We previously reported that on 23 June 2014, the EU implemented an import ban for goods originating from Crimea or Sevastopol (Regulation 692/2014), subject to two exceptions (set out in Article 3(a) and (b)). These measures entered into force on 25 June 2014. On 4 July 2014, the EU published an amendment, adding the wording underlined below to Article 3(b) of Regulation 692/2014, thereby clarifying the scope of this exception:&llt;/span> “The prohibitions…shall not apply in…

On 23 June 2014, the EU Council published a decision to prohibit the import into the EU of goods originating from Crimea or Sevastopol. The ban also extends to the direct or indirect provision of financing or financial assistance, as well as insurance and reinsurance services related to these goods. These restrictions, however, do not apply to those goods originating in Crimea or Sevastopol which have been made available to the Ukrainian authorities for examination,…

Pursuant to Council Implementing Regulation (EU) No 381/2014, published in the Official Journal today, the EU has designated the following four Ukrainian individuals with immediate effect: Serhiy Arbuzov, former Prime Minister of Ukraine Yuriy Ivanyushchenko, Party of Regions MP Oleksandr Klymenko, former Minister of Revenue and Charges Edward Stavytskyi, former Minister of Fuel and Energy of Ukraine The individuals, who have not been targeted by the US to date, are stated to…

The EU has announced that it will designate a further four persons in connection with the crisis in Ukraine, on the basis that they have misappropriated Ukrainian state funds. The relevant legislation will be published in the EU Official Journal tomorrow. This brings the total number of persons subject to an EU asset freeze in connection with the crisis to 22. We will update this post tomorrow with details of the persons and the legislation.