EU MINISTERS FORMALLY APPROVE LAW CRIMINALISING SANCTIONS EVASION
April 19th, 2024
The European Union (EU) Council of Ministers has given its final approval to an EU directive insisting that EU member states criminalise and impose dissuasive punishments on the deliberate evasion of sanctions (1).
This law has been drafted amidst rising concern that Russia and Russians are effectively bypassing the slew of sanctions ordered following their country’s ongoing full-scale invasion of Ukraine (2).
Under the directive, individual sanctions evaders with would be jailed at least five years, where they undermine measures targeting funds or property ...
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