Security & Defense

#52026XG02841EU notice on continued Russia-related sanctions listings

🇪🇺European Union··Other·Medium Impact·View source ↗

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

🇬🇧 English

This notice confirms that certain people, companies, entities, and bodies remain on the EU sanctions list linked to the situation in Russia. Their funds and economic resources stay frozen under the relevant EU sanctions rules. Listed parties may ask national authorities for permission to use frozen funds for basic needs or specific payments. They may also ask the Council to review their listing before 1 March 2027, and they can challenge the decision before the EU General Court.

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

Key Changes

  • Confirms continued inclusion of listed persons, entities, and bodies under EU Russia-related restrictive measures
  • Reminds listed parties that they may seek authorization to use frozen funds for basic needs or specific payments
  • Sets 1 March 2027 as the deadline to request Council reconsideration of the listing

Obligations

What this law requires

critical

Listed natural and legal persons, entities, and bodies remain subject to EU restrictive measures, including the continued freezing of their funds and economic resources under Decision (CFSP) 2024/1484 and Regulation (EU) 2024/1485.

listed natural personslisted legal personslisted entitieslisted bodies
prohibition
high

Listed parties that seek to use frozen funds for basic needs or specific payments must apply to the competent authority of the relevant EU Member State for authorisation under Article 7 of Regulation (EU) 2024/1485.

listed natural personslisted legal personslisted entitieslisted bodies
licensing
medium

Listed parties requesting reconsideration of their inclusion on the EU sanctions lists must submit the request with supporting documentation to the Council of the European Union before 1 March 2027.

listed natural personslisted legal personslisted entitieslisted bodies
Before 1 March 2027
reporting

Affected Parties

People and entities listed under the EU Russia-related sanctions regimeEU companies and financial institutions that must screen and freeze assets+1 more…

Tags

EU sanctions,Russia,asset freeze