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UKRAINE SANCTIONS – EU EXPANDS ASSET FREEZING MEASURES

On 12 May 2014, the EU announced that it was further expanding the sanctions imposed in connection with the situation in Ukraine in light of a perceived continuation of efforts to destabilise eastern and southern Ukraine. Also at this time for the first time the EU has imposed sanctions on entities in connection with the […]

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EU responds to Ukrainian crisis by imposing asset freeze on 18 politicians, family members and businessmen

Introduction Following a promise by the Council of the European Union (EU) on 20 February 2014 to impose various restrictive measures against Ukraine in response to the deteriorating political situation,1 the EU list of Ukrainian persons subject to an asset freeze has been adopted. This asset freeze list was published as part of Regulation 208/2014 […]

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UKRAINE – EU IMPOSES ASSET FREEZE ON MEMBERS OF FORMER GOVERNMENT AND ISSUES A STATEMENT IN RELATION TO RUSSIA;US INTRODUCES EXECUTIVE ORDER PERMITTING THE BLOCKING OF ASSETS

  The EU and US have both recently taken steps to respond to recent events in Ukraine. On 5 March 2014, the EU introduced an asset freeze applying to former President Yanukovych and other former government officials and persons associated with the former government. The UK has introduced domestic legislation criminalising breaches of this asset […]

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