Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
  1. Home
  2. Search

Refine search

Refine search

Access:
Content type:
Publication date:
Apply   From and To filters
Subject: Show more
Journals Show more
Publishers: Show more
Societies Show more
Series: Show more
Collections: Show more

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
Cancel
×

1 results

  • 13 - The Enforcement of Extraterritorial Sanctions

  • from Part III - Secondary Sanctions and International Economic Law
  • Edited by Tom Ruys, Ghent University, Cedric Ryngaert, Utrecht University, Felipe Rodríguez Silvestre, Ghent University
  • Book:
    The Cambridge Handbook of Secondary Sanctions and International Law
    Published online:
    14 December 2024
    Print publication:
    12 December 2024, pp 287-304

  • Summary

    The chapter assesses whether the enforcement of extraterritorial sanctions through asset freezes is consistent with customary and treaty rules of international monetary law. After defining key concepts and describing the main characteristics of asset freezes, a definition of such measures through the lenses of international monetary law is provided. The research then moves, first, to discuss whether the imposition of asset freezes to enforce extraterritorial sanctions regimes can be deemed an exercise of internal or external monetary sovereignty and, second, whether unilateral (extraterritorial) sanctions can be considered to amount to exchange restrictions legitimately introduced for security reasons for the purposes of the Articles of Agreement of the International Monetary Fund (IMF). The chapter concludes with a critical assessment of the IMF legal regime on unilateral (extraterritorial) sanctions.