military and technological enhancement or the development of its defence and security sector, by adding drone engines, further chemical and biological equipment, riot control agents and electronic components. Regulation (EU) No 833/2014 has therefore been amended accordingly.
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- Council Regulation (EU) 2022/2475 of 16 December 2022 amending Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine
Council Regulation (EU) No 269/2014 (2) gives effect to the restrictive measures provided for in Decision 2014/145/CFSP. On 16 December 2022, the Council adopted Decision (CFSP) 2022/2479 (3), amending Decision 2014/145/CFSP. Decision (CFSP) 2022/2479 introduced a new deadline for the derogation allowing the divestment by a specific listed entity. Regulation (EU) No 269/2014 has therefore been amended accordingly.
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• Council Implementing Regulation (EU) 2022/2476 of 16 December 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
On 17 March 2014, the Council adopted Regulation (EU) No 269/2014. The Union remains unwavering in its support for Ukraine’s sovereignty and territorial integrity. In view of the gravity of the situation, the Council considers that 141 persons and 49 entities responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine should be added to the list of persons, entities and bodies subject to restrictive measures set out in Annex I to Regulation (EU) No 269/2014. Annex I to Regulation (EU) No 269/2014 has therefore been amended accordingly.
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Subscribers are to kindly note that the above mentioned listings refer to the ninth package of sanctions by the European Union in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. For further guidance, kindly also consult the Council’s official press release on the matter in this link.
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 here.
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
