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Estonia · Law · SE

721

International Sanctions Law

avaldatud riigiteatajasEstonia· Riigikogu· ET

Introduced

15 October 2018

Last action

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Status

AVALDATUD_RIIGITEATAJAS

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Subjects

Discovery layer

Source updated

20 February 2019

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Summary

The bill updates and organizes the international sanctions law. The draft of the full text of the new international sanctions law has four main objectives: to correct the distribution of competences for the domestic implementation of international sanctions in such a way that it is consistent with advanced sanctions regimes; to add the legal framework concerning the establishment of the sanction of the Government of the Republic for situations where the UN cannot reach an agreement on the establishment of sanctions, or to an agreement in the EU; to update the special financial sanction regulation and to amend the Penal Code in such a way that it enables efficient prosecution of sanctions violations. The new law has a positive effect on Estonia's foreign relations, as it helps to fulfill Estonia's obligation under international and EU law to promptly and correctly implement international sanctions. The updated regulation also has a positive domestic effect because the obligations related to the implementation of the sanction become more understandable for both the public and private sectors.

Machine translation from Estonian. The official text remains authoritative.

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Documents

26 official files

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