Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia's actions destabilising the situation in Ukraine

• (i) without prejudice to the prohibition in Article 3m, transactions with entities listed under entries number 4 and 6 in Part A of Annex XIX which are necessary for the trading, brokering, transport, including through ship-to-ship transfers to third countries, and the related technical assistance, brokering services or financing or financial assistance of, crude oil falling under CN code 2709 00 and petroleum products falling under CN code 2710, which originate in Russia or which have been exported from Russia, provided that the purchase price per barrel of such products does not exceed the price laid down in Annex XXVIII to this Regulation, in compliance with Article 3n, paragraph 6(a) of this Regulation.

The exemptions in points (a) and (aa) of this paragraph do not apply to the entity listed under entry number 4 in Part A of Annex XIX, except for transit of oil or refined petroleum products originating in a third country that are only being loaded in, departing from or transiting through Russia, provided that both the origin and the owner of those goods are non-Russian.

The exemptions in points (a), (aa) and (b) of this paragraph do not apply to the entity listed under entry number 6 in Part A of Annex XIX.

3a. By way of derogation from paragraph 1, the competent authorities may authorise, under such conditions as they deem appropriate, transactions which are strictly necessary for the divestment and withdrawal, by 31 December 2027, by the entities referred to in paragraph 1 or their subsidiaries in the Union from a legal person, entity or body established in the Union.

Article 5ab

• (a) necessary for the purchase, import or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, whose purchase, import and transport is allowed under this Regulation;

• (b) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and Regulation (EU) No 269/2014;

• (c) without prejudice to point (b) of this paragraph, strictly necessary to recover damages pursuant to:
• (i) Article 11a or 11b of this Regulation; or
• (ii) Article 11a of Regulation (EU) No 269/2014.

Article 5ac

Annex XLIV shall include the legal persons, entities or bodies established outside Russia that use the SPFS of the Central Bank of Russia or equivalent specialised financial messaging services set up by the Central Bank of Russia or the Russian State, or any systems of the Central Bank of Russia and any systems provided by any other Russian entity that include a financial messaging functionality, including the Fast Payment System (SBP) and Mir.

• (a) strictly necessary for the direct or indirect purchase, import or transport of natural gas, titanium, aluminium, copper, nickel, palladium and iron ore from or through Russia into the Union, a country member of the European Economic Area, Switzerland, or the Western Balkans;

• (b) strictly necessary for the direct or indirect purchase, import or transport of oil, including refined petroleum products, from or through Russia, unless prohibited under Article 3m or 3n;

• (c) necessary for the purchase as well as import and transport into the Union of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, whose purchase as well as import and transport into the Union is allowed under this Regulation;

• (d) necessary for the repayment of a debt due to a national of a Member State or a legal person, entity or body established in the Union;

• (e) necessary for the payment of a pension scheme to a person established in the Union; or

• (f) necessary for a payment from or to the Jewish Claims conference;

• (g) necessary for the functioning of diplomatic and consular representations of the Union and of the Member States in third countries, including delegations, embassies and missions, or international organisations in third countries enjoying immunities in accordance with international law;

• (h) made by nationals of a Member State who are residents of third countries; or

• (i) necessary for Member States’ historical responsibility programmes or for the support of Member States’ethnic minorities in Russia.

• (a) necessary for the purchase, export, supply, sale, transfer or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, whose purchase, export, supply, sale, transfer or transport is allowed under this Regulation and is necessary for addressing food security in third countries;

• (b) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and Regulation (EU) No 269/2014;

• (c) necessary for humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance, or for evacuations;

• (d) necessary for the repayment of a debt due to a national of a Member State or a legal person, entity or body established in the Union;

• (e) dependent on the involvement of a legal person, entity or body listed in Annex XLIV to provide correspondent banking services; or

• (f) necessary for effecting payment by a national of a Member State or a legal person, entity or body established in the Union under a loan agreement concluded by a Member State.

• (a) the repayment of export credits guaranteed;

• (b) transactions which are strictly necessary for divestment from Russia or the wind-down of business activities in Russia by 26 August 2025 which were covered by export credits guarantees by a Member State; or

• (c) the execution of contracts concluded before 25 February 2025 until 26 August 2025 or until their expiry date, whichever is earlier for beneficiaries located in the European Union.

