Council Regulation (EC) No 2488/2000 of 10 November 2000 maintaining a freeze of funds in relation to Mr Milosevic and those persons associated with him and repealing Regulations (EC) Nos 1294/1999 and 607/2000 and Article 2 of Regulation (EC) No 926/98
Modified by
  • Commission Regulation (EC) No 1205/2001of 19 June 2001amending, for the first time, Council Regulation (EC) No 2488/2000 maintaining a freeze of funds in relation to Mr Milosevic and those persons associated with him, 301R1205, June 20, 2001
  • Actconcerning the conditions of accession of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic and the adjustments to the Treaties on which the European Union is founded, 103T, September 23, 2003
  • Commission Regulation (EC) No 68/2006of 16 January 2006amending Council Regulation (EC) No 2488/2000 maintaining a freeze of funds in relation to Mr Milosevic and those persons associated with him, 306R0068, January 17, 2006
Council Regulation (EC) No 2488/2000of 10 November 2000maintaining a freeze of funds in relation to Mr Milosevic and those persons associated with him and repealing Regulations (EC) Nos 1294/1999 and 607/2000 and Article 2 of Regulation (EC) No 926/98 THE COUNCIL OF THE EUROPEAN UNION,Having regard to the Treaty establishing the European Community, and in particular Articles 60 and 301 thereof,Having regard to Common Position 2000/599/CFSP of 9 October 2000 on support to a democratic FRY and the immediate lifting of certain restrictive measuresOJ L 261, 14.10.2000, p. 1., and to Common Position 2000/696/CFSP of 10 November 2000 on the maintenance of specific restrictive measures directed against Mr Milosevic and persons associated with himSee page 1 of this Official Journal.,Having regard to the proposal from the Commission,Whereas:(1)On 15 June 1999, the Council adopted Regulation (EC) No 1294/1999 concerning a freeze of funds and a ban on investment in relation to the Federal Republic of Yugoslavia (FRY)OJ L 153, 19.6.1999, p. 63. Regulation as last amended by Commission Regulation (EC) No 1440/2000 (OJ L 161, 1.7.2000, p. 68). because of the continued violation of human rights and international humanitarian law by the Government of that country.(2)Following the elections on 24 September 2000, a new President of the FRY was democratically elected and formally sworn in, namely Mr V. Kostunica.(3)On 9 October 2000, the Council approved a declaration on the FRY calling for a lifting of all sanctions imposed on the FRY since 1998, with the exception of the provisions affecting the former President of the FRY, Mr Slobodan Milosevic and those persons associated with him, as they continue to represent a threat to the consolidation of democracy in the FRY.(4)Therefore, the scope of provisions of the present legal framework concerning the freezing of funds held abroad by the Governments of the FRY and of the Republic of Serbia should be restricted to cover Mr. Milosevic and the persons associated with him.(5)These measures fall within the scope of the Treaty.(6)Therefore, and with a view to avoiding distortion of competition, Community legislation is necessary for the implementation of the said measures as far as the territory of the Community is concerned. Such territory is deemed to encompass, for the purposes of this Regulation, all the territories of the Member States to which the Treaty is applicable, under the conditions laid down in that Treaty.(7)The competent authorities of the Member States should, where necessary, be empowered to ensure compliance with the provisions of this Regulation.(8)There is a need for the Commission and the Member States to inform each other of the measures taken under this Regulation and of other relevant information at their disposal in connection with this Regulation, without prejudice to existing obligations with regard to certain items concerned.(9)It is desirable that penalties for violations of the provisions of this Regulation can be imposed as of the date of the entry into force of this Regulation.(10)For reasons of transparency and simplicity, the main provisions of Regulation (EC) No 1294/1999 have been incorporated into this Regulation and therefore the former Regulation shall be repealed. For the same reasons, Regulation (EC) No 607/2000OJ L 73, 22.3.2000, p. 4. Regulation as last amended by Regulation (EC) No 2227/2000 (OJ L 261, 14.10.2000, p. 3). and Article 2 of Regulation (EC) No 926/98OJ L 130, 1.5.1998, p. 1. should also be repealed.(11)A procedure should be laid down for amending the Annexes to this Regulation and for granting specific exemptions for strictly humanitarian purposes.(12)The measures necessary for the implementation of this Regulation should be adopted in accordance with Council Decision 1999/468/EC of 28 June 1999 laying down the procedures for the exercise of implementing powers conferred on the CommissionOJ L 184, 17.7.1999, p. 23.,HAS ADOPTED THIS REGULATION:
