EU CNCL Extend Bosnia Sanctions


On Mar. 24, EU CNCL renewed Bosnia sanctions for a further year.


  • Council Decision (CFSP) 2020/435 of Mar. 23, 2020 amending Decision 2011/173/CFSP concerning restrictive measures in view of the situation in Bosnia and Herzegovina.
  • On basis of a review of 2011 decision, decided to renew measures until Mar. 31, 2021.
  • Effectiveness
  • Decision in force on Mar. 25, 2020 (i.e. day following publication in the official journal).
  • Mar. 2021 Renewal
  • On Mar. 29, 2021, EU CNCL issued dec (CFSP) 2021/543 of Mar. 26, amending decision 2011/173/CFSP on restrictive measures in view of situation in Bosnia and Herzegovina.
  • On basis of a review of 2011 decision, decided to renew measures until Mar. 31, 2022.
  • Decision in force on Mar. 30, 2020, i.e. day following publication in the official journal.
  • Mar. 2022 Extension
  • On Mar. 18, 2022, EU CNCL decided to extend sanctions regime until Mar. 31, 2024.
  • Will keep ability to impose sanctions on those who undermine sovereignty, territorial integrity, constitutional order and international personality of Bosnia and Herzegovina.
  • Sanctions can also be imposed on those who seriously threaten security situation in the country, or undermine the Dayton/Paris General Framework Agreement for Peace.
  • Framework provides for a travel ban for natural persons, an asset freeze for individuals and entities, EU persons are forbidden from making funds available to those listed.
  • For time being, no individual or entity is subject to sanctions within this framework.
  • Mar. 2024 Renewal
  • On Mar. 25, 2024, EU CNCL decided to extend sanctions regime until Mar. 31, 2026.
  • Dec (CFSP) 2024/955 of Mar. 25, 2024 amending Dec 2011/173/CFSP concerning restrictive measures in view of the situation in Bosnia and Herzegovina issued in the EU Official Journal on Mar. 26, 2024; in force on the day following that of its publication.

Regulators EU CNCL
Entity Types B/D; Bank; BS; Ins; Inv Co; MSB
Reference OJ L, 3/26/2024; PR, Dec (CFSP) 2024/955, 3/25/2024; PR 3/18/2022; OJ L 108/59, 3/29/2021; Dec (CFSP) 2021/543, 3/26/2021; OJ L89, 3/24/2020; Dec 2020/435/CFSP, 3/23/2020; Citation: Dec 2011/173/CFSP; Dec (CFSP) 2024/955;
Functions AML; Anti-Bribery; Compliance; Financial; Legal; Operations; Sanctions
Countries Bosnia and Herzegovina; European Union; Cross-Border
Category
State
Products Banking; Clearing; Deposits; Fund Mgt; Insurance; Loan
Regions EMEA
Rule Type Final
Rule Date 3/24/2020
Effective Date 3/31/2026
Rule Id 74437
Linked to N/A
Reg. Last Update 3/25/2024
Report Section AML & Enforcement

Last substantive update on 04/01/2024