• (a) the transaction is necessary for such natural person to terminate operations, contracts or other agreements concluded with a legal person, entity or body listed in Annex XLIV;

• (b) the authorisation is requested no later than three months after the date of application indicated in Annex XLIV for the relevant legal person, entity or body listed therein;

• (c) the funds are transferred to a financial or credit institution incorporated or constituted under the law of a Member State, or to a financial or credit institution incorporated under the law of a third country that is owned or controlled by a financial or credit institution incorporated or constituted under the law of a Member State.

Any authorisation under this paragraph shall be granted for a maximum period of validity of three months.

The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under this paragraph, within two weeks of the authorisation.

The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under this paragraph, within two weeks of the authorisation.

Article 5ad

• (a) is a credit or financial institution or an entity providing crypto-asset services or payment services that provides such services to legal persons, entities and bodies listed in this Regulation or Regulation (EU) No 269/2014 or is otherwise significantly frustrating the purpose of the prohibitions in those Regulations, as listed in Part A of Annex XLV to this Regulation;

• (b) is a credit or financial institution or an entity providing crypto-asset services or payment services that supports Russia’s war of aggression against Ukraine, including by processing transactions or providing export financing for trade operations that frustrate the purpose of this Regulation, as listed in Part B of Annex XLV to this Regulation;

• (c) is not a credit or financial institution or an entity providing crypto-asset services or payment services and is significantly frustrating the purpose of the prohibitions set out in Articles 3m, 3n and 3s of this Regulation, as listed in Part C of Annex XLV to this Regulation;

• (d) is not a credit or financial institution or an entity providing crypto-asset services or payment services and offers services that enable the performance of international transactions, including through payments from accounts in countries other than Russia, through netting, through set-off, through reconciliation or through settlement, that frustrate the purpose of the prohibitions in this Regulation or in Regulation (EU) No 269/2014, as listed in Part D of Annex XLV to this Regulation.

• (a) a legal person, entity or body acting on behalf of, or at the direction of, an entity referred to in points (a), (b), (c) or (d) of paragraph 1;

• (b) an entity providing crypto-asset services or payment services that operates as a mirror or successor entity of an entity referred to in points (a) or (b) of paragraph 1;

• (c) an entity offering enabling services equivalent to those provided by the entities referred to in point (d) of paragraph 1.

2a. For the purposes of paragraph 2, point (b), a mirror or successor entity of a listed entity is an entity where at least two of the following criteria are met:

• (a) substantially identical content, feeds or transaction flows;

• (b) continuity of branding, design or user interface;

• (c) overlapping ownership, control or management;

• (d) redirection or migration of users from a listed entity;

• (e) continuity of technical infrastructure, including use of the same code base, domains or applications.

2b. For the purposes of paragraph 2, point (c), an equivalent enabling service is a service that meets the following criteria:

• (a) the service is offered by an entity that is not a credit institution or a financial institution or an entity providing crypto-asset services or payment services;

• (b) the service is addressed to Russian customers and has the stated intent to enable cross-border transactions, including through payments from accounts in countries other than Russia, through netting, through set-off, through reconciliation or through settlement;

• (c) the service does not exclude any of the transactions prohibited under this Regulation or Regulation (EU) No 269/2014.

• (a) necessary for the export, sale, supply, transfer or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, whose export, sale, supply, transfer or transport to Russia is allowed under this Regulation;

• (b) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and Regulation (EU) No 269/2014; or

• (c) necessary for humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance or for evacuations;

• (d) necessary to the execution, until 25 April 2026, of contracts concluded before 24 October 2025 with the legal persons, entities or bodies listed in Part A of Annex XLV by Regulation (EU) 2025/2033, or of ancillary contracts necessary for the execution of such contracts; or

• (e) necessary for the reception of payments due by the legal persons, entities or bodies listed in Part A of Annex XLV by Regulation (EU) 2025/2033 pursuant to contracts performed before 24 October 2025.

• (a) the transaction is necessary for such natural person to terminate operations, contracts or other agreements concluded with a legal person, entity or body listed in Annex XLV;

• (b) the authorisation is requested no later than three months after the date of application indicated in Annex XLV for the relevant legal person, entity or body listed therein;

• (c) the funds are transferred to a financial or credit institution incorporated or constituted under the law of a Member State, or to a financial or credit institution incorporated under the law of a third country that is owned or controlled by a financial or credit institution incorporated or constituted under the law of a Member State.

Any authorisation under this paragraph shall be granted for a maximum period of validity of three months.

The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under this paragraph, within two weeks of the authorisation.

Article 5ae

• (a) for the transfer of unmanned aerial vehicles (UAVs) or missiles, related technologies or components thereof in support of Russia’s war of aggression against Ukraine;

• (b) for the transport of goods and technology used in the defence and security sector, from or to Russia, for use in Russia or for Russia’s warfare in Ukraine;

• (c) for the maritime transport of crude oil or petroleum products, as listed in Annex XXV, or of mineral products, that originate in Russia or are exported from Russia by vessels practicing irregular and high-risk shipping practices as set out in International Maritime Organisation General Assembly resolution A.1192(33);

• (d) for the transport of goods originating in or exported from the Union, as listed in Annexes XI, XX and XXIII to this Regulation, or goods originating in Russia or exported from Russia and imported into the Union, as listed in Annex XXI to this Regulation, and thereby enabling Russia’s actions destabilising the situation in Ukraine;

• (e) in such a way as to facilitate or engage in the violation or circumvention or otherwise significantly frustrate the provisions of this Regulation or of Regulations (EU) No 269/2014, (EU) No 692/2014 or (EU) 2022/263.

• (a) for the transfer of UAVs or missiles, related technologies or components thereof in support of Russia’s war of aggression against Ukraine;

• (b) for the transport of goods and technology used in the defence and security sector, from or to Russia, for use in Russia or for Russia’s warfare in Ukraine;

• (c) for the transport of goods originating in or exported from the Union listed in Annexes XI, XX and XXIII to this Regulation, or goods originating in Russia or exported from Russia and imported into the Union, as listed in Annex XXI to this Regulation, and thereby enabling Russia’s actions destabilising the situation in Ukraine;

• (d) in such a way as to facilitate or engage in the violation or circumvention or otherwise significantly frustrate the provisions of this Regulation or of Regulations (EU) No 269/2014, (EU) No 692/2014 or (EU) 2022/263.

2a. It shall be prohibited to engage in any transaction, directly or indirectly, with refineries listed in Part D of Annex XLVII. Part D of Annex XLVII shall include refineries in Russia and in third countries other than Russia that are used:

• (a) for the processing or refining of crude oil or the processing or blending of petroleum products, as listed in Annex XXV, or of mineral products, that originate in Russia; or

• (b) in such a way as to facilitate or engage in the violation or circumvention or otherwise significantly frustrate the provisions of this Regulation or of Regulation (EU) No 269/2014, (EU) No 692/2014 or (EU) 2022/263.

2b. The prohibition referred to in paragraph 2a shall apply in respect of entry number 1 in Part D of Annex XLVII as of 25 January 2027. The Commission shall, by 25 October 2026, report to the Council its assessment of whether the listing referred to in entry number 1 in Part D of Annex XLVII should be maintained.

• (a) in the case of a vessel in need of assistance seeking a place of refuge, of an emergency port call for reasons of maritime safety, or for saving life at sea, or for humanitarian purposes, or for the urgent prevention or mitigation of an event likely to have a serious and significant impact on human health and safety or the environment, or as a response to natural disasters;

• (b) to transactions which are strictly necessary for the direct or indirect purchase, import or transport of natural gas, titanium, aluminium, copper, nickel, palladium and iron ore from or through Russia into the Union, a country member of the European Economic Area, Switzerland, or the Western Balkans;

• (c) unless prohibited under Article 3m or 3n, to transactions which are strictly necessary for the direct or indirect purchase, import or transport of oil, including refined petroleum products, from or through Russia;

• (d) to transactions which are necessary for the purchase, import or transport of pharmaceutical, medical, agricultural and food products, including wheat and fertilisers whose import, purchase and transport is allowed under this Regulation;

• (e) to transactions for the purchase, import or transfer of seaborne crude oil and of petroleum products listed in Annex XXV where those goods originate in a third country and are only being loaded in, departing from or transiting through Russia, provided that both the origin and the owner of those goods are non-Russian.

• (f) to transactions necessary for the establishment, operation, maintenance, fuel supply and retreatment and safety of civil nuclear capabilities, and the continuation of design, construction and commissioning required for the completion of civil nuclear facilities;

• (g) to transactions for the purchase, import or transfer of coal falling under CN code 2701 where it originates in a third country and is only being loaded in, departing from or transiting through Russia, provided that both the origin and the owner of those goods are non-Russian;

• (h) to transactions with the port listed under entry number 7 in Part A of Annex XLVII for the purchase, import or transfer of goods falling under CN codes 7207 12 10 and 7224 90, unless otherwise prohibited by this Regulation.

• (a) humanitarian purposes, the evacuation or repatriation of persons, or initiatives providing support to victims of natural, nuclear or chemical disasters;

• (b) the operation of flights required for attending meetings with the objective of seeking a solution to Russia’s war of aggression against Ukraine or of promoting the policy objectives of the restrictive measures;

• (c) an emergency landing, take-off or overflight;

• (d) travel for official purposes of members of diplomatic or consular missions of Member States or partner countries in Russia or of international organisations enjoying immunities in accordance with international law;

• (e) travel, for personal reasons, of natural persons to and from Russia or of members of their immediate families travelling with them;

• (f) the purchase, import or transport of pharmaceutical, medical, agricultural and food products whose import, purchase and transport is allowed under this Regulation.

• (g) the establishment, operation, maintenance, fuel supply and retreatment and safety of civil nuclear capabilities, and the continuation of design, construction and commissioning required for the completion of civil nuclear facilities.

Article 5af

• (a) for the wind-down or restructuring of a legal person, entity or body in connection with the natural gas pipelines Nord Stream and Nord Stream 2 where this is necessary to ensure that the natural gas pipelines Nord Stream and Nord Stream 2 will not be used;

• (b) to claim compensation, recoveries or any other means, from any natural or legal person, entity or body in connection with the natural gas pipelines Nord Stream and Nord Stream 2;

• (c) to effect and receive payments or recoveries that are due or become due under, or in connection with, court orders, financings, insurance, warrants or any other contracts or agreements in connection with the natural gas pipelines Nord Stream and Nord Stream 2 that were entered into before 20 July 2025;

• (d) for a settlement, or judicial or arbitration proceedings in connection with the natural gas pipelines Nord Stream and Nord Stream 2;

• (e) for regular maintenance services which are strictly necessary to prevent environmental and safety risks or a negative impact on the fisheries sector.

Before issuing such an authorisation, the competent authorities shall provide the Commission with a draft thereof. Within 30 days of receipt of that draft, the Commission may issue an opinion to the competent authorities stating that the envisaged transaction would be prejudicial to the Union’s interests. The Commission shall inform the Council of such an opinion.

Article 5ag

• (a) the Russian Direct Investment Fund;

• (b) a legal person, entity or body owned or controlled by the Russian Direct Investment Fund;

• (c) a legal person, entity or body established outside of the Union in which an entity referred to in point (a) or (b) has made, directly or indirectly, a significant investment, as listed in Annex XLIX to this Regulation;

• (d) a legal person, entity or body established outside of the Union providing investment services or other financial services to an entity referred to in point (a), (b) or (c), as listed in Annex L to this Regulation;

• (e) a legal person, entity or body acting on behalf or at the direction of an entity referred to in point (a), (b), (c) or (d).

Article 5ah

• (a) acquire any new or extend any existing participation in ownership or control of any legal person, entity or body which is registered as a resident of, or whose registered office, principal place of business, or permanent establishment is located within, the special economic, innovation or preferential zones of the Russian Federation listed in Part A or B of Annex LII;

• (b) create any new joint venture, branch, or representative office in the special economic, innovation or preferential zones listed in Part A or B of Annex LII, or with a legal person, entity or body referred to in point (a);

• (c) enter into any new contract or arrangement for the supply of goods or services, or of related intellectual property rights or trade secrets to, from, or for use in the special economic, innovation or preferential zones listed in Part A or B of Annex LII, or with a legal person, entity or body referred to in point (a).

• (a) maintain any existing participation in ownership or control of any legal person, entity or body which is formally registered as a resident of, or the registered office, principal place of business, or permanent establishment of which is located within, the special economic, innovation or preferential zones of the Russian Federation listed in Part A of Annex LII;

• (b) maintain any existing joint venture, branch, or representative office in the special economic, innovation or preferential zones listed in Part A of Annex LII, or with a legal person, entity or body referred to in point (a);

• (c) maintain any existing contract or arrangement for the supply of goods or services, or of related intellectual property rights or trade secrets to, from, or for use in the special economic, innovation or preferential zones listed in Part A of Annex LII, or with a legal person, entity or body referred to in point (a).

• (a) grant, or be part of any arrangement to grant, any loan or credit or otherwise provide financing, including equity capital, to a legal person, entity or body referred to in paragraph 1 or 2, or for the documented purpose of financing such a legal person, entity or body;

• (b) provide investment services directly related to the activities referred to in point (a) or in paragraph 1 or 2.

• (a) activities necessary for public health emergencies, the urgent prevention or mitigation of an event likely to have a serious and significant impact on human health and safety or the environment, or as a response to natural disasters;

• (b) activities strictly necessary for the direct or indirect purchase, import or transport of natural gas, titanium, aluminium, copper, nickel, palladium or iron ore from or through Russia into the Union, a country member of the European Economic Area, Switzerland, or the Western Balkans;

• (c) unless prohibited under Article 3m or 3n, activities strictly necessary for the direct or indirect purchase, import or transport of oil, including refined petroleum products, from or through Russia;

• (d) activities necessary for the purchase, import or transfer of seaborne crude oil and of petroleum products listed in Annex XXV where those goods originate in a third country and are only being loaded in, departing from or transiting through Russia, provided that both the origin and the owner of those goods are non-Russian.

• (a) humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance, or for evacuations;

• (b) research, development or manufacturing of pharmaceutical, medical, agricultural or food products, including wheat and fertilisers the import, purchase and transport of which is allowed under this Regulation;

• (c) ensuring access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgement or an arbitration award rendered in a Member State, if such transactions are consistent with the objectives of this Regulation and those of Regulation (EU) No 269/2014;

• (d) divestment and withdrawal from Russia or the wind-down of business activities in Russia;

• (e) the provision of electronic communication services by Union telecommunication operators necessary for the operation, maintenance and security, including cybersecurity, of electronic communication services, in Russia, in Ukraine, in the Union, between Russia and the Union, and between Ukraine and the Union, and for data centre services in the Union.

Article 5ai

• (a) necessary for the purchase, import or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, the purchase, import and transport of which is allowed under this Regulation;

• (b) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and those of Regulation (EU) No 269/2014;

• (c) without prejudice to point (b) of this paragraph, strictly necessary to recover damages pursuant to:
• (i) Article 11a or 11b of this Regulation; or
• (ii) Article 11a of Regulation (EU) No 269/2014.

Article 5aj

• (a) necessary for the purchase, import or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, the purchase, import and transport of which is allowed under this Regulation;

• (b) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and those of Regulation (EU) No 269/2014;

• (c) without prejudice to point (b) of this paragraph, strictly necessary to recover damages pursuant to:
• (i) Article 11a or 11b of this Regulation; or
• (ii) Article 11a of Regulation (EU) No 269/2014.

Article 5b

• (a) crypto-asset services, as defined in Regulation (EU) 2023/1114;

• (b) issuing of payment instruments, acquiring of payment transactions, or payment initiation services, as defined in Directive (EU) 2015/2366;

• (c) issuing of electronic money, as defined in Directive 2009/110/EC of the European Parliament and of the Council ([^E0036]).

2a. It shall be prohibited, as from 18 January 2024, to allow Russian nationals or natural persons residing in Russia to directly or indirectly own or control, or to hold any posts in the governing bodies of, a legal person, entity or body which is incorporated or constituted under the law of a Member State and is providing crypto-asset wallet, account or custody services. As from 25 August 2026, that prohibition shall also apply to the case of a legal person, entity or body which is incorporated or constituted under the law of a Member State and is providing any other crypto-asset services, as defined in Regulation (EU) 2023/1114.

Article 5ba

It shall be prohibited to engage, directly or indirectly, in any transaction involving the crypto-assets or central bank digital currencies listed in Annex LIII, or to provide any support to the development of such crypto-assets or central bank digital currencies.

Article 5bb

• (a) that are necessary for the functioning of diplomatic and consular representations of the Union and of the Member States or of partner countries in Russia, including delegations, embassies and missions, or international organisations in Russia enjoying immunities in accordance with international law;

• (b) made by nationals of a Member State who are residents of Russia and were so before 24 February 2022.

Article 5bc

Article 5c

• (a) necessary to satisfy the basic needs of natural or legal persons, entities or bodies referred to in Article 5b(1) and their dependent family members, including payments for food, rent or mortgage, medicines and medical treatment, taxes, insurance premiums, and public utility charges;

• (b) intended exclusively for the payment of reasonable professional fees or the reimbursement of incurred expenses associated with the provision of legal services;

• (c) intended exclusively for the payment of fees or service charges for the routine holding or maintenance of frozen funds or economic resources;

• (d) necessary for extraordinary expenses, provided that the relevant competent authority has notified the competent authorities of the other Member States and the Commission of the grounds on which it considers that a specific authorisation should be granted, at least two weeks prior to the authorisation; or

• (e) necessary for official purposes of a diplomatic mission or consular post or international organisation; or

• (f) necessary for non-prohibited cross-border trade in goods and services between the Union and Russia; or

• (g) necessary for the restructuring or liquidation of a legal person associated with the entity listed under entry number 82, under heading ‘B. Entities’, in Annex I to Regulation (EU) No 269/2014.

1a. The prohibition in Article 5b(2), points (b) and (c), shall not apply to the provision of personalised security credentials necessary to access an account with a credit institution or an electronic money institution established in a Member State or a partner country as listed in Annex VIII.

1b. By way of derogation from Article 5b(2), points (b) and (c), the competent authorities may authorise the provision of such a service, under such conditions as they deem appropriate, after having determined that to do so is necessary for the exclusive use of legal persons, entities or bodies established in Russia that are owned by, or solely or jointly controlled by, a legal person, entity or body which is incorporated or constituted under the law of a Member State or a partner country as listed in Annex VIII.

Article 5d

• (a) necessary for humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance or for evacuations; or

• (b) necessary for civil society activities that directly promote democracy, human rights or the rule of law in Russia.

Article 5e

Article 5f

Article 5g

• (a) supply to the national competent authority of the Member State where they are located or to the Commission by no later than 27 May 2022, a list of deposits exceeding 100 000 EUR held by Russian nationals or natural persons residing in Russia, or by legal persons, entities or bodies established in Russia. They shall provide updates regarding the amounts of such deposits every 12 months;

• (aa) supply to the national competent authority of the Member State where they are located or to the Commission by no later than 27 May 2023 a list of deposits exceeding 100 000 EUR held by a legal person, entity or body established outside the Union and whose proprietary rights are directly or indirectly owned for more than 50 % by Russian nationals or natural persons residing in Russia. They shall provide updates regarding the amounts of such deposits every 12 months;

• (b) supply to the national competent authority of the Member State where they are located information on deposits exceeding EUR 100 000 held by Russian nationals or natural persons residing in Russia who have acquired the citizenship of a Member State or residence rights in a Member State through an investor citizenship scheme or an investor residence scheme.

Article 5h

1a. The prohibition in paragraph 1 shall not apply to transactions:

• (a) that are necessary for the functioning of diplomatic and consular representations of the Union and of the Member States or of partner countries in Russia, including delegations, embassies and missions, or international organisations in Russia enjoying immunities in accordance with international law;

• (b) made by nationals of a Member State who are residents of Russia and were so before 24 February 2022;

• (c) necessary for the export, sale, supply, transfer or transport of pharmaceutical, medical or agricultural and food products, including wheat and fertilisers, the export, sale, supply, transfer or transport of which to Russia is allowed under this Regulation;

• (d) strictly necessary to ensure access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgment or an arbitration award rendered in a Member State, provided that such transactions are consistent with the objectives of this Regulation and those of Regulation (EU) No 269/2014;

• (e) necessary for humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance or for evacuations;

• (f) necessary for the reception of payments due by the legal persons, entities or bodies referred to in Annex XIV pursuant to contracts and obligations performed before 24 April 2026;

• (g) necessary for the implementation of authorisations granted by the competent authorities of a Member State pursuant to Article 6b(5j) of Regulation (EU) No 269/2014;

• (h) necessary for Member States’ historical responsibility programmes or for the support of Member States’ ethnic minorities in Russia.

