Decree Implementing the Decision of the National Security and Defense Council Regarding the Application and Cancellation of Personal Sanctions against Specific Individuals and Legal Entities
The Decree introduces into effect the decision of the National Security and Defense Council dated January 19, 2025, concerning the application and cancellation of personal sanctions against specific individuals and legal entities. Structurally, the decree consists of three points: implementation of the National Security and Defense Council’s decision, determination of control over execution (assigned to the Secretary of the National Security and Defense Council), and entry into force upon publication.
The key aspect is that the decree serves as a legal basis for applying restrictive measures in accordance with the Law of Ukraine “On Sanctions”. Such sanctions may include asset blocking, trade operation restrictions, prevention of capital withdrawal from Ukraine, and other measures defined by law. The specific list of persons and sanctions applied to them is contained in the appendix to the National Security and Defense Council’s decision.
