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---
title: "ESMA Q&A 1973 — Q&A — Sanctions regime of International Investment Bank [Question Published]"
shortTitle: "ESMA Q&A 1973 — Q&A — Sanctions regime of International Investment Bank [Question Published]"
answer_id: ESMA_QA_1973
topic: "EU-CCPs"
status: "Question Published"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: pending
regulation: "EMIR"
emir_level3: true
mica_level2: false
legal_basis: "EMIR"
date: 3 October 2023
source_link: https://www.esma.europa.eu/publications-data/questions-answers/1973
lifecycle: "Question Published"
text_version: "ESMA Q&A register, 3 October 2023"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/1973"
check_status: matched
verified: true
last_checked: 2026-10-26
checked_against: "the ESMA publication"
source:
  prepared_by: "not stated in the document"
  published_by: "ESMA"
  published_in: "ESMA Q&A tool"
  evidence:
    prepared_by: "ESMA_QA_1973"
    locator: "ESMA Q&A entry ESMA_QA_1973: no answer; no author named"
document_type: "qa_question"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  question_submitted_on: "2023-10-03"
  locators:
    question_submitted_on: "ESMA Q&A Excel export ESMA_QA_1973, column 'Date of submission'"
lifecycle_label: "Question Published"
---

**Question published in the ESMA Q&A tool · no answer · not legislation [Question Published]**

*Question Published · ESMA Q&A register, 3 October 2023 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1973)*

| | |
|---|---|
| **Full title** | ESMA Q&A 1973 — Q&A — Sanctions regime of International Investment Bank \[Question Published\] |
| **Prepared by** | Not stated in the document |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_1973 |
| **Document type** | Q&A |
| **Legal nature** | No answer · not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Question submitted 3 October 2023 |
| **Legal basis** | EMIR |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**Sanctions regime of International Investment Bank**

### Question

Is there a legal basis for the measures taken by capital market participants (including Clearstream and Euroclear) to restrict any trading of International Investment Bank - IIB issued bonds?

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1973)