Press Release: EU sanctions against Iran: Council defines scope of October measures

The Council today (21.12.2012) approved the implementing legislation for the most recent EU restrictive measures in response to the Iranian nuclear programme. The publication of a regulation in the Official Journal will ensure the full legal effect of the measures adopted on 15 October. Besides, the Council also added entities and a person to the list of
those subject to restrictive measures.
The regulation giving effect to the October measures further defines the prohibition regarding participation in transactions with Iranian financial institutions, unless authorised in advance.