Article 11.All funds held outside the territory of the Federal Republic of Yugoslavia belonging to Mr Milosevic and to natural persons associated with him, as listed in Annex I, shall be frozen.2.No funds shall be made available, directly or indirectly, to or for the benefit of any person referred to in paragraph 1.3.For the purpose of this Regulation:funds means: financial assets and economic benefits of any kind, including, but not necessarily limited to, cash, cheques, claims on money, drafts, money orders and other payment instruments; deposits with financial institutions or other entities, balances on accounts, debts and debt obligations; publicly and privately traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures, derivatives contracts; interest, dividends or other income on or value accruing from or generated by assets; credit, right of set-off, guarantees, performance bonds or other financial commitments; letters of credit, bills of lading, bills of sale; documents evidencing an interest in funds or financial resources, and any other instrument of export-financing;freezing of funds shall mean: preventing any move, transfer, alteration, use of or dealing with funds in any way that would result in any change in their volume, amount, location, ownership, possession, character, destination or other change that would make possible the use of the funds, including portfolio management, except that any interest or income arising or any capital automatically repayable on maturity of any funds shall be paid into and held in a frozen account.
Article 21.The participation, knowingly and intentionally, in related activities, the object or effect of which is, directly or indirectly, to promote the transactions or activities referred to in Article 1 or to circumvent the provisions of this Regulation shall be prohibited.2.Any information that the provisions of this Regulation are being, or have been circumvented shall be notified to the competent authorities of the Member States as listed in Annex II and/or the Commission.
Article 31.Without prejudice to the applicable rules concerning reporting, confidentiality and professional secrecy and to the provisions of Article 284 of the Treaty, banks, other financial institutions, insurance companies, and other bodies and persons shall:(a)provide immediately any information which would facilitate compliance with this Regulation, such as accounts and amounts frozen in accordance with Article 1:to the competent authorities of the Member States listed in Annex II where they are resident or located, anddirectly or through these competent authorities to the Commission,(b)cooperate with the competent authorities listed in Annex II in any verification of this information.2.Any information provided or received in accordance with this Article shall be used only for the purposes for which it was provided or received.3.Any information directly received by the Commission shall be made available to the competent authorities of the Member States concerned.
Article 41.The measures necessary for the implementation of this Regulation relating to the matters referred to below with the exception of those referred to in paragraph (c) shall be adopted in accordance with the management procedure referred to in Article 5(2).2.The Commission shall be empowered:(a)to amend Annex I, taking into account decisions implementing Common Position 2000/696/CFSP,(b)on an exceptional basis, to grant exemptions to Article 1 for strictly humanitarian purposes.(c)on the basis of information supplied by Member States, to amend data on competent authorities of the Member States listed in Annex II.3.Any request by a person for an exemption referred to in paragraph 2(b) or for an amendment of Annex I shall be made through the competent authorities of the Member States listed in Annex II.The competent authorities of the Member States shall verify, to the fullest extent possible, the information provided by the persons making a request.
Article 51.The Commission shall be assisted by the Committee established under Regulation (EC) No 2271/96.2.Where reference is made to this paragraph, Articles 4 and 7 of Decision 1999/468/EC shall apply.The period laid down in Article 4(3) of Decision 1999/468/EC shall be set at 10 working days.3.The Committee shall adopt its rules of procedure.
Article 61.The Committee referred to in Article 5 shall examine all questions concerning the application of this Regulation, which may be raised either by the chairman or by a representative of a Member State.2.The Committee shall regularly review the effectiveness of the provisions of this Regulation and the Commission shall, on the basis of that review, report regularly to the Council.
Article 7The Commission and the Member States shall inform each other of the measures taken under this Regulation and supply each other with the relevant information at their disposal in connection with this Regulation, in particular information received in accordance with Article 3, and in respect of violation and enforcement problems or judgments handed down by national courts.
Article 8Each Member State shall determine the sanctions to be imposed where the provisions of this Regulation are infringed. Such sanctions shall be effective, proportionate and dissuasive. Pending the adoption, where necessary, of any legislation to this end, the sanctions to be imposed where the provisions of this Regulation are infringed shall be those determined by the Member States in accordance with Article 12 of Regulation (EC) No 1294/1999.
