EU restrictive measures: new offences and the impact on businesses – The article by Andrea Puccio and Andrea Guarnera on Borsa&Finanza

With Legislative Decree No. 211 of 30 December 2025, Italy has implemented Directive (EU) 2024/1226, introducing a comprehensive and stricter framework governing violations of European Union restrictive measures.

These restrictions, which include, among other things, import-export bans, investment limitations, prohibitions on the provision of certain services, arms embargoes, and the freezing of funds, are now backed by a strengthened sanctions regime. The decree introduces new criminal offences into the Italian Criminal Code, expands corporate liability under Legislative Decree 231/2001, and provides for custodial sentences, turnover-based fines, and significant disqualification measures.

In their article on Borsa&Finanza, Andrea Puccio and Andrea Guarnera analyse the key regulatory developments and their operational implications for businesses.

To learn more, read the full article here.