On December 2, 2020, the Verkhovna Rada of Ukraine held a Joint Committee Hearing on “Application, Implementation and Monitoring of Special Economic and other Restrictive Measures (Sanctions)”. Representatives of the parliamentary corps, of the authorized state bodies, also as the independent experts discussed the improvement of the legislation on sanctions, in particular in the Crimean dimension.
In his speech at the event, professor Boris Babin noted that since sanctions in Ukraine are imposed by decisions of the National Security and Defense Council of Ukraine, so coordination of the executive power bodies and the special services in this area, monitoring the implementation of sanctions and bringing perpetrators to justice must not be provided to other state bodies, except this Council and its Secretariat, for which it is necessary to strengthen the powers of the Council and the Secretariat, of their officials, including their competence in the control area.
It was noted that the legal responsibility for the individuals and legal entities, violating the sanctions regime, should primarily has the material nature, be in the form of fines for the relevant administrative offenses and of the confiscation the offences’ tools by the decisions of court. Such approach was shared by a significant number of participants in the Hearings.