The United Nations Security Council, acting under Chapter VII of the Charter of the United Nations, has adopted several resolutions imposing sanctions against governments, persons or entities. These UN sanctions regimes have been transposed into European law by the European Union, making them directly applicable in Belgium. A consolidated list of United Nations Security Council sanctions is available.
The direct application of the financial sanctions imposed by the UN is of high importance as it will prevent persons or entities whose funds have been frozen in accordance with a UN sanction regime, from running off with or disposing of their funds.
For this reason, the minister of Finance will publish a Ministerial Decree each time the UN has frozen funds of one or more persons or entities in accordance with the sanction regime in the context of the fight against the financing of terrorism or the financing of the proliferation of weapons of mass destruction.
These Ministerial Decrees will oblige all parties concerned to immediately apply the UN freezing measures. Consequently, there will be no need to await the implementation of the freezing measures until they have been transposed into European law.
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The following list contains the Ministerial Decrees adopted in relation to freezing measures within the framework of:
