Baker McKenzie on 14th October reported that the Council of the EU had announced that it adopted a framework for targeted restrictive measures in view of the situation in Nicaragua. Sanctions are to consist of a travel ban to the EU and an asset freeze for persons, an asset freeze for entities, and EU persons and entities are forbidden from making funds available to those listed. However, EU Regulation 2019/1716/EU on 14th October contained no names in Annex I, where such names would be listed.
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