Serbia & Montenegro/Bosnia Herzegovina
Selected documents
Overview
Financial sanctions against Serbia & Montenegro were imposed by the United Nations in May 1992 and suspended in accordance with the terms of the Dayton Peace Agreement in November 1995.
The United Nations lifted financial sanctions in October 1996 with the exception of those frozen under Resolutions 757 (1992) and 820 (1993) which related to assets and funds subject to any claims, liens, judgements or encumbrances, or funds of insolvent persons.
Financial sanctions against any persons in, or resident in, those areas of Bosnia Herzegovina under the control of the Bosnian Serb forces were introduced in September 1994 and terminated in October 1996.
Selected documents
United Nations
| 01.10.1996 | United Nations Security Council Resolution 1074 (1996) (PDF 10KB) Terminated sanctions against Serbia & Montenegro and the Bosnian Serbs. The sanctions, however, would be reconsidered if any party failed significantly to meet its obligations under the Dayton Peace Agreement on Bosnia Herzegovina. The exception set out in UNSCR 1022 (1995) remained. |
| 22.11.1995 | United Nations Security Council Resolution 1022 (1995) (PDF 15KB) Suspended sanctions against Serbia & Montenegro with exceptions. Paragraph 5 of the Resolution stated while previous sanctions remained suspended or terminated by a subsequent UNSCR, all funds and assets previously frozen under UNSCRs 757 (1992) and 820 (1993) could be released apart from assets and funds subject to any claims, liens, judgements or encumbrances, or funds of insolvent persons. Suspension would not apply to measures imposed on the Bosnian Serb party until certain conditions were met. |
| 23.09.1994 | United Nations Security Council Resolution 942 (1994) (PDF 18KB) Condemned the Bosnian Serb party for refusal to accept territorial settlement. Imposed financial sanctions against any person in, or resident in, those areas of Bosnia Herzegovina under the control of the Bosnian Serb forces. |
| 17.04.1993 | United Nations Security Council Resolution 820 (1993) (PDF 347KB) Strengthened the sanctions against Serbia & Montenegro. |
| 30.05.1992 | United Nations Security Council Resolution 757 (1992) (PDF 355KB) Imposed financial and other sanctions on Serbia & Montenegro. |
European Union
| 09.12.1996 | Council Regulation (EC) No 2382/1996 (PDF 74KB) Implemented UNSCR 1074 (1996) in the EU. Replaced Council Regulation (EEC) No 990/93 and Council Regulation (EC) No 2471/94. |
| 10.10.1994 | Council Regulation (EC) No 2471/1994 (PDF 97KB) Implemented UNSCR 942 (1994) in the EU. |
| 26.04.1993 | Council Regulation (EEC) No 990/1993 (PDF 82KB) Implemented UNSCR 820 (1993) in the EU. Replaced Council Regulation (EEC) No 1432/92. |
| 01.06.1992 | Council Regulation (EEC) No 1432/1992 (PDF 77KB) Implemented UNSCR 757 (1992) in the EU, imposing economic sanctions against Serbia & Montenegro. |
UK legislation
| 19.10.1994 | The Former Yugoslavia (United Nations Sanctions) Order 1994 (SI 1994/2673) (PDF 129KB) Imposed restrictions pursuant to UNSCR 942 (1994) on persons connected with the Bosnian Serb controlled areas of Bosnia Herzegovina. Amended the Serbia and Montenegro (United Nations Sanctions) Order 1993 (SI 1993/1188). |
| 01.05.1993 | The Serbia and Montenegro (United Nations Sanctions) Order 1993 (SI 1993/1188) (PDF 156KB) Gave effect in the UK to certain provisions of UNSCR 820 (1993) on Serbia & Montenegro. |
| 05.06.1992 | The Serbia and Montenegro (United Nations Sanctions) Order 1992 (SI 1992/1302) (PDF 145KB) Imposed restrictions on Serbia & Montenegro pursuant to UNSCR 757 (1992). |
Releases
The releases link to the Bank of England website and will open in a new window.
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