Interfax-Ukraine
News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.
European Commission proposes five-year prison term for assisting Russia in circumventing sanctions.
The European Commission made a proposal on Friday to bring restrictive measures taken against those who violate the sanctions imposed by the European Union against Russia in response to the war unleashed by the Russian Federation against Ukraine into line with EU law. This, in particular, implies the possibility of criminal prosecution and punishment of up to five years in prison.
"The implementation of EU restrictive measures following the Russian attack on Ukraine shows the complexity of identifying assets owned by oligarchs, who hide them across different jurisdictions through elaborate legal and financial structures. The proposed Directive will establish the same level of penalties in all Member States," the press release published on the European Commission's website says.
"Thereby it will close existing legal loopholes and increase the deterrent effect of violating EU sanctions in the first place," the European Commission said.
"Depending on the offence, the individual person could be liable to a maximum penalty of at least five years in prison; companies could be liable to penalties of no less than 5% of the total worldwide turnover of the legal person (company) in the business year preceding the fining decision," the European Commission said in the document.
It is proposed to include in the list of violations related to the violation of the EU sanctions regime and subject to criminal prosecution, in particular: making funds or economic resources available to, or for the benefit of, a designated person, entity or body; enabling the entry of designated people into the territory of a Member State or their transit through the territory of a Member State; entering into transactions with third countries, which are prohibited or restricted by EU restrictive measures; trading in goods or services whose import, export, sale, purchase, transfer, transit or transport is prohibited or restricted; providing financial activities which are prohibited or restricted; or providing other services which are prohibited or restricted, such as legal advisory services, trust services and tax consulting services.
"The proposal will now be discussed by the European Parliament and the Council as part of the ordinary co-legislative procedure," the European Commission said.
Shells within Czech initiative to begin to arrive in Ukraine at end of May – Borrell.
The first deliveries of ammunition purchased for the Ukrainian army as part of the Czech initiative to purchase shells outside the European Union could be delivered to Ukraine as early as late May – early June, EU diplomacy Chief Josep Borrell sai...
Coordination centre for integrated border management opened in Ukraine – Border Guard Service.
The Coordination Centre for Integrated Border Management has started work in Ukraine, designed to provide monitoring and coverage of the situation on the state border, the State Border Guard Service of Ukraine said.
New manager of seized assets instead of Vozdvizhenka residential complex to be selected by June 12 – head of ARMA.
KYIV. April 22 (Interfax-Ukraine) – The National Assets Recovery and Management Agency of Ukraine (ARMA) will hold a competition to select a new manager of a number of assets instead of Vozdvizhenka Residential Complex LLC until June 12 to ensure ...
Biden assures Zelenskyy that if approved by Senate, he would immediately sign law on aid to Ukraine.
President of Ukraine Volodymyr Zelenskyy had a phone conversation with U.S. President Joe Biden, during which, in particular, the first package of U.S. defense assistance was discussed.
Synehubov reports digital TV signal interruption in Kharkiv region after enemy attack on infrastructure.
Russian occupation forces inflicted a strike on the television infrastructure in Kharkiv on Monday, Head of Kharkiv Regional Military Administration Oleh Synehubov has said.
Why this could be TikTok's last year in the US I DW News.
American lawmakers have passed a bill which could lead to a ban on TikTok. The bi-partisan legislation forces the popular social media platform to divest itself from its Chinese parent company Bytedance or face a nationwide ban. The bill gives Tik...
Biden focusing in on 'climate emergency' to gain youth vote.
'The Big Weekend Show' co-hosts react to the White House renewing internal talks on invoking a climate emergency as activists push for action from President Biden. #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel L...
Liz Truss refuses to apologise over higher mortgage rates.
Sky's Ed Conway speaks to former Prime Minister Liz Truss following the release of her new book, 'Ten Years To Save The West'. Ms Truss refused to apologise over UK mortgage rates which increased during her time in office and put the blame firmly ...
Bobby Gunn: Bare-knuckle boxing means 'everything' to me.
Bare-knuckle champion Bobby Gunn shares what his sport means to him and his family line with 'One Nation.' #foxnews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompassing...
Coral Reefs, Cooked: A Climate Change Case Study
Two top scientific bodies recently announced that coral reefs around the world are experiencing a mass bleaching event for just the fourth time. It comes amid surging ocean temperatures over the past year, which has been the warmest on record. In ...
AI is targeting white-collar jobs, too: Mike Rowe
How America Works' host Mike Rowe tells 'One Nation' that 'we're the clouds from which the snowflakes fell' when it comes to generational work ethic.