022/16/Gen.Inf. Libyan Sanctions: Consolidating Regulation issued by EU

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The EU has consolidated all of its recent measures against Libya into a single new Regulation 2016/44, published on 18 January 2016.

The Regulation would not appear to implement any new measures against Libya. It very broad terms it remains prohibited for any EU entity to:
•Supply materials used for internal repression [Article 2] •Supply goods on the Common Military List [Article 3] •Provide funds and economic resources to designated persons listed in Annex II and II of the Regulation [Article 5] •Transport Libyan crude on “designated vessels” as determined by the Sanctions Committee of the Security Council and shown in Annex V of the Regulation (though none are currently listed) [Article 15]

The list of designated persons shown in Annex II and III remains mostly comprised of persons and entities who supported the Qadhafi regime.

⚠ The West of England P&I Club advises operators to check the names of all parties to a transaction involving Libya against those lists and to contact the Managers with any questions concerning the impact of these measures and any other sanctions matters.

Source: The West of England P&I Club

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Thank you & Best Regards,

Eng. Dimitrios Nikolaos Spanos
Lead Maritime Auditor / Principal Surveyor
Member of IRCA, IIMS, ELINT, HELMEPA & Nautical Institute

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