The notion and the legal nature of the sanctions regime of economic activity

Abstract

Currently economic activities are complicated by the application of numerous and constantly changing foreign and Russian restrictive measures (sanctions). In this article the author presents the concept of formation of the sanction’s regime of economic activity and on the basis of the analysis of doctrinal approaches to the definition of the concepts of “sanctions” and “legal regime” offers a definition of the sanctions regime of economic activity. As a result of the conducted study of the doctrinal classification of legal regimes by the criterion of legal properties into ordinary and extraordinary, the author presented a justification for attributing the sanctions regime of economic activity to the extraordinary legal regimes on the basis of six qualifying characteristics is presented. The author draws a conclusion about the need for further study of the sanctions regime as a system formation with a special structure, constituent elements and content.