Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 18 SEPTEMBER 2024

EU Implements New Sanctions Framework Targeting Human Rights Violations In Russia

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Contributor
Explore more from Michael Kyprianou & Co. LLC

The European Union has introduced a new sanctions framework aimed at addressing human rights violations, repression of civil society, and undermining democracy in Russia.

European UnionGovernment, Public Sector
Hionoulla Andreou
Hionoulla Andreou
Author LinkedIn connections

The European Union has introduced a new sanctions framework aimed at addressing human rights violations, repression of civil society, and undermining democracy in Russia. The new regime comprises of Council Implementing Regulation (EU) 2024/1488 of 27 May 2024, implementing Regulation (EU) 2024/1485 concerning restrictive measures in view of the situation in Russia, including the list of sanctioned individuals and entities, and Council Regulation (EU) 2024/1485 of 27 May 2024 concerning restrictive measures in view of the situation in Russia.

The additional measures against Russia were proposed by Josep Borrell, the EU High Representative for Foreign Affairs and Security Policy, following the death of Russian opposition leader Alexei Navalny in a Siberian prison in February 2024. Navalny's death was another sign of the escalating repression in Russia, prompting the EU to take stronger measures against those responsible for human rights abuses.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

FATF Report: Red Flag Indicators Within The Gaming And Gambling Industry

The Financial Action Task Force has released a comprehensive report examining how the gaming and gambling industry's evolution into online, cross-border platforms has created new vulnerabilities for money laundering, terrorist financing, and proliferation financing. The report identifies critical gaps in international regulatory frameworks and provides strategic recommendations for jurisdictions to strengthen their oversight of this increasingly interconnected digital ecosystem.
CyprusGovernment, Public Sector
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Article

Proposed Legislative Amendment Seeking To Restrict Property Acquisition By Third-Country Nationals In Cyprus

Cyprus faces a critical policy decision regarding foreign investment in real estate as new legislative proposals seek to restrict property acquisition by third-country nationals and foreign-controlled entities. The proposed reforms would fundamentally shift from an open market approach to a more restrictive framework, raising questions about transparency, beneficial ownership scrutiny, and the balance between protecting domestic interests and maintaining Cyprus's competitive position as an attractive
CyprusGovernment, Public Sector
Frangos Law
Frangos Law
Article

Restrictions Imposed On Short-Term Property Rentals In Greece – What Are The Points That Prospective Investors In Greek Property Should Take Into Account

Greece has introduced significant restrictions on short-term property rentals, particularly affecting properties in central Athens municipal districts. Understanding the registration requirements, administrative penalties, and recent regulatory changes is crucial for anyone considering investment in Greek real estate for short-term rental purposes.
GreeceReal Estate and Construction
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Article

When Artificial Intelligence Creates The Brand – The New Era Of Trademarks

Artificial intelligence has revolutionized brand creation, enabling businesses to generate names, logos, and slogans within minutes. However, speed and convenience don't guarantee legal protection, raising critical questions about trademark ownership, registration eligibility, and the protection of AI-generated brands in an era where technology outpaces traditional intellectual property frameworks.
CyprusIntellectual Property
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Article

Cyprus Tax Department Strengthens Due Diligence Requirements Under DAC2/CRS

The Cyprus Tax Department has issued new guidance strengthening due diligence requirements for financial institutions under DAC2/CRS, specifically targeting potential misuse of Citizenship by Investment and Residence by Investment schemes. Financial institutions must now implement enhanced verification procedures to ensure accurate reporting of account holders' tax residency, with immediate application to new clients and a six-month compliance window for existing accounts.
CyprusTax
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
Article

FATF Report: Red Flag Indicators Within The Gaming And Gambling Industry

The Financial Action Task Force has released a comprehensive report examining how the gaming and gambling industry's evolution into online, cross-border platforms has created new vulnerabilities for money laundering, terrorist financing, and proliferation financing. The report identifies critical gaps in international regulatory frameworks and provides strategic recommendations for jurisdictions to strengthen their oversight of this increasingly interconnected digital ecosystem.
CyprusGovernment, Public Sector
Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC