#52026XG03271EU notice on Russia-related sanctions listings and review rights
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This notice confirms that certain people and one entity have been added to the EU sanctions lists linked to the situation in Russia. Their assets are subject to restrictive measures, and EU companies should screen counterparties against the updated lists before doing business or processing payments. The listed parties can ask national authorities for permission to use frozen funds for basic needs or specific payments. They can also ask the Council to reconsider the listing by 22 June 2026 and may challenge the decision before the EU General Court.
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Key Changes
- Adds certain people and one entity to the EU sanctions lists linked to Russia
- Confirms that the listed parties may seek permission to use frozen funds for basic needs or specific payments
- Sets 22 June 2026 as the deadline to request Council reconsideration of the listing
Obligations
What this law requires
Listed persons and the listed entity must obtain authorisation from the competent authorities of the relevant EU Member State before using frozen funds for basic needs or specific payments.
Listed persons and the listed entity seeking reconsideration of their sanctions listing must submit a request with supporting documentation to the Council of the European Union before 22 June 2026.