12/04/24 (Agence Europe) – On Friday 12 April, the Council of the European Union formally adopted the new European Directive on freezing and confiscating criminal assets (see EUROPE B13370A30), which will also apply to sanctions violations. Member States will have to allow assets to be frozen and, in the event of a conviction, criminal assets to be confiscated. When criminal assets or property of the same value are transferred to a third party, it must also be possible to confiscate them...