Published 2 years ago

EU to make breaking sanctions against Russia a crime, seizing assets easier

Summary by Ground News

European Commission to propose a way to criminalize sanctions evasion at the EU level. A draft of the directive proposes to establish a common legal framework for how to deal with assets frozen in connection with crimes of EU relevance. Confiscation is currently a matter of criminal law in many EU countries, requiring a conviction.

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The Hindu

European Union seeks power to strip sanctioned Russian oligarchs of assets

"Today's proposals aim to ensure that the assets of individuals and entities that violate the restrictive measures can be effectively confiscated in the future," the European Commission said in a statement.

2 years ago·India

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Reuters

EU to make breaking sanctions against Russia a crime, seizing assets easier

The European Commission proposed on Wednesday to make breaking European Union sanctions against Russia a crime, a move that would allow EU governments to confiscate assets of companies and individuals that evade EU restrictions against Moscow.

2 years ago·United Kingdom

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abc News

EU seeks more clout against sanctioned Russian oligarchs

The European Commission is proposing to confiscate the frozen assets of oligarchs who try to violate the bloc's sanctions adopted in response to the Russian war in Ukraine

2 years ago·United States

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The Star Kuala Lumpur

EU to make breaking sanctions against Russia a crime, seizing assets easier

BRUSSELS (Reuters) - The European Commission proposed on Wednesday to make breaking European Union sanctions against Russia a crime, a move that would allow EU governments to confiscate assets of companies and individuals that evade EU restrictions against Moscow. Read full story

2 years ago·Malaysia

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KRDO

EU seeks more clout against sanctioned Russian oligarchs

BRUSSELS (AP) — The European Commission is proposing to confiscate the frozen assets of oligarchs who try to violate the bloc’s sanctions adopted in response to the Russian war in Ukraine. The EU’s executive arm on Wednesday proposed two EU laws that would require the bloc’s 27 member states to cede a degree of jealously guarded national sovereignty over criminal matters. One piece of draft legislation seeks new European rules on freezing and co…

2 years ago·Colorado Springs, United States

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RTÉ

Ukraine accuses NATO of 'doing nothing' about invasion

Ukraine's Minister for Foreign Affairs, Dmytro Kuleba, has accused NATO of "doing literally nothing" in the face of Russia's invasion, while praising the EU for its "revolutionary" decisions to back Kyiv.

2 years ago·Ireland

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