TSI - Effective and uniform implementation of the sanctions regime in EU member states
- Enhancing the authorities’ capacities to identify the persons and entities in effective control of companies and mitigate risks related to breaches of sanctions; and
- Strengthening the capacities of the relevant authorities to mitigate risks related to evasion of sanctions through use of virtual assets (VAs).
Areas of specific focus include the review of practices and methodologies for the identification of persons or entities in effective control of a company and possible circumvention of sanctions through disinvestment, as well as a review of existing freezing and seizing practices in EU Member States related to assets of companies controlled by designated persons or entities and possible evasion of sanctions through disinvestment or related misuse of company structure. The project will furthermore conduct an analysis of practical application of market entry requirements and effective supervision of virtual assets service providers, and identify tools for analysing and monitoring transactions through blockchain, both at the level of obliged entities (e.g. virtual assets service providers and banks) and of the supervisors.
The total project budget is 294,445 Euros. The project is funded by the European Union via the Technical Support Instrument and implemented by the Council of Europe - Economic Crime and Cooperation Division, in cooperation with the European Commission.
Closing Conference of the Technical Support Instrument (TSI) initiative on effective implementation of EU sanctions’ regime
The Council of Europe’s Economic Crime and Cooperation Division, in cooperation with the European Commission (Directorate General for Structural Reform Support – DG REFORM) hosted the Project Closing Conference “Implementation of EU sanctions’ regime: status of practice and the way forward” which...
Workshop “New technologies and effective implementation of EU sanctions”
Representatives from eighteen EU Member States participated in the Workshop “New technologies and effective implementation of EU sanctions” organised in Riga, Latvia, on 25 April 2023 by the Council of Europe’s Economic Crime and Cooperation Division in cooperation with the European Commission,...
Workshop “Enhancing effectiveness of implementation of EU sanctions by the private sector”
More than 550 participants, representatives of private sector entities and professionals from the EU Member States, joined the Workshop “Enhancing effectiveness of implementation of EU sanctions by the private sector” which was organised on 24 April 2023 in Riga, Latvia, by the Council of...
Unit for EU Member States & Neighbourhood
Administrator
M. Tomislav SERTIC
Phone: +33 (0)3 90 21 46 16
Email: Tomislav.SERTIC [at] coe.int
Senior Project Officer
Mr Nacho ESPINOSA
Phone: +33 (0)3 88 41 30 83
Email: Ignacio.ESPINOSA [at] coe.int
Junior Project officer
Ms Zahra GANJI
Phone: +33 (0)3 90 21 59 23
Email: Zahra.GANJI [at] coe.int
Junior Project officer
M. Thomas KURC
Phone: +33 (0)3 90 21 49 27
Email: Thomas.KURC [at] coe.int
Project Assistant
Mr Simeon SIMEONOV
Phone: +33 (0)3 90 21 58 45
Email: Simeon.SIMEONOV [at] coe.int
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