The United Nations and the European Union establish restrictive measures to change actions or policies that violate International law or human rights, or that do not respect the rule of law or democratic principles. These sanctions, of a diplomatic or economic nature, are imposed by UN Security Council Resolutions and EU Regulations and may be addressed to countries, organisations, and persons.
The European Union adopts restrictive measures both when implementing binding resolutions of the UN Security Council and on its own initiative. The European Union must observe the terms of the UN Security Council Resolutions, but may also decide to adopt more restrictive measures.
Freezing of funds and resources and other financial sanctions
Among the applicable restrictive measures, stress should be laid on the freezing of funds and resources and other financial sanctions.
The United Nations and the EU periodically approve lists of persons and entities linked to terrorist groups, associations or organisations whose funds, financial assets or economic resources should be frozen, including funds stemming from assets that are directly or indirectly under their control.
The freezing of funds and resources imposed by UN Security Council Resolutions or by EU Regulations is mandatory. Non-compliance with this duty is punishable under Law No 11/2002 of 16 February 2002.
Under ‘Related information’ you can find more information on restrictive measures, including the consolidated lists of persons, groups or entities subject to financial sanctions, obtained from the websites of the UN, European Union, and the Portuguese Government.