Official Journal
of the European Union
EN
L series
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Official Journal |
EN L series |
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2026/1848 |
23.7.2026 |
COUNCIL REGULATION (EU) 2026/1848
of 23 July 2026
amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine
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 (CFSP) 2026/1849 of 23 July 2026 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (1),
Having regard to the joint proposal from the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission,
Whereas:
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(1) |
On 31 July 2014, the Council adopted Regulation (EU) No 833/2014 (2). |
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(2) |
Regulation (EU) No 833/2014 gives effect to certain measures provided for in Council Decision 2014/512/CFSP (3). |
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(3) |
On 23 July 2026, the Council adopted Decision (CFSP) 2026/1849, which amends Decision 2014/512/CFSP. |
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(4) |
Decision (CFSP) 2026/1849 amends derogations in order to ensure the continued provision of goods and services required to uphold internet infrastructure in Russia for the general public. |
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(5) |
Decision (CFSP) 2026/1849 adds 51 entities to Annex IV to Decision 2014/512/CFSP. Those entities form part of Russia’s military and industrial complex, or have commercial or other links with or otherwise support Russia’s military and industrial complex or its defence and security sector. Tighter export restrictions regarding dual-use goods and technology, as well as regarding goods and technology which might contribute to the technological enhancement of Russia’s defence and security sector, are imposed on those entities. Among the entities Decision (CFSP) 2026/1849 adds to that Annex are entities in third countries other than Russia that indirectly contribute to Russia’s military and technological enhancement thereby enabling the circumvention of Union restrictive measures or frustrating their purpose, including Union restrictive measures on microelectronics, computer numerical controlled (CNC) machine tools and equipment for semiconductor processing. |
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(6) |
Decision (CFSP) 2026/1849 considers it appropriate to expand the list of items which might contribute to Russia’s military and technological enhancement or to the development of its defence and security sector, by listing items which have been used by Russia in its war of aggression against Ukraine and items which contribute to the development or production of its military systems, including: nickel powders, nickel metal and alloys of nickel used in corrosion-resistant coatings in jet engines; beryllium powders used in propellants and in high-performance alloys; self-adhesive films, tapes and strips used in the aerospace and defence sectors; aviation items specific to unmanned aerial vehicles (UAVs), such as ground support equipment, jamming/interception systems, launch systems and servomotors; and flight termination systems for UAVs or missiles. |
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(7) |
Additionally, Decision (CFSP) 2026/1849 considers it appropriate to introduce further restrictions on imports of goods which generate significant revenues for Russia, thereby enabling the continuation of Russia’s war of aggression against Ukraine, including restrictions on copper ores, nickel ores, lead ores, precious-metals ores, unwrought zinc, alkaline-earth metals, certain inorganic chemicals (zinc oxides and chromium oxides), tall oil, glassware and car parts. |
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(8) |
It is appropriate to enable national competent authorities to dispose safely of Russian oil cargos they seize and confiscate. To that end, Decision (CFSP) 2026/1849 introduces two derogations to enable relevant operations, such as import, transfer, storage, management and sale. |
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(9) |
Decision (CFSP) 2026/1849 introduces a possibility for the competent authorities to authorise, pursuant to strict conditions, importers to not provide evidence of the country of origin of the crude oil as regards the supply of petroleum products obtained in a third country to the outermost regions and overseas countries and territories associated with the Union, given the specific geographic characteristics of those regions, countries and territories and their supply constraints, to cater for cases where proof of origin is difficult to obtain. |
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(10) |
Decision (CFSP) 2026/1849 extends the duration of an exemption from the oil price cap which allows, in view of energy security concerns, the transport, by vessel, of crude oil originating in the Sakhalin-2 Project in Russia to Japan. |
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(11) |
Decision (CFSP) 2026/1849 introduces a suspension of the amendment of the crude oil price cap. Council Decision (CFSP) 2025/1495 (4) provided for a procedure to modify the price cap for Russian crude oil depending on the average market price of Russian crude oil. As indicated in Decision (CFSP) 2025/1495, that procedure is intended to ensure that the crude oil price cap is sufficiently low at all times to reduce Russia’s revenues from oil exports, taking into account previous price fluctuations. Given the recent exceptional disturbances in the markets for crude oil and petroleum products, and to ensure that the crude oil price cap remains effective in achieving its objectives, it is appropriate to suspend the amendment of that price cap. At the same time, it is appropriate to provide for an interim review of that suspension to ensure that the mechanism remains necessary and proportionate taking into consideration market developments. It should be possible for the Council to decide to amend the price cap after that interim review. In the absence of a decision by the Council, the applicable price cap will remain in place. From 15 July 2027, the application of the original procedure to amend the price cap will resume, with the publication on that date of a notice by the Commission with the new price cap and the amendment of Annex XXVIII to Regulation (EU) No 833/2014 in accordance with Article 3n(11) and Article 7a of that Regulation. |
