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Circulars – P&I – No: 2682/2022

Amended circular – Sanctions – The European Union’s 6th Sanctions Package – EU Regulation 833/2014– (the “Regulation”)

Gothenburg:

On 21 July 2022, the European Union published a Maintenance and Alignment Package. The package included amendments to Regulation (EU) No. 833/2014 which amongst other things clarified the circumstances in which the exceptions contained in Article 5 (aa) (3) may apply.

The wording of our Circular dated 1 July 2022 has been amended to reflect these changes. A copy of the revised circular may be accessed below.

A copy of the Official Journal of the EU 21 July 2022 publishing the changes may be accessed below.

All Clubs in the Group have issued a similar circular.