Here’s a breakdown of Council Implementing Regulation (EU) 2024/849:
**1. Essence of the Act:**
This regulation amends Council Regulation (EU) No 269/2014, which concerns restrictive measures against actions undermining or threatening the territorial integrity, sovereignty, and independence of Ukraine. The new regulation updates the list of individuals and entities subject to these restrictive measures by amending information, deleting entries for deceased individuals and other persons, and replacing entries with updated details.
**2. Structure and Main Provisions:**
* **Article 1:** This article states that Annex I of Regulation (EU) No 269/2014 is amended according to the Annex of this new regulation.
* **Article 2:** This regulation comes into force the day after its publication in the Official Journal of the European Union and is binding in its entirety and directly applicable in all Member States.
* **Annex:**
* Deletes entries for 13 individuals.
* Replaces entries for 47 individuals and 6 entities with updated information. The updated information includes identifying information (DOB, POB, Gender), reasons for the restrictive measures, and the date of listing. The reasons typically involve direct or indirect support for actions undermining Ukraine’s territorial integrity, sovereignty, and independence.
**3. Main Provisions Important for Use:**
* **** The key aspect of this regulation is the updated list in Annex I. It is crucial for anyone dealing with individuals and entities potentially subject to EU sanctions to consult this updated list to ensure compliance.
* The reasons for listing provided for each individual and entity offer insights into why the EU has imposed sanctions, which can be helpful in assessing risks and understanding the scope of the restrictions.
* The regulation directly affects the application of asset freezes and the prohibition of making funds or economic resources available to those listed.
* The changes in identifying information (name, date of birth, etc.) are important for accurate identification and implementation of the sanctions.
