Ukrainian Crisis

Sanctions Resource Page

CPA Ireland has introduced a range of measures in support of Ukrainian refugees seeking to live and work in Ireland and to have their professional accountancy qualifications recognised. Please visit our dedicated webpage for more information.

As a result of the recent developing situation in Ukraine, close scrutiny has been paid to the role of sanctions in deterring further aggression by the Russian Federation. This resource is intended to aid members in their compliance with these obligations. With the pace of these measures, please refer to this resource regularly to remain in line with international obligations.

In Ireland, financial sanctions emanate from the EU and the UN, and are contained in sanctions lists. All natural and legal persons are required to comply with financial sanctions. This requires monitoring the EU and UN lists and taking appropriate action, more details of which are given below.

It is a criminal offence not to comply with sanctions and firms which do not comply also risk reputational damage.

Ireland

Refer to the following links that provide further detail on information relevant to Irish institutions.

Europe

Refer to the following guidance from the European Institutions and technical resources from Accountancy Europe.

United Kingdom

Refer to the following guidance on the United Kingdom Sanctions list, guidance for charitable donations to Ukraine, tax specific issues and insolvency considerations.

International & Other News

The UN publishes a consolidated list of all individuals and entities subject to sanctions measures imposed by the UN Security Council.

*These pages are provided as resources and information only and nothing in these pages purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by CPA Ireland in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. CPA Ireland is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.

CPA Ireland can accept no responsibility for the content on any site that is linked to/from the Institute website. Links are provided in good faith for the potential support of members and students.