**1. Substance of the Act**
This Decree of the President of Ukraine enacts the decision of the National Security and Defense Council of Ukraine dated May 29, 2026, on the application of personal special economic and other restrictive measures. The document is an official legal instrument for triggering the sanctions mechanism against designated natural and legal persons. Control over the proper implementation of this decision is vested in the Secretary of the NSDC of Ukraine. The Decree enters into force on the day of its publication, which ensures the prompt application of the restrictions.
**2. Structure of the Act, Main Provisions, and Amendments**
Structurally, the Decree is concise and consists of three paragraphs: the enactment of the NSDC decision, the designation of the subject responsible for monitoring implementation (the Secretary of the NSDC), and the establishment of the procedure for entry into force. The bulk of the regulatory provisions and specific amendments are contained in the annex to the NSDC decision, which is approved by this Decree. Compared to previous sanctions acts, this document does not alter the procedural framework, but rather updates and expands the list of persons subject to restrictive measures in accordance with current security challenges.
**3. Main Provisions for Practical Application**
For practical application, the annex to the NSDC decision is of key importance, as it contains the personal list of sanctioned subjects and the specific types of restrictions applied to them (e.g., asset freezing, restriction of trade operations, suspension of financial obligations). Business entities must use these lists to conduct counterparty due diligence in order to avoid legal risks and violations of sanctions legislation.
****: This Decree is directly related to the sphere of national security and defense, and also has a direct impact on customs regulation (ban on the import/transit of goods) and the financial and tax transactions of sanctioned persons.