• (i) strictly necessary for the payment of reasonable professional fees or the reimbursement of incurred expenses associated with the provision of legal services;

• (j) that are necessary for the needs of state-funded intermediate organisations for the foreign cultural policy of the Member States in Russia.

1b. By way of derogation from paragraph 1, the competent authorities may authorise, under such conditions as they deem appropriate, transactions which are strictly necessary for divestment from Russia or the wind-down of business activities in Russia.

1c. By way of derogation from paragraph 1, the competent authorities of a Member State may authorise the execution of transactions with Bank Zenit, as listed in Annex XIV, under such conditions as they deem appropriate and after having determined that the execution of such transactions is necessary for:

• (a) the payment of goods falling under CN 3402 90 ;

• (b) the execution of contracts concluded before 1 January 2025 until 1 January 2028 or until their expiry date, whichever is earlier.

• (a) the transaction is necessary for such natural person to terminate operations, contracts or other agreements concluded with a legal person, entity or body listed in Annex XIV;

• (b) the authorisation is requested no later than three months after the date of application indicated in Annex XIV for the relevant legal person, entity or body listed therein;

• (c) the funds are transferred to a financial or credit institution incorporated or constituted under the law of a Member State, or to a financial or credit institution incorporated under the law of a third country that is owned or controlled by a financial or credit institution incorporated or constituted under the law of a Member State.

Any authorisation under this paragraph shall be granted for a maximum period of validity of three months.

The Member State concerned shall inform the other Member States and the Commission of any authorisation granted under this paragraph, within two weeks of the authorisation.

Article 5i

• (a) the personal use of natural persons travelling to Russia or members of their immediate families travelling with them; or

• (b) the official purposes of diplomatic missions, consular posts or international organisations in Russia enjoying immunities in accordance with international law.

• (c) civil society and media activities that directly promote democracy, human rights or the rule of law in Russia which receive public funding from the Union, Member States or partner countries as listed in Annex VIII.

Article 5j

Article 5k

• (a) a Russian national, a natural person residing in Russia, or a legal person, entity or body established in Russia;

• (b) a legal person, entity or body whose proprietary rights are directly or indirectly owned for more than 50 % by a natural or legal person, entity or body referred to in point (a) of this paragraph; or

• (c) a natural or legal person, entity or body acting on behalf or at the direction of a natural or legal person, entity or body referred to in point (a) or (b) of this paragraph,

including, where they account for more than 10 % of the contract value, subcontractors, suppliers or entities whose capacities are being relied on within the meaning of the public procurement Directives.

• (a) the operation, maintenance, decommissioning and radioactive waste management, fuel supply and retreatment and safety of civil nuclear capabilities, and the continuation of design, construction and commissioning required for the completion of civil nuclear facilities, as well as the supply of precursor material for the production of medical radioisotopes and similar medical applications, critical technology for environmental radiation monitoring, as well as civil nuclear cooperation, in particular in the field of research and development;

• (b) intergovernmental cooperation in space programmes;

• (c) the provision of strictly necessary goods or services which can only be provided, or which can only be provided in sufficient quantities, by the persons referred to in paragraph 1;

• (d) the functioning of diplomatic and consular representations of the Union and of the Member States in Russia, including delegations, embassies and missions, or international organisations in Russia enjoying immunities in accordance with international law; or

• (e) unless prohibited under Article 3m or 3n, the purchase, import or transport of natural gas and oil, including refined petroleum products, as well as titanium, aluminium, copper, nickel, palladium and iron ore from or through Russia into the Union.

Article 5l

• (a) a legal person, entity or body established in Russia;

• (b) a legal person, entity or body whose proprietary rights are directly or indirectly owned for more than 50 % by an entity referred to in point (a) of this paragraph.

