Seimas tightens penalties for sanction breaches to individuals and businesses

On Thursday, the Seimas adopted amendments to the Law on International Sanctions and part of accompanying legislation imposing fines on individuals and businesses for violations of economic restrictions.

The package of proposals was drawn up by the Foreign Ministry.
The amendments to the Criminal Code, the Code of Administrative Offences and the Law on International Sanctions lay down that both natural and legal persons will be subject to penalties for breaches of not only international sanctions but also of sanctions established by Lithuanian legislation.