On May 26, EU CNCL extended restrictive measures relating to Syria.
EU CNCL issued decision to provide for extending restrictive measures set out in Dec 2013/255/CFSP until Jun. 1, 2024; and also removed 2 and amended 19 entries.
Follows EU CNCL May 2022 extended regime and removed 3 from list, see #139231.
Official Journal
Council Dec (CFSP) 2023/1035 of May 25, 2023 amends Dec 2013/255/CFSP, Council Implementing Reg 2023/1027 of May 25, 2023 implements Reg 36/2012, concerning restrictive measures in view of the situation in Syria, both issued in Official Journal.
Effectiveness
Decision and regulation enter into force the day after publication in the Official Journal.
Jun. 2023 Third Countries' Alignment
On Jun. 16, 2023, EU CNCL issued a statement on the alignment of certain countries.
Candidate countries North Macedonia, Montenegro, Bosnia and Herzegovina, Ukraine, Serbia, Albania, Republic of Moldova, potential candidate Georgia, EFTA countries Iceland, Norway, Liechtenstein, members of the EEA, align with Dec 2023/1035.
Regulators
EU CNCL
Entity Types
B/D; Bank; BS; Ins; Inv Co; MSB
Reference
PR 6/16/2023; List, OJ L 139/49, OJ L 139/1, 5/26/2023; Reg 2023/1027, Dec (CFSP) 2023/1035, 5/25/2023; Citation: Reg 2023/1027; Dec (CFSP) 2023/1035; Reg 2023/1027; Dec 2013/255/CFSP;
Functions
AML; Anti-Bribery; Compliance; Financial; Human Rights; Legal; Operations; Sanctions
Countries
Albania; Bosnia and Herzegovina; European Union; Georgia (Country); Iceland; Liechtenstein; Moldova; North Macedonia; Norway; Serbia; Syria; Ukraine; Cross-Border
Category
State
Products
Banking; Clearing; Deposits; Fund Mgt; Insurance; Loan
