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24 June 2020

Economic sanctions: the European Commission clarifies the applicability of restrictive measures to not listed entities, controlled by a designated person

In the context of restrictive measures adopted pursuant to Article 215 of the Treaty on the Functioning of the European Union, national competent authorities (“NCA”) of the Member States may request the Commission to provide its views on the application of specific provisions of the relevant legal acts or to provide guidance on their implementation.

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