3.9.2011 Official Journal of the European Union L 228/1 II (Non-legislative acts) REGULATIONS COUNCIL REGULATION (EU) No 878/2011 of 2 September 2011 amending Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof, Having regard to Council Decision 2011/273/CFSP of 9 May 2011 concerning restrictive measures against Syria ('), adopted in accordance with Chapter 2 of Title V of the Treaty on European Union, Having regard to the joint proposal from the High Represen- tative of the Union for Foreign Affairs and Security Policy and the European Commission, Whereas: On 9 May 2011, the Council adopted Regulation (EU) No 442/2011 concerning restrictive measures in view of the situation in Syria (?). 1 Council Decision 2011/522/CFSP of 2 September 2011 amending Decision 2011/273/CESP () provides for further measures to be adopted including a prohibition on the purchase, import or transportation from Syria of crude oil and petroleum products, and the freezing of funds and economic resources to further persons and entities who benefit from or support the regime. The additional persons, entities and bodies to whom the freezing of funds and economic resources is to apply are listed in the Annex to that Decision. Some of those measures fall within the scope of the Treaty on the Functioning of the European Union and, therefore, in particular with a view to ensuring their uniform application by economic operators in all Member States, regulatory action at the level of the Union is necessary in order to implement them. () OJ L 121, 10.5.2011, p. 11. () OJ L 121, 10.5.2011, p. 1. (®) See page 16 of this Official Journal. Syria A partial suspension of the Cooperation Agreement Syria () has been effected by Council Decision 2011/523[EU of 2 September 2011 (°). ) In order to ensure that the measures provided for in this Regulation are effective, this Regulation must enter into force immediately. It should be clarified that submitting and forwarding the necessary documents to a bank for the purpose of their final transfer to a person, entity or body that is not listed, to trigger payments allowed under Article 9 of this Regu- lation, does not constitute making funds available within the meaning of Article 4(2) of this Regulation, HAS ADOPTED THIS REGULATION: Article 1 Regulation (EU) No 442/2011 is amended as follows: (1) in Article 1, the following points are inserted: ‘(@) “insurance” means an undertaking or commitment whereby one or more natural or legal persons are obliged, in return for payment, to provide one or more other persons, in the event of materialisation of a risk, with an indemnity or a benefit as determined by the undertaking or commitment; “reinsurance” means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyds, the activity consisting in accepting risks, ceded by any member of Lloyd’s, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd’s; “petroleum products” means the products listed in Annex IV/; (*) OJ L 269, 27.9.1978, p. 2. (>} See page 19 of this Official Journal.