THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

NEWS

EU and US extend asset freeze over misappropriation of Ukrainian state funds 

March, 2018

Asset freezes extended to March 2019.

EU and US extend asset freeze over misappropriation of Ukrainian state funds 

The EU Council has extended asset freezes against 13 persons identified as responsible for ‘the misappropriation of Ukrainian state funds’, or ‘the abuse of office causing a loss to Ukrainian funds’, until 6 March 2019.  Last week, the US extended the national state of emergency in respect of the Ukraine for one year.

Since March 2014, both the US and the EU have imposed a range of restrictive measures against Russia and individuals connected with the illegal annexation of Crimea and the deliberate destabilisation of Ukraine.

 

The EU Council decision can be found here:
http://www.consilium.europa.eu/en/press/press-releases/2018/03/05/misappropriation-of-ukrainian-state-funds-eu-prolongs-asset-freezes-against-13-persons-by-one-year/?utm_source=dsms-auto&utm_medium=email&utm_campaign=Misappropriation+of+Ukrainian+state+funds%3a+EU+prolongs+asset+freezes+against+13+persons+by+one+year

The US executive order can be found here:
https://www.whitehouse.gov/presidential-actions/executive-order-presidents-continuation-national-emergency-respect-ukraine/

 

 

Find an Export Controls Expert
SIGN UP FOR WORLDECR ALERTS

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.