Sanctions Profile: Serbia

At a glance

Current sanctions on Serbia entail a prohibition to satisfy claims in relation to contracts and transactions the performance of which have been affected by measures imposed by UN Security Council Resolution 757 (1992) and related resolutions. The same sanctions regime applies in relation to Montenegro.

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Summary of Current EU Sanctions:

General

  • Prohibition to satisfy or to take any step to satisfy a claim made by any person or body referred to in para 9 of UNSC Resolution 757 (1992)

 

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News

UK passes Sanctions (Amendment) (EU Exit) Regulations 2019

The UK has passed the Sanctions (Amendment) (EU Exit) Regulations 2019, SI 2019/26, which make amendments to a number of EU sanctions regimes to ensure (inter alia) that they continue to apply within the UK after Brexit. The Regulations will come into force on exit day.

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Current Sanctions

EU UK

Council Regulation (EC) No 1733/94

Council Decision 94/366/CFSP

Sanctions and Anti-Money Laundering Act 2018

Sanctions and Anti-Money Laundering Act 2018 (Commencement No 1) Regulations 2018

Sanctions Review Procedure (EU Exit) Regulations 2018

Sanctions (Amendment) (EU Exit) Regulations 2019