Council Decision 2008/842/CFSP
of 10 November 2008
amending Annexes III and IV of Common Position 2007/140/CFSP concerning restrictive measures against Iran
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to Common Position 2007/140/CFSP(1), and in particular Article 7(2) thereof,
Whereas:
(1) On 27 February 2007 the Council adopted Common Position 2007/140/CFSP, which was intended to implement United Nations Security Council Resolution 1737 (2006).
(2) On 7 August 2008 the Council adopted Common Position 2008/652/CFSP(2) amending Common Position 2007/140/CFSP and intended to implement United Nations Security Council Resolution 1803 (2008).
(3) Common Position 2008/652/CFSP provides, inter alia, that the Member States shall exercise vigilance over the activities of financial institutions within their jurisdiction with all banks domiciled in Iran, and their branches and subsidiaries abroad, in order to avoid such activities contributing to proliferation sensitive nuclear activities or to the development of nuclear weapon delivery systems.
(4) The Council has identified the branches and subsidiaries abroad of the banks domiciled in Iran to which Common Position 2008/652/CFSP applies. It should be noted that some of the entities in question are also subject to a freezing of assets under Article 5(1)(a) and (b) of Common Position 2007/140/CFSP.
(5) Annexes III and IV to Common Position 2007/140/CFSP should accordingly be amended,
HAS DECIDED AS FOLLOWS: