Tag Archives: European Union

Iran Sanctions – Developments from the EU

As discussed in our blog post of 21 May 2018, the EU has reaffirmed its commitment to the Joint Comprehensive Plan Of Action in the wake of the US’ announcement that it would be withdrawing from that agreement and re-imposing its nuclear-related secondary sanctions.  The European Commission has now published an amendment to its Regulation … Continue Reading

Sanctions on Iran – The EU Response

Following President Trump’s announcement that the United States will withdraw from the Joint Comprehensive Plan of Action (“JCPOA”) and re-impose US sanctions (including secondary sanctions) against Iran, the European Union has chosen to signal its commitment to the continuation of the JCPOA. Readers will be aware that the US has indicated it will be re-imposing … Continue Reading

EU clarifies Russian sanctions

On 5 December 2014, the European Commission published Regulation 1290/2014 (the Amending Regulation). This further amends Regulation 833/2014, which imposed sanctions against Russia in view of its actions in Ukraine. Several of the amendments appear to be aimed at clarifying the scope and application of the sanctions. Although not explicitly stated, this may be a … Continue Reading

Iran – Sanctions Update: Council Regulation 1263/2012

Further to the 4 January 2013 post on the EU’s recent extension of its sanctions regime against Iran, a Client Alert has been published considering in detail the provisions of Council Regulation 1263/2012. The full text of the Alert is available on the Reed Smith website.… Continue Reading

EU further extends Sanctions against Iran

The Council of the European Union has recently published two Regulations which further extend its Iran sanctions regime. Council Regulation (EU) No. 1263/2012 This Regulation implements the measures which were published in Council Decision 2012/635/CFSP, and which were the focus of a Reed Smith Client Alert dated 22 October 2012. With the publication of the … Continue Reading

EU further extends Iran Sanctions Regime

The Council of the European Union has recently published two further Regulations which extend the EU’s sanctions regime against Iran. Council Implementing Regulation 1016/2012 This Regulation adds the National Iranian Oil Company Nederland (aka NIOC Netherlands Representation Office) to the asset freeze list in Annex IX of Regulation 267/2012. It came into force on 7 … Continue Reading

Iran and Syria: Recent Sanctions Update

On 16 October 2012, the EU introduced further restrictive measures against both Iran and Syria. Details of these new measures can be found in the recent Reed Smith Client Alert by Sian Fellows, David Myers, Sarah Rogers, Alexandra Allan and Alexandra Gordon.… Continue Reading

EU publishes further Regulation concerning Restrictive Measures against Iran

The Council of the European Union has published Council Implementing Regulation (EU) No.709/2012 (the “Regulation”) concerning restrictive measures against Iran. The Regulation provides that: (a) certain persons shall be deleted from the list set out in Annex IX to Regulation (EU) No.267/2012 (i.e. the list which sets out those persons whose funds and economic resources … Continue Reading

EU further extends Sanctions against Syria

The Council of the European Union has published Council Decision 2012/206/CFSP, which came into force on 24 April 2012 and which imposes further restrictive measures against Syria. Specifically, it imposes a prohibition on the sale, supply, transfer and export of technology, equipment and goods which might be used for internal repression. The provision of technical … Continue Reading

EU amends sanctions against Iran

The Council of the European Union has published Council Implementing Regulation 350/2012, which came into force on 24 April 2012. This Regulation amends the asset freeze lists in Regulation 267/2012 by removing one individual and two companies from those lists. The asset freeze lists continue to be amended on a regular basis. It is, therefore, … Continue Reading

EU further expands Sanctions against Iran

As mentioned in a previous post, the EU has further extended its sanctions against Iran, with the publication of Council Regulation 267/2012 (the “Regulation”), which came into force on 24 March 2012. The Regulation repeals and replaces Regulation 961/2010. As such, many of its provisions simply restate measures which were already in force. However, some … Continue Reading

EU publishes new sanctions against Iran

The Council of the European Union has published Council Regulation (EU) 267/2012, which amends the EU’s sanctions against Iran and repeals Regulation (EU) 961/2010. Further detailed comments on the contents of the new Regulation will follow.… Continue Reading

EU amends Sanctions against Ivory Coast

The Council of the European Union has published Council Implementing Regulation (EU) No. 193/2012 which amends Council Regulation (EC) No. 560/2005 in respect of sanctions against Ivory Coast. Entries in Annex 1 and 1A to Regulation 560/2005 have been amended, and 63 individuals have been removed from Annex 1A. Annex 1 to Regulation 560/2005 lists … Continue Reading

EU extends sanctions against Syria

The EU has published Council Regulation (EU) 168/2012, which amends Regulation (EU) 36/2012 in respect of sanctions against Syria. Regulation 168/2012 prohibits various transactions in respect of gold, precious metals and diamonds, with a full list of the relevant goods being set out in Annex III to the Regulation. It is also prohibited to provide … Continue Reading

No UN Resolution on Syria… but for how long?

The prospect of the UN Security Council taking action against Syria looks to have taken a fatal blow with both Russia and China vetoing an already highly watered-down resolution. The European states’ third attempt at compromise wording, which referred not to potential sanctions but to “targeted measures”, did nothing to sway the two powers. Whatever … Continue Reading