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Publication in Official Journal

7 Feb 2023 13:00 | Malta Institute of Accountants (Administrator)


Ukraine Regime

• Council Implementing Regulation (EU) 2023/253 of 6 February 2023 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. Following the judgment of the General Court in Case T-714/20, one entry should be deleted from the list of natural and legal persons, entities and bodies, set out in the Annex I to Regulation (EU) No 269/2014. Annex I to Regulation (EU) No 269/2014 has therefore been amended accordingly.

Read more.


ISIL (Da’esh) and Al-Qaida Regime

• Commission Implementing Regulation (EU) 2023/249 of 3 February 2023 amending for the 333rd time Council Regulation (EC) No 881/2002 imposing certain specific restrictive measures directed against certain persons and entities associated with the ISIL (Da’esh) and Al-Qaida organisations [link]

Annex I to Regulation (EC) No 881/2002 lists the persons, groups and entities covered by the freezing of funds and economic resources under that Regulation. On 27 January 2023, the Sanctions Committee of the United Nations Security Council established pursuant to UN Security Council Resolutions 1267(1999), 1989(2011) and 2253(2015) added one entry to the list of persons, groups and entities to whom the freezing of funds and economic resources should apply. Annex I to Regulation (EC) No 881/2002 has therefore been amended accordingly.

Read more.


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.mfet@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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