EU LIFTS SANCTIONS ON SLOBODAN MILOSEVIC, 8 YEARS AFTER HIS DEATH

The European Union has just lifted sanctions on Mr Milosevic (former President of the Federal Republic of Yugoslavia (FRY)).

In 2000 the EU lifted sanctions on the FRY, with the exception of the provisions directed against Mr Milosevic and persons associated with him, on the basis that they continued to “represent a threat to the consolidation of democracy in the FRY”.  Accordingly, Council Regulation (EC) No 2488/2000 froze funds and other financial resources held outside the FRY belonging to Mr Milosevic and to “natural persons associated with him”.

The European Union has just published Decision 2014/742/CFSP and Regulation 1145/2014 (both of 28 October 2014), which repeal those measures on the basis that “there are no grounds to continue applying those restrictive measures” because Mr Milosevic and associates “no longer represent a threat to the consolidation of democracy”.  Mr Milosevic died in March 2006, 8 years ago.

HM Treasury’s notice, which lists the people to whom these measures no longer apply (published on 29 October 2014) is here.