Europe: EU agrees its own ‘Magnitsky’ regime to sanction human rights abuses

The European Union has agreed to establish a regime similar to the Magnitsky Act in America that will allow the 27 member bloc to sanction those responsible for human rights abuses.

The decision came at a meeting of European foreign ministers in Brussels on Monday and will allow the EU to freeze assets and impose travel bans on individuals involved in serious human rights abuses.

The new measures will allow for travel bans on involved individuals and the freezing of their funds too. It could also be forbidden from making funds available to those being sanctioned.

A European Magnitsky Act, as it’s known, is named after Sergei Magnitsky, who died in a Russian jail after uncovering a huge fraud scheme allegedly involving government officials.

The original full article can be found at euronews.com

(Photo: REUTERS/Yves Herman)

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