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Criminal liability for violating sanctions against Russia began to apply in the EU

Natasha Kumar By Natasha Kumar May20,2024

Criminal liability for violation of sanctions against Russia began to apply in the EU

On May 19, new rules (directive) harmonizing criminal offenses and punishments for violation of sanctions entered into force in the European Union. This is reported on the European Commission portal.

The new rules will ensure the possibility of criminal investigation and prosecution of such violations in all EU member states.

The directive contains a list of criminal offenses related to violation and circumvention of EU sanctions, such as, for example: failure to freeze assets, violation of travel bans or arms embargoes, provision of prohibited or restricted economic and financial services, transfer of funds that should be frozen, etc.

The new rules also set common baseline standards for penalties for both natural and legal persons in all member states. The rules also close legal loopholes to circumvent EU sanctions.

They will also include stronger rules for freezing and confiscating income and assets subject to EU sanctions.

“As Putin continues his illegal aggression against Ukraine , it is imperative that EU sanctions are fully implemented and that violations of these measures are punished. In addition, the new rules will make it easier for member states to confiscate certain assets of people and companies that support the war legislation and make them work in practice”, – commented Vira Yurova, vice-president of the European Commission.

Member states have until May 20, 2025 to implement the rules into their national legislation.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my 1-800-268-7116

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