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SMB Update: Amendments to the Iran Regime Sanctions

17 Oct 2023 14:22 | Anonymous

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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