Article 9Regulations (EC) Nos 1294/99 and 607/2000 and Article 2 of Regulation (EC) No 926/98 shall be repealed.
Article 10This Regulation shall apply:within the territory of the Community including its airspace,on board any aircraft or any vessel under the jurisdiction of a Member State,to any person elsewhere who is a national of a Member State,to any body which is incorporated or constituted under the law of a Member State.
Article 11This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.ANNEX I
Milosevic, SlobodanFormer President of the Federal Republic of Yugoslavia, born at Pozarevac, Republic of Serbia, on 20 August 1941
Gajic-Milosevic, MilicaDaughter-in-law, born 1970
Markovic, MirjanaWife, born on 10 July 1942
Milosevic, BorislavBrother, born 1936
Milosevic, MarijaDaughter, born 1965
Milosevic, MarkoSon, born on 2 July 1974
Milutinovic, MilanPresident of Serbia, born at Belgrade, Republic of Serbia, on 19 December 1942
Ojdanic, DragoljubFormer Minister of Defence, born at Ravni, Republic of Serbia, on 1 June 1941
Sainovic, NikolaFormer Deputy Prime Minister, born at Bor, Republic of Serbia, on 7 December 1948
Stojilkovic, VlajkoFormer Minister of the Interior, born at Mala Krsna, Republic of Serbia, in 1937
Mrksic, MileIndicted by International Criminal Tribunal for former Yugoslavia (IT-95-13a), born near Vriginmost, Croatia, on 20 July 1947
Radic, MiroslavIndicted by International Criminal Tribunal for former Yugoslavia (IT-95-13a), born on 1 January 1961
Sljivancanin, VeselinIndicted by International Criminal Tribunal for former Yugoslavia (IT-95-13a), born near Zabljak, Republic of Montenegro, on 13 June 1953
ANNEX IIList of competent authorities referred to in Articles 2(2), 3 and 4BELGIUMMinistère des finances"Trésorerie"Avenue des Arts 30B-1040 BruxellesFax (32 2) 233 75 18CZECH REPUBLICMinisterstvo financíFinanční analytický útvarP.O. BOX 675Jindřišská 14111 21 Praha 1Tel.: +420 2 57044501Fax.: +420 2 57044502DENMARKErhvervsfremmestyrelsenLangelinie Allé 17DK-2100 København ØTlf. (45) 35 46 60 00Fax (45) 35 46 62 03GERMANYDeutsche BundesbankServicezentrum FinanzsanktionenD-80281 MünchenTel.: (49-89) 28 89 38 00Fax: (49-89) 35 01 63 38 00ESTONIAFinantsinspektsioonSakala 415030 TallinnTel: +372 66 80 500Fax: +372 66 80 501GREECEΥπουργείο Εθνικής ΟικονομίαςΓενική Γραμματεία Διεθνών Οικονομικών ΣχέσεωνΓενική Διεύθυνση Εξωτερικών Οικονομικών και Εμπορικών ΣχέσεωνΔιευθυντής Β. ΒουτσινάςΕρμού και Κορνάρου 1Ελλάς-105 63 ΑθήναΤηλ: (301) 32 86 431-32Φαξ: (301) 32 86 434(Ministry of National EconomySecretariat-General for International Economic RelationsDirectorate-General for External Economic and Trade Relations)Director V. Voutsinas-105 63Ermou and Cornarou 1GR-105 63 AthensTel. (301) 32 86 431-32Fax (301) 32 86 434SPAINMinisterio de EconomíaDirección General de Comercio e InversionesPaseo de la Castellana, 162E-28046 MadridTel.: (34 91) 349 39 83Fax: (34 91) 349 35 62Dirección General del Tesoro y Política FinancieraPaseo del Prado, 6E-28014 MadridTel.: (34 91) 209 95 11Fax: (34 91) 209 96 56FRANCEMinistère de l'économie, des finances et de l'industrieDirection du