On Apr. 26, EU CNCL announced extension of restrictive measures.
EU CNCL extended restrictive measures against those involved in destabilizing, undermining, threatening sovereignty and independence of Republic of Moldova.
Restrictive Measures
EU restrictive measures currently apply to a total of 11 individuals and one entity.
Those listed under EU sanctions regime are subject to asset freeze and prohibited to generate funds or access economic resources made available to them.
Travel ban applies to listed persons, prohibited from entering/transit via EU territories.
Effectiveness
Restrictive measures have been prolonged until Apr. 29, 2025.
Apr. 29, 2024 Official Journal
Issued Council Dec (CFSP) 2024/1242 of Apr. 26, 2024 amending Dec (CFSP) 2023/891 concerning restrictive measures re actions destabilizing Republic of Moldova.
Plus, Council Implementing Reg 2024/1243 of Apr. 26, 2024 implementing Reg 2023/888 concerning restrictive measures re actions destabilizing Republic of Moldova.
Regulators
EU CNCL
Entity Types
B/D; Bank; BS; Ins; Inv Co; MSB
Reference
OJ L, Dec (CFSP) 2024/1242, Reg 2024/1243, PR, 4/26/2024; Dec (CFSP) 2023/891, Reg 2023/888, 4/28/2023; Citation: Dec (CFSP) 2024/1242; Reg 2024/1243;
Functions
AML; Anti-Bribery; Compliance; Financial; Human Rights; Legal; Operations; Sanctions
Countries
European Union; Moldova; Cross-Border
Category
State
N/A
Products
Banking; Clearing; Deposits; Fund Mgt; Insurance; Loan; Securities