• (a) humanitarian purposes, public health emergencies, the urgent prevention or mitigation of an event likely to have a serious and significant impact on human health and safety or the environment, or as a response to natural disasters;

• (b) phytosanitary and veterinary programmes;

• (c) intergovernmental cooperation in space programmes and under the International Thermonuclear Experimental Reactor Agreement;

• (d) the operation, maintenance, decommissioning and radioactive waste management, fuel supply and retreatment and safety of civil nuclear capabilities, and the continuation of design, construction and commissioning required for the completion of civil nuclear facilities, as well as supply of precursor material for the production of medical radioisotopes and similar medical applications, critical technology for environmental radiation monitoring, as well as civil nuclear cooperation, in particular in the field of research and development;

• (e) mobility exchanges for individuals and people-to-people contacts;

• (f) climate and environmental programmes, with the exception of support in the context of research and innovation;

• (g) the functioning of diplomatic and consular representations of the Union and of the Member States in Russia, including delegations, embassies and missions, or international organisations in Russia enjoying immunities in accordance with international law;

• (h) the functioning of chambers of commerce, business associations, cultural and educational centres, religious institutions and academic exchange programmes from Member States in Russia;

• (i) civil society activities that directly promote democracy, human rights, the rule of law or any other purposes, such as independent journalism or fight against disinformation, consistent with the objectives of this Regulation in Russia;

• (j) Member States’ historical responsibility programmes and support of Member States’ ethnic minorities in Russia.

Article 5m

• (a) Russian nationals or natural persons residing in Russia;

• (b) legal persons, entities or bodies established in Russia;

• (c) legal persons, entities or bodies whose proprietary rights are directly or indirectly owned for more than 50 % by a natural or legal person, entity or body referred to in points (a) or (b);

• (d) legal persons, entities or bodies controlled by a natural or legal person, entity or body referred to in points (a), (b) or (c);

• (e) a natural or legal person, entity or body acting on behalf or at the direction of a natural or legal person, entity or body referred to in points (a), (b), (c) or (d).

• (a) the completion by 5 September 2022 of operations strictly necessary for the termination of contracts referred to in paragraph 3, provided that such operations were initiated before 11 May 2022; or

• (b) other reasons, provided that the service providers do not accept from, or make available to, the persons referred to in paragraph 1 any funds or economic resources, directly or indirectly, or otherwise provide such persons with any benefit from assets placed in a trust.

• (a) humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance or for evacuations;

• (b) civil society activities that directly promote democracy, human rights or the rule of law in Russia; or

• (c) the operation of trusts whose purpose is the administration of occupational pension schemes, insurance policies or employee share scheme, charities, amateur sports clubs, and funds for minors or vulnerable adults.

Article 5n

• (a) legal advisory services;

• (b) accounting, auditing, including statutory audit, bookkeeping, tax consulting and business and management consulting, or public relations services;

• (c) construction, architectural, engineering, integrated engineering, urban planning, engineering-related scientific and technical consulting or technical testing and analysis services;

• (d) advertising, market research or public opinion polling services;

• (e) IT consultancy services;

• (f) commercial space-based services consisting of Earth observation or satellite navigation;

• (g) artificial intelligence services consisting of access to models or to platforms for their training, fine-tuning and inference;

• (h) high-performance computing, including access to graphic processing unit -accelerated computing, or quantum computing services;

• (i) managed security services.

2a. The prohibition in paragraph 2 shall not apply to the provision of a computerised reservation system as defined in Regulation (EC) No 80/2009 of the European Parliament and of the Council ([^E0038]), or any successive Regulation replacing it.

3a. It shall be prohibited to:

• (a) provide technical assistance, brokering services or other services related to the services and software referred to in paragraphs 1 and 3, directly or indirectly, to the Government of Russia or to legal persons, entities or bodies established in Russia;

• (b) provide financing or financial assistance related to the services and software referred to in paragraphs 1 and 3, or for the provision of related technical assistance, brokering services or other services, directly or indirectly, to the Government of Russia or to legal persons, entities or bodies established in Russia;

• (c) sell, license or transfer in any other way intellectual property rights or trade secrets as well as grant rights to access or re-use any material or information protected by means of intellectual property rights or constituting trade secrets related to the software referred to in paragraph 3 and to the provision, manufacture, maintenance and use of that software, directly or indirectly, to the Government of Russia or to any legal person, entity or body established in Russia.

4a. Paragraph 4 shall not apply to the provision, directly or indirectly, of services not covered by paragraphs 1 or 2 to a consular or diplomatic representation of the Russian Federation located in a Member State, where those services are strictly necessary for the functioning of that representation.