The Burma/Myanmar (Financial Restrictions) (Revocation) Regulations 2013
Council Regulation (EC) No. 194/2008 (“the first Council Regulation”) of 25 February 2008 renewing and strengthening the restrictive measures in respect of Burma/Myanmar and repealing Regulation (EC) No. 817/2006 (O.J. L 66, 10.3.2008, p.1) contains various sanctions measures imposed in respect of Burma/Myanmar. Those measures include financial sanctions which require the funds and economic resources of certain persons, entities and bodies to be frozen and which impose restrictions on the financing of certain enterprises. Parts 3 and 5 of the Burma/Myanmar (Financial Restrictions) Regulations 2009 (S.I. 2009/1495, “the 2009 Regulations”) provide for criminal penalties for breach of the financial sanctions provisions of the first Council Regulation.