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(12) |
Decision (CFSP) 2026/1849 introduces an exemption from the prohibition to transfer and to provide technical assistance, brokering services or financing or financial assistance, related to the transfer to third countries of liquefied natural gas (LNG) which originates in or is exported from Russia. That exemption aims to mitigate adverse consequences for the energy supply of certain partner countries. |
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(13) |
Decision (CFSP) 2025/2032 (5) amended Decision 2014/512/CFSP in order to introduce a prohibition on the purchase, import or transfer, directly or indirectly, of liquefied natural gas (LNG) originating in or exported from Russia. That prohibition applies to purchases and transfers into the Union and to third countries. |
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(14) |
Decision (CFSP) 2026/1849 introduces a temporary exemption with regard to the transfer or purchase related to that transfer of LNG originating in or exported from Russia where such transfer or purchase related to that transfer is destined for third countries. In order to ensure that the temporary exemption does not undermine the objectives of the Union restrictive measures, that provision should explicitly lay down a rule that the overall capacity of Russian LNG transferred by Union operators to third countries under the temporary exemption does not exceed the yearly volume of LNG originating in or exported from Russia in 2025, thereby avoiding any increase in the export revenues Russia derives from such transfers. In order to ensure that the temporary exemption continues to serve the objectives of the Union’s restrictive measures, taking into account developments affecting Union operators, the Commission should periodically assess the measures and submit its assessment to the Council. On the basis of that assessment, the Council should review the functioning of the temporary exemption and, where appropriate, be able to decide to shorten, extend or terminate it. |
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(15) |
To ensure legal certainty and the orderly phasing out of activities covered by Regulation (EU) No 833/2014, it is appropriate to clarify that the temporary exemption concerning purchases and transfers of LNG destined for third countries should apply only where a purchase is related to a transfer executed by a Union operator. Such transfer should be carried out on the basis of a long-term contract for the supply of LNG, excluding natural gas derivatives, the duration of which exceeds one year, which was concluded before 24 February 2022 and which has not been amended after that date other than for the limited purposes permitted under Regulation (EU) No 833/2014. In addition, the purchase related to that transfer should itself be executed under a long-term contract exceeding one year, concluded before 24 February 2022 and not amended after that date other than for those same limited purposes. Such long-term contract generally must contain all the necessary elements for its validity and the execution of a transaction, such as indication of the parties, price, quantities, delivery dates, point of loading or delivery, modalities of execution. Contracts that regarding such elements require a further agreement between contracting parties do not fall under the temporary exemption, with the exception of amendments regarding the limited purposes expressly permitted under this Regulation, for example concerning operational procedures such as annual delivery programs or any other similar routine operational adjustments. Changes to such elements based on unilateral contractual clauses that cannot be opposed by the other contracting party do not preclude the applicability of the temporary exemption. All other purchases not linked to a specific transfer by a Union operator should be prohibited from 1 January 2027. Since, from that date, such purchases can no longer be lawfully made unless they remain connected to transfers by Union operators falling within the conditions of the temporary exemption, it is clear that the resulting impossibility of performance can be invoked as force majeure for the purpose of terminating existing contractual obligations to the extent that those obligations cannot continue to be performed in relation to transfers executed by Union operators. |
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(16) |
As regards the prohibition on providing LNG terminal services, Decision (CFSP) 2026/1849 further refines the scope of application of that prohibition. |
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(17) |
The Union has already adopted vessel-specific designations in order to curb operations of the relevant vessels. Such operations might rely on the provision by third-country vessels of services such as bunkering, tug services and ship-to-ship transfers. In order to address and discourage the provision of such services, it is appropriate to enlarge the scope of the designation criteria to encompass the vessels providing such services. Decision (CFSP) 2026/1849 introduces additional designations of vessels. |
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(18) |
Russia derives significant revenues from the sale of oil. Decision (CFSP) 2026/1849 introduces a prohibition on any transaction with refineries in Russia and in third countries other than Russia used for the processing or refining of crude oil or the processing or blending of petroleum products, as listed in Annex XXV to Regulation (EU) No 833/2014, or of mineral products, that originate in Russia or refineries used for the circumvention of restrictive measures. Such transactions include access to facilities of the listed refineries and the provision of any services. Decision (CFSP) 2026/1849 therefore identifies one refinery under those listing criteria. That listing of one refinery should also be reflected in the relevant Annex to