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Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
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  • Partner
  • Cyprus
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
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  • British Virgin Islands
Ayana Hull
Ayana Hull
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  • Counsel
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Katerina Katsiami
Katerina Katsiami
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Petros Kiteos
Petros Kiteos
  • Petros Kiteos

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Andrew Knight
Andrew Knight
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  • Luxembourg
Evi Koutsioumpa
Evi Koutsioumpa
  • Evi Koutsioumpa

  • Senior Associate
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Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
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Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
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Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Associate
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Senior Associate
  • Cayman Islands

EU Council publishes formal text outlining a sanctions framework on Turkey

Following November’s update on EU’s adoption of framework for sanctions on Turkey, the EU Council has officially released the full text of Regulation (EU) 2019/1890 concerning restrictive measures in view of Turkey’s unauthorised drilling activities in the Eastern Mediterranean.

The regulation provides for the travel ban and freezing of funds and economic resources of listed persons, entities or bodies.  Those to be listed are deemed responsible for, or involved in the planning, preparing, participating in, directing, or assisting in, drilling activities in relation to hydrocarbon exploration and production, or hydrocarbon extraction, or providing financial, technical or material support for such activities, where these activities have not been authorised by the Republic of Cyprus.

The European Council has yet to release the official list of targeted persons, entities or bodies, the identities of which remain to be seen.

EU Council’s Published Regulation (EU) 2019/1890 can be found here.

Harneys’ blog post for sanctions on Turkey can be found here.