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Home What is the EU Consolidated List?
29 Sep 2022 By PAYCEC
The EU imposes economic sanctions on foreign governments to divulge sanctions made by financial institutions within its jurisdiction. The European Union Consolidated Financial Sanctions list includes all sanctions applicable around the world to deter threatening actions.
In particular, the EU Consolidated Sanctions list contains the list of persons, groups, and entities whom Europe forbids from disposing of their economic resources.
For example, in early 2022, Russia launched a “special military operation” in eastern Ukraine. Since then, the EU has approved seven sanctions targeting Russia. The current preventive measures include a freeze of funds, financial assets, and economic resources for an estimated 1,206 Russian individuals and 108 entities.
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