Explanatory Memorandum to JOIN(2012)22 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | JOIN(2012)22 - Amendment of Regulation (EU) No 267/2012 concerning restrictive measures against Iran. |
|---|---|
| source | JOIN(2012)22  |
| date | 20-07-2012 |
On 23 March 2012, the Council adopted Regulation (EU) No 267/2012 which repealed and replaced Regulation (EU) No 961/2010.
That Regulation provides for, inter alia, the freezing of all funds and economic resources belonging to, owned, held or controlled by the persons, entities and bodies listed in Annexes VIII and IX to the Regulation.
An amendment to point (e) of paragraph 2 of Article 23 is necessary in order to clarify the criteria to include persons, entities and bodies in Annex IX.
The High Representative for Foreign Affairs and Security Policy and the European Commission propose to amend Regulation (EU) No 267/2012 accordingly.