Good day!
This is a decision of the National Security and Defense Council of Ukraine, enacted by a Presidential Decree, regarding the application of personal special economic and other restrictive measures, i.e., sanctions, to certain individuals and legal entities.
The structure of the decision includes four main points and two appendices. Point 1 supports the proposals of the Cabinet of Ministers regarding the application of sanctions. Point 2 directly enacts sanctions against individuals and legal entities, the list of which is provided in Appendices 1 and 2, respectively. Point 3 assigns to the Cabinet of Ministers, the Security Service of Ukraine, and the National Bank of Ukraine the responsibility to ensure the implementation and monitoring of the effectiveness of these sanctions. Point 4 stipulates that the Ministry of Foreign Affairs shall inform the competent authorities of other states about the application of sanctions.
The most important for the practical use of this decision is the list of individuals and legal entities to whom sanctions are applied, which are contained in Appendices 1 and 2. Also important is that the Cabinet of Ministers of Ukraine, the Security Service of Ukraine, and the National Bank of Ukraine must ensure the implementation and monitoring of the effectiveness of the applied sanctions.
