SMB Update: Amendments to the Myanmar/Burma Regime Sanctions

Council Implementing Regulation (EU) 2023/2435 of 26 October 2023 implementing Regulation (EU) No 401/2013 concerning restrictive measures in view of the situation in Myanmar/Burma

On 26 October 2023, the Council of the European Union reviewed the restrictive measures concerning entry 84 in Section A and entry 17 in Section B in the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annex IV to Regulation (EU) No 401/2013. On the basis of that review, the Council decided that those entries should be amended. In addition, on the basis of the updated information received, the entry for one other person included in that Annex should be amended

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SMB Update: Amendments to the Democratic Republic of the Congo Regime Sanctions

On 25 October 2023, the Security Council Committee established pursuant to resolution 1533 approved the addition of two entries to its Sanctions List of individuals and entities subject to the measures imposed by the Security Council and adopted under Chapter VII of the Charter of the United Nations

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SMB Update: Amendments to the Libya Regime Sanctions

On 16 October 2023, the Security Council Committee established pursuant to resolution 1970 (2011) concerning Libya decided that an individual is no longer subject to a travel ban measure imposed pursuant to paragraph 15 of resolution 1970 (2011). Notwithstanding the lifting of the said travel ban, the individual remains subject to the asset-freeze measure pursuant to the relevant resolutions

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SMB Update: Amendments to the Iran Regime Sanctions

Council Implementing Regulation (EU) 2023/2196 of 16 October 2023 implementing Regulation (EU) No 267/2012 concerning restrictive measures against Iran

On 16 October 2023, the Council of the European Union considered that the Union has valid grounds for maintaining after JCPOA Transition Day the restrictive measures against certain persons and entities listed in Annexes I and II to Decision 2010/413/CFSP and Annexes VIII and IX to Regulation (EU) No 267/2012. Therefore, the Council decided that the names of those persons and entities are to be transferred from Annex I to Decision 2010/413/CFSP to Annex II to that Decision and from Annex VIII to Regulation (EU) No 267/2012 concerning restrictive measures against Iran to Annex IX to that Regulation. The Council further considered that the Union has valid grounds for maintaining after JCPOA Transition Day the restrictive measures on financial messaging services, related to the transport sector, related to proliferation-sensitive nuclear activities and associated services, on metals and associated services, on software and associated services and on arms and associated services. Therefore, the restrictive measures which were suspended on JCPOA Implementation Day by Council Decision (CFSP) 2015/1863 have not yet been terminated

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SMB Update: Amendments to the Iran Regime

Commission Implementing Regulation (EU) 2023/2185 of 11 October 2023 amending Council Regulation (EC) No 1210/2003 concerning certain specific restrictions on economic and financial relations with Iraq

On 11 October 2023 the European Commission decided to amend Annex IV to Regulation (EC) No 1210/2003 following the Sanctions Committee of the United Nations Security Council’s decision to remove one natural person from the list of persons and entities to whom the assets freeze should apply

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SMB Update: Amendments to the Sudan Regime Sanctions

Council Regulation (EU) 2023/2147 of 9 October 2023 concerning restrictive measures in view of activities undermining the stability and political transition of Sudan

Council Decision (CFSP) 2023/2135 of 9 October 2023 concerning restrictive measures in view of activities undermining the stability and political transition of Sudan

On 09 October 2023 the Council of the European Union adopted Decision (CFSP) 2023/2135, which establishes a framework for targeted restrictive measures in view of activities undermining the stability and political transition of Sudan. This said Decision provides for a travel ban, the freezing of the funds and economic resources of, and a prohibition on making funds and economic resources available to, certain natural or legal persons, entities or bodies. The persons, entities and bodies subject to those restrictive measures are listed in the Annex to that Decision.

SMB Update: Amendments to the Chemical Weapons Regime

Council Decision (CFSP) 2023/2129 of 9 October 2023 amending Decision (CFSP) 2018/1544 concerning restrictive measures against the proliferation and use of chemical weapons

On 09 October 2023 the Council of the European Union reviewed Decision (CFSP) 2018/1544 and on the basis of that review decided that the validity of that Decision should be extended until 16 October 2026 and the restrictive measures set out therein should be extended until 16 October 2024

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SMB Update: Amendments to the Nicaragua Regime

Council Implementing Regulation (EU) 2023/2125 of 9 October 2023 implementing Regulation (EU) 2019/1716 concerning restrictive measures in view of the situation in Nicaragua

Council Decision (CFSP) 2023/2127 of 9 October 2023 amending Decision (CFSP) 2019/1720 concerning restrictive measures in view of the situation in Nicaragua

On 09 October 2023 the Council of the European Union reviewed the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annex I to Regulation (EU) 2019/1716. On the basis of that review, the Council of the European Union decided that the statement of reasons for six natural persons and one entity should be updated. Moreover, on the basis of a review of Decision (CFSP) 2019/1720, the Council of the European Union decided to extend the restrictive measures set out therein until 15 October 2024

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SMB Update: Amendments to the Iran Regime

Council Implementing Regulation (EU) 2023/2121 of 9 October 2023 implement Regulation (EU) No 267/2012 concerning restrictive measures against Iran

On 09 October 2023 the Council of the European Union decided that the entry concerning one entity designated in Annex IX to regulation (EU) No 267/2012 should be updated

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SMB Update: Amendment to the Iraq Regime Sanctions

On 05 October 2023, the Security Council Committee established pursuant to resolution 1518 (2003) removed one entry from its Sanctions List of individuals and entities.

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