In the Republic of Crimea expiration of the moratorium on penalties and financial sanctions was extended until June 1, 2014

The State Council of the Republic of Crimea made amendments to the Decree of March 26, 2014 “On canceling penalties and financial sanctions”.

The decree “On introducing changes to the Decree of the State Council of the Republic of Crimea on 26 March 2014 № 1853-6/14 “On canceling penalties and financial sanction” stipulates that a moratorium on penalties and financial sanctions are effective from March 20, 2014 until June 1, 2014.