Alert: EU Significantly Expands Sanctions Against Russia

The Council of the European Union has significantly increased the number of individuals and entities subject to sanctions under the restrictive measures adopted in connection with the conflict in Ukraine. On 12 October, the EU adopted new restrictive measures targeting 743 individuals and 826 entities linked to Russia’s military-industrial complex, as well as 77 individuals associated with the recent elections to the State Duma.

The sanctions include the freezing of assets and a prohibition on making funds or economic resources available to those designated. In addition, the individuals concerned are subject to restrictions on entering or transiting through the territory of EU Member States. Although these measures follow the Council’s established sanctions mechanisms, the substantial number of individuals and entities affected is particularly noteworthy, potentially reflecting the European authorities’ determination to maintain pressure on the Russian Federation.

For the time being, no methodological changes are apparent in the EU’s sanctions policy. Rather, these measures represent a significant expansion of the scope of existing restrictive measures.

With the collaboration of José Luis Iriarte, Professor of Private International Law at the Universidad Pública de Navarra.

 

******

More information:

Lupicinio International Law Firm
C/ Villanueva 29
28001 Madrid
P: +34 91 436 00 90

SUBSCRIBE TO OUR NEWSLETTERS

International Sanctions, Arbitration, Litigation, Criminal, Competition AND MORE!

Esta página web usa cookies

Las cookies de este sitio web se usan para personalizar el contenido y analizar el tráfico. Además, compartimos información sobre el uso que haga del sitio web con nuestros partners de análisis web, quienes pueden combinarla con otra información que les haya proporcionado o que hayan recopilado a partir del uso que haya hecho de sus servicios.

Close Popup
Privacy Settings saved!
Configuración de Privacidad

A continuación, puedes elegir qué tipo de cookies permite en este sitio web. Podrá revocar este consentimiento, obtener más información e informarse de sus derechos en la Política de cookies. *Para guardar tu configuración acepta o rechaza las cookies que desees y haz clic en el botón cerrar.


Funcionales
  • wp-wpml_current_language
  • bm_sz
  • _abck
  • ak_bmsc
  • __cf_bm
  • wordpress_gdpr_cookies_allowed
  • wordpress_gdpr_cookies_declined
  • wordpress_gdpr_allowed_services
  • MCPopupClosed

Rechazar todos los servicios
Save
Acepto todos los servicios