On Feb. 20, 2024, EU CNCL issued Dec 2024/633 of Feb. 19, 2024, amends Dec (CFSP) 2022/266 concerning restrictive measures in response to illegal recognition, occupation or annexation by Russia of certain non-government controlled areas of Ukraine.
Restrictive measures shall be renewed for a further 12 months, until Feb. 24, 2025.
On Feb. 21, EU CNCL renewed restrictions against Russia for a year.
EU CNCL renewed restrictive measures in response to illegal recognition, occupation or annexation by Russia of certain non-government controlled areas of Ukraine.
And follows EU CNCL Oct. 2022 adopted latest sanctions against Russia over illegal annexation of Ukraine's Donetsk, Luhansk, Zaporizhzhia, Kherson regions, #149166.
Document dated Feb. 21, 2023, was added on Mar. 13, 2023 due to editorial backfill.
Overview
EU CNCL decided to renew restrictions until Feb. 24, 2024 after review of Dec (CFSP) 2022/266, in view of Russian Federation’s continuing illegal actions against Ukraine.
Issued Council Dec (CFSP) 2023/388 of Feb. 20, 2023 amending Dec (CFSP) 2022/266 concerning restrictive measures in response to the illegal recognition, occupation or annexation by Russia of certain non-government controlled areas of Ukraine in the OJ.
Effectiveness
The decision shall enter into force on the day following that of its publication in the Official Journal of the European Union (i.e. Feb. 22, 2023) until Feb. 24, 2024.
Mar. 2023 Third Countries' Alignment
On Mar. 10, 2023, EU CNCL issued a statement on the alignment of certain countries.
Candidate countries North Macedonia, Montenegro, Albania, Bosnia and Herzegovina, Ukraine; potential candidate country Georgia; EFTA countries Iceland, Liechtenstein, and EEA members, align with Dec 2023/388, and will ensure national policies conform.
(Please note this content is now deemed out of scope and will not be further updated unless there is a change in process or other noteworthy event in relation to the topic).
Feb. 2024 Renewed Restrictions
On Feb. 20, 2024, EU CNCL issued Dec 2024/633 of Feb. 19, 2024, amends Dec (CFSP) 2022/266 concerning restrictive measures in response to illegal recognition, occupation or annexation by Russia of certain non-government controlled areas of Ukraine.
Restrictive measures shall be renewed for a further 12 months, until Feb. 24, 2025.
Regulators
EU CNCL
Entity Types
B/D; Bank; BS; Corp; Ins; Inv Co; MSB
Reference
OJ L, 2/20/2024; Dec 2024/633, 2/19/2024; PR 3/10/2023; OJ L 53/37, 2/21/2023; Dec (CFSP) 2023/388, 2/20/2023; Citation: Dec (CFSP) 2023/388; Dec (CFSP) 2022/266; Dec 2024/633;
