EU Council Adopts Iran Sanctions Implementing Regulation

On October 25, 2010, the EU Council of Ministers adopted Regulation No 961/2010 on restrictive measures against Iran. The Regulation implements the Council Decision adopted on July 26, 2010. The Decision was binding on Member States, but not directly on natural or legal persons. The Regulation is directly applicable in Member States and entered into force on October 27, 2010.