Security & Defense

#ECOT2615833AFrance Freezes Assets Linked to Mohamed Yamine Makri and SODELIM for Six Months

🇫🇷France··Other·Low Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

France freezes the funds and economic resources of Mohamed Yamine Makri, SODELIM, its secondary establishment Centre Tawhid, and any entities they own, control, or direct. The freeze lasts six months from publication in the French Official Journal. Banks, businesses, nonprofits, and other counterparties must not make funds or economic resources available to these listed persons or entities, directly or indirectly. Anyone dealing with them should screen transactions and relationships immediately.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Freezes funds and economic resources linked to Mohamed Yamine Makri, SODELIM, and Centre Tawhid for six months
  • Extends the freeze to entities owned, controlled, or directed by the listed person or entities
  • Bans the direct or indirect provision or use of funds or economic resources for their benefit

Obligations

What this law requires

critical

Freeze all funds and economic resources belonging to, owned, held, or controlled by Mohamed Yamine Makri, also known as Mohamed Makri or Yamine Makri, for six months from publication in the French Official Journal.

banksfinancial institutionsbusinessesnonprofitscounterparties holding or controlling funds or economic resources
Immediately from publication in the French Official Journal; freeze lasts six months
operational
critical

Freeze all funds and economic resources belonging to, owned, held, or controlled by SODELIM, including its secondary establishment Centre Tawhid, for six months from publication in the French Official Journal.

banksfinancial institutionsbusinessesnonprofitscounterparties holding or controlling funds or economic resources
Immediately from publication in the French Official Journal; freeze lasts six months
operational
critical

Freeze funds and economic resources belonging to, owned, held, or controlled by any legal person or entity owned, controlled, directed by, acting knowingly on behalf of, or acting on instructions from Mohamed Yamine Makri, SODELIM, or Centre Tawhid.

banksfinancial institutionsbusinessesnonprofitscounterparties holding or controlling funds or economic resources
Immediately from publication in the French Official Journal; freeze lasts six months
operational
critical

Do not make funds or economic resources available, directly or indirectly, to Mohamed Yamine Makri, SODELIM, Centre Tawhid, or entities they own, control, direct, or that knowingly act for them or on their instructions.

banksfinancial institutionsbusinessesnonprofitsall counterparties
For six months from publication in the French Official Journal
prohibition
critical

Do not use funds or economic resources for the benefit of Mohamed Yamine Makri, SODELIM, Centre Tawhid, or entities they own, control, direct, or that knowingly act for them or on their instructions.

banksfinancial institutionsbusinessesnonprofitsall counterparties
For six months from publication in the French Official Journal
prohibition

Affected Parties

Mohamed Yamine Makri, SODELIM, and Centre TawhidBanks, businesses, nonprofits, and counterparties dealing with the listed persons or entities+1 more…

Tags

asset freeze,financial sanctions,France