EU Council introduces criminal penalty for sanctions evasion - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

EU Council introduces criminal penalty for sanctions evasion

BRUSSELS, Nov 28 (PRIME) -- The E.U. Council unanimously approved a criminal penalty for evasion or violation of the European sanctions, according to a statement released on Monday.

"Currently the member states have different definitions of what constitutes a violation of restrictive measures and what penalties should be applied in the event of violation," the statement read.

"The inclusion of the violation of restrictive measures in the list of ‘E.U. crimes’ is the first of two steps to ensure a similar degree of sanctions enforcement throughout the E.U. and to dissuade attempts to circumvent or violate E.U. measures."

The authority said that a definition of a criminal offence will be prepared soon and sent for consideration to the Council and the European Parliament.

End

28.11.2022 13:09
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.7187 +0.0108 27 apr
USD 92.0134 -0.1180 27 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3449.77 +0.29 18:51 26 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 163.35 0.00 23:50 26 apr
lkoh 7827.50 +0.09 23:50 26 apr
rosn 581.50 +0.29 23:14 26 apr
sber 308.41 +0.15 23:50 26 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 97.7950 -0.7025 14:59 26 apr
USDTD 91.5550 -0.4975 17:44 26 apr