Skip to content Skip to sidebar Skip to footer
Ваш AI помічникНовий чат
    Open chat icon

    On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)

    Good day! Here is a brief overview of the NSDC decision regarding the application of sanctions:

    1. **Essence of the Decision:** The NSDC decision, enacted by Presidential Decree, provides for the application of personal special economic and other restrictive measures (sanctions) to individuals and legal entities identified in the annexes to the decision. The initiator was the National Bank of Ukraine.

    2. **Structure and Main Provisions:**
    * The decision consists of four clauses and two annexes.
    * **Clause 1:** Support for the NBU’s proposals regarding the application of sanctions.
    * **Clause 2:** Application of sanctions to individuals (Annex 1) and legal entities (Annex 2).
    * **Clause 3:** Obligation of the Cabinet of Ministers of Ukraine, the SSU, and the NBU to ensure the implementation and monitoring of the effectiveness of sanctions.
    * **Clause 4:** The Ministry of Foreign Affairs of Ukraine shall inform international bodies about the application of sanctions and initiate similar measures on their part.

    3. **Most Important Provisions:** The most important is the direct application of sanctions to the individuals and legal entities listed in the annexes. Also important is the imposition of an obligation on the Cabinet of Ministers, the SSU, and the NBU to implement and monitor sanctions, as well as on the Ministry of Foreign Affairs to inform international partners.

    Full text by link

    E-mail
    Password
    Confirm Password
    Lexcovery
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.