European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
On 25 June, the Council placed 7 individuals under restrictive measures in light of the situation in Myanmar/Burma. These sanctions consist of an asset freeze and a travel ban.
The individuals subject to sanctions are Myanmar/Burma army (Tatmadaw), border guard and police officials, listed because of their involvement in or association with atrocities and serious human rights violations committed against the Rohingya population in Rakhine State in the second half of 2017. These violations include unlawful killings, sexual violence and the systematic burning of Rohingya houses and buildings.
On 26 April 2018, the Council extended and strengthened the EU's arms embargo on Myanmar/Burma and prohibited the provision of military training to, and military cooperation with, the Myanmar/Burma army. It also adopted a legal framework for targeted restrictive measures against certain persons from the Myanmar armed forces (Tatmadaw) and the border guard police, making it possible, should crimes continue to go unpunished, to impose individual sanctions.
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The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
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