Joint Proposal for a COUNCIL REGULATION amending Regulation (EU) No 267/2012 concerning restrictive measures against Iran
Date: 2013-09-30
Institutions: European Commission, High Representative of the Union
Subjects: Iran, economic sanctions, international sanctions, nuclear non-proliferation, trade restriction

EUROPEAN 
COMMISSION 

HIGH REPRESENTATIVE OF THE
EUROPEAN UNION FOR
FOREIGN AFFAIRS AND
SECURITY POLICY

Brussels, 30.9.2013  
JOIN(2013) 27 final 

2013/0332 (NLE) 

Joint Proposal for a 

COUNCIL REGULATION 

amending Regulation (EU) No 267/2012 concerning restrictive measures against Iran 

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(1) 

(2) 

(3) 

(4) 

EXPLANATORY MEMORANDUM 

Council Regulation (EU) No 267/20121 of 23 March 2012 gives effect to the measures 
provided for in Decision 2010/413/CFSP concerning restrictive measures against Iran 
and provides for, inter alia, the freezing of all funds and economic resources belonging 
to, owned, held or controlled by the persons, entities and bodies listed in Annexes VIII 
and IX to the Regulation. 

On  …  October  2013,  the  Council  adopted  Decision  2013/…/CFSP2  which  amends 
Council  Decision  2010/413/CFSP  and  provides  for  an  adjusted  listing  criterion  to 
include persons and entities evading or violating restrictive measures. 

Further action by the Union is needed in order to implement these measures. 

The High Representative of the Union for Foreign Affairs and Security Policy and the 
European Commission propose to amend Regulation (EU) No 267/2012 accordingly. 

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OJ L 88, 24.3.2012, p. 1. 
OJ L , , p . 

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2013/0332 (NLE) 

Joint Proposal for a 

COUNCIL REGULATION 

amending Regulation (EU) No 267/2012 concerning restrictive measures against Iran 

THE COUNCIL OF THE EUROPEAN UNION, 

Having  regard  to  the  Treaty  on  the  Functioning  of  the  European  Union,  and  in  particular 
Article 215 thereof,  

Having  regard  to  Council  Decision  2010/413/CFSP  of  26  July  2010  concerning  restrictive 
measures against Iran and repealing Common Position 2007/140/CFSP 3, 

Having  regard  to  the  joint  proposal  from  the  High  Representative  of  the  Union  for  Foreign 
Affairs and Security Policy and the European Commission, 

Whereas: 

(1) 

(2) 

(3) 

Council  Regulation  (EU)  No  267/20124  gives  effect  to  the  measures  provided  for  in 
Decision  2010/413/CFSP  and  provides  for,  inter  alia,  the  freezing  of  all  funds  and 
economic  resources  belonging  to,  owned,  held  or  controlled  by  the  persons,  entities 
and bodies listed in Annexes VIII and IX to the Regulation. 
On  …  October  2013,  the  Council  adopted  Decision  2013/…/CFSP5  which  amends 
Council  Decision  2010/413/CFSP  and  provides  for  an  adjusted  listing  criterion  to 
include persons and entities evading or violating restrictive measures. 

That measure fall within the scope of the Treaty and regulatory action at the level of 
the Union is therefore necessary in order to implement it, in particular with a view to 
ensuring its uniform application by economic operators in all Member States. 

(4) 

Regulation (EU) No 267/2012 should therefore be amended accordingly, 

HAS ADOPTED THIS REGULATION: 

Regulation (EU) No 267/2012 is amended as follows: 

In Article 23(2), point (b), is replaced by the following: 

Article 1 

‘(b)  being  a  natural  or  legal  person,  entity  or  body  that  has  evaded  or  violated,  or 
assisted  a  listed  person,  entity  or  body  to  evade  or  violate,  the  provisions  of  this 
Regulation,  Council  Decision  2010/413/CFSP  or  UNSCR  1737  (2006),  UNSCR 
1747 (2007), UNSCR 1803 (2008) and UNSCR 1929 (2010);’ 

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OJ L 195, 27.7.2010. p. 39. 
OJ L 88, 24.3.2012, p. 1. 
OJ L , , p . 

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This Regulation shall enter into force on the day of its publication in the Official Journal of 
the European Union. 

Article 2 

This Regulation shall be binding in its entirety and directly applicable in all Member States. 

Done at Brussels, 

For the Council 
The President 

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