TrésorBureau E1139, rue du BercyF-75572 Paris—cedex 12 SPIRELANDArticles 2(2) and 3Central Bank of IrelandFinancial Markets DepartmentDame StreetDublin 2IrelandTel. (353 1) 671 66 66Article 4(2)Department of Foreign AffairsBilateral Economic Relations Section76-78 Hartcourt StreetDublin 2IrelandTel. (353 1) 408 24 92ITALYMinistero del Commercio estero - ROMAGabinettoTel. (39 06) 59 93 23 10Fax (39 06) 59 64 74 94CYPRUSΥπουργείο ΕξωτερικώνΛεωφόρος Προεδρικού Μεγάρου1447 Λευκωσία(Ministry of Foreign AffairsPresidential Palace Avenue1447 Nicosia) Tel: +357-22-300600Fax: +357-22-661881Γενικός Εισαγγελέας της ΔημοκρατίαςΟδός Απελλή Αρ. 11403 Λευκωσία(Attorney General of the Republic1 Apellis Street1403 Nicosia) Tel: +357-22-889100Fax: +357-22-665080LATVIALatvijas Republikas Ārlietu ministrijaBrīvības bulvāris 36RīgaLV 1395Tel: +371 7016201Fax: +371 7828121LITHUANIALietuvos Respublikos užsienio reikalų ministerijaJ.Tumo-Vaižganto 2LT-2600 VilniusTel: +370 5 236 24 44Fax. +370 5 231 30 90LUXEMBOURGMinistère des affaires étrangèresDirection des relations économiques internationales et de la coopérationBP 1602L-1016 LuxembourgHUNGARYPénzügyminisztériumJózsef nádor tér 2-4.1051 BudapestTel: +36-1-327 2100Fax: +36-1-318 2570MALTABord ta' Sorveljanza dwar is-SanzjonijietDirettorat ta' l-Affarijiet MultilateraliMinisteru ta' l-Affarijiet BarraninPalazzo ParisioTriq il-MerkantiValletta CMR 02Tel: +356 21 24 28 53Fax: +356 21 25 15 20NETHERLANDSMinister van FinanciënDirectie Financiële Markten/Afdeling IntegriteitPostbus 202012500 EE Den HaagThe NetherlandsTelefoon: (31-70) 342 8997Telefax: (31-70) 342 7984AUSTRIABundesministerium für wirtschaftliche AngelegenheitenAbteilung II/A/2Landstrasser Hauptstraße 55-57A-1030 WienÖsterreichische NationalbankOtto Wagnerplatz 3A-1090 WienTel. (43 1) 40 420POLANDMinisterstwo Spraw ZagranicznychDepartament Prawno - TraktatowyAl. J. Ch. Szucha 23PL-00-580 WarszawaTel: +48 22 523 93 48Fax: +48 22 523 91 29PORTUGALMinistério das FinançasDirecção-Geral dos Assuntos Europeus e Relações InternacionaisAvenida Infante D. Henrique, n.o 1C, 2.oP-1100-273 LisboaSLOVENIAArticles 2(2), and 3Banka SlovenijeSlovenska 351505 LjubljanaTel.: +386 (1) 471 90 00Fax: +386 (1) 251 55 16http://www.bsi.siSLOVAKIAMinisterstvo financiíŠtefanovičova 5817 82 BratislavaTel: +421 2 5958 2201Fax: +421 2 5249 3531FINLAND/SUOMIUlkoasiainministeriöPL 176FIN-00161 HelsinkiUtrikesministerietPB 176FIN-00161 HelsingforsSVERIGEArticle 2(2)RikspolisstyrelsenBox 12256SE-102 26 StockholmTfn (46-8) 401 90 00Fax (46-8) 401 99 00Article 3FinansinspektionenBox 6750SE-113 85 StockholmTfn (46-8) 787 80 00Fax (46-8) 24 13 35Article 4(3)FörsäkringskassanSE-103 51 StockholmTfn (46-8) 786 90 00Fax (46-8) 411 27 89UNITED KINGDOMBank of EnglandSanctions Emergency UnitLondon EC2R 8AHUnited KingdomTel. (44-207) 601 46 07Fax (44-207) 601 43 09HM TreasuryInternational Financial ServicesParliament StreetLondon SW1P 3AGUnited KingdomTel. (44-207) 207 55 50Fax (44-207) 207 43 65For Gibraltar:Ernest MontadoChief SecretaryGovernment SecretariatNo. 6 Convent PlaceGibraltarUnited KingdomTel. (350) 75707Fax (350) 587 5700