Explanatory Memorandum to JOIN(2015)8 - Amendment of Council Regulation (EC) No 314/2004 concerning certain restrictive measures in respect of Zimbabwe - Main contents
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| dossier | JOIN(2015)8 - Amendment of Council Regulation (EC) No 314/2004 concerning certain restrictive measures in respect of Zimbabwe. |
|---|---|
| source | JOIN(2015)8  |
| date | 12-03-2015 |
Council Regulation (EC) No 314/2004 of 19 February 2004 concerning certain restrictive measures in respect of Zimbabwe i implements several restrictive measures provided for by Council Decision 2011/101/CFSP of 15 February 2011 concerning restrictive measures against Zimbabwe i, including the freezing of funds and economic resources of certain natural or legal persons, entities and bodies.
On 19 February 2015 the Council adopted a Council Decision amending Decision 2011/101/CFSP with the aim of removing the names of five deceased persons from Annex I and II to that Decision.
That measure is implemented at the level of the Union and therefore further action by the Union is needed in order to implement it.
On 19 February 2015 Commission Implementing Regulation (EU) 2015/275 removed those five persons from Annex III to Regulation (EC) No 314/2004.
It is necessary to update Annex IV to Council Regulation (EU) No 314/2004 accordingly.