Home Europe Council of the European Union Council Regulation (EU) 2023/1089 of 5 June 2023 amending Re...
Date: 2023-06-06 Category: Not Applicable State: Union Government Country: Europe

Council Regulation (EU) 2023/1089 of 5 June 2023 amending Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

Issued by Council of the European Union · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** Council Regulation (EU) 2023/1089, issued on June 5, 2023, amends Regulation (EU) No 269/2014 concerning restrictive measures against actions undermining or threatening the territorial integrity, sovereignty, and independence of Ukraine. This amendment, based on Council Decision (CFSP) 2023/1094, expands the criteria for listing individuals and entities subject to sanctions. The revised criteria now include leading businesspersons operating in Russia and their immediate family members, or other natural persons benefitting from them, as well as businesspersons, legal persons, entities, or bodies involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation. The amendment to Article 3(1)(g) of Regulation (EU) No 269/2014 is intended to ensure uniform application of these restrictive measures across all EU Member States. This regulation entered into force on June 6, 2023.

Key Entities Referenced

European Union: A political and economic union of member states located primarily in Europe. Council Regulation (EU) 2023/1089: A regulation of the Council of the European Union amending Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. Regulation (EU) No 269/2014: A Council Regulation concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. Treaty on the Functioning of the European Union: A treaty that forms the constitutional basis of the European Union. Article 215 of the Treaty on the Functioning of the European Union: Article of the Treaty on the Functioning of the European Union, which is the legal basis for the regulation. Council Decision 2014/145/CFSP: Council Decision concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. High Representative of the Union for Foreign Affairs and Security Policy: The chief representative of the European Union for foreign policy. European Commission: An institution of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU. Russia: A country in Eastern Europe and Northern Asia where leading businesspersons operate Brussels: The location where the regulation was adopted. Ukraine: The country whose territorial integrity, sovereignty, and independence are being undermined or threatened. Council Decision CFSP 2023/1094: Council Decision that amended one of the criteria for the listing of natural or legal persons, entities or bodies.
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6.6.2023 EN Official Journal of the European Union L 146/1 II (Non-legislative acts) REGULATIONS COUNCIL REGULATION (EU) 2023/1089 of 5 June 2023 amending Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof, Having regard to Council Decision 2014/145/CFSP of 17 March 2014concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine(1), Having regard to the joint proposal of the High Representative of the Union for Foreign Affairs and Security Policy and of the European Commission, Whereas: (1) Council Regulation (EU) No 269/2014(2) gives effect to restrictive measures provided for in Decision 2014/145/CFSP. (2) On 5 June 2023, the Council adopted Decision (CFSP) 2023/1094(3), which amended one of the criteria for the listing of natural or legal persons, entities or bodies, to include leading businesspersons operating in Russia and their immediate family members, or other natural persons, benefitting from them, as well as businesspersons, legal persons, entities or bodies involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation. (3) This amendment falls within the scope of the Treaty and therefore regulatory action at the level of the Union is necessary in order to implement it, in particular with a view to ensuring its uniform application in all Member States. (4) Regulation (EU) No 269/2014 should therefore be amended accordingly, HAS ADOPTED THIS REGULATION: Article 1 Article 3(1), point (g), of Regulation (EU) No 269/2014, is replaced by the following: (1) OJ L 78, 17.3.2014, p. 16. (2) Council Regulation (EU) No 269/2014 of 17 March 2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L 78, 17.3.2014, p. 6). (3) See page 20 of this Official Journal.L 146/2 EN Official Journal of the European Union 6.6.2023 ‘(g) leading businesspersons operating in Russia and their immediate family members, or other natural persons, benefitting from them, or businesspersons, legal persons, entities or bodies involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine; or’. Article 2 This Regulation shall enter into force on the date following that of its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 5 June 2023. For the Council The President J. ROSWALL

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