Knowledge Base

← Financial Security: AML/CFT, Anti-Corruption, and Sanctions

Questions

Which EU regulation establishes restrictive measures against terrorism?

Regulation 881/2002
Regulation 2020/1998
Regulation 2580/2001
Regulation 2271/96

What is the primary normative source for international embargoes under the United Nations Charter?

French national regulations
EU directives
UN Security Council resolutions (Chapter VII)
Local laws of member states

What is the maximum penalty for non-compliance with embargoes under Article 459 of the Code des douanes?

Two years' imprisonment
Five years' imprisonment
One year's imprisonment with suspension
No criminal penalty provided

What is the deadline for reporting a confirmed asset freeze to the DG Trésor?

Within one month
Immediately upon confirmation
Within 7 days of confirmation
No reporting obligation

Sectoral embargoes prohibit all economic relations with a targeted country.

True
False

Categorize items by dragging them to the appropriate zones

Items to categorize:

National asset freeze register
EU consolidated list
Reporting to the DG Trésor in case of confirmed freeze
Immediate blocking of accounts and assets
Categories:

Sanctions lists

Legal obligations

EU Regulation 2271/96 prohibits European operators from complying with extraterritorial US sanctions without exceptional authorisation.

True
False

Address of the national asset freeze register in France

Click to see answer