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Guidance on Article 5r of Regulation 833/2014
The Sanctions Monitoring Board refers to Article 5r of Council Regulation 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine.
Article 5r of Council Regulation 833/2014 sets out a reporting obligation which applies to:
- Legal persons, entities and bodies established in the Union whose proprietary rights are directly or indirectly owned for more than 40 % by a legal person, entity or body established in Russia; a Russian national; or a natural person residing in Russia and;
- Credit and financial institutions.
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EU FAQs on sanctions against Russia and Belarus: Article 3q of Council Regulation (EU) No 833/2014
The EU has published guidance on the sale of tankers relevant to Regulation 833/2014. Please click on the following link to access the said guidance: Tanker sales – European Commission (europa.eu)
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Call for applications
An opportunity to join our team at the Ministry for Foreign and European Affairs and Trade, where you’ll play a pivotal role in shaping and implementing sanctions and engage with both public and private sectors, making a meaningful impact on global affairs.
To view the published vacancy please press on the link provided. If you wish to apply, please proceed by using the same link.