Knowledge Base
Manage embargoes in compliance with international regulations
Which EU regulation establishes restrictive measures against terrorism?
EU Regulation 2580/2001 specifically targets terrorism, as indicated in the text. It is part of the thematic regimes that complement geographical measures.
What is the primary normative source for international embargoes under the United Nations Charter?
According to the text, UN Security Council resolutions adopted under Chapter VII of the Charter constitute the primary normative source. They have direct effect upon inscription in the national asset freeze register.
What is the maximum penalty for non-compliance with embargoes under Article 459 of the Code des douanes?
Article 459 of the Code des douanes provides for up to five years' imprisonment for non-compliance with embargoes, as stated in the text. This penalty is supplemented by fines and confiscation.
What is the deadline for reporting a confirmed asset freeze to the DG Trésor?
The text states that any confirmed asset freeze must be reported to the DG Trésor as soon as possible via the address [email protected]. This implies urgency and absolute priority.
Sectoral embargoes prohibit all economic relations with a targeted country.
False. Sectoral embargoes target only certain sectors (energy, defence, finance) without blocking all economic relations, unlike comprehensive embargoes which virtually prohibit all relations.
Categorize items by dragging them to the appropriate zones
Items to categorize:
Sanctions lists
Legal obligations
The national asset freeze register and the EU consolidated list are sanctions lists. The obligation to report to the DG Trésor and the immediate blocking of accounts are legal obligations imposed under the embargo regime.
EU Regulation 2271/96 prohibits European operators from complying with extraterritorial US sanctions without exceptional authorisation.
True. Regulation 2271/96, known as the blocking statute, explicitly prohibits European operators from complying with extraterritorial US sanctions unless they receive specific authorisation from the European Commission.
Address of the national asset freeze register in France
Click to see answer
The national asset freeze register is accessible at gels-avoirs.dgtresor.gouv.fr. This platform lists all persons and entities subject to freeze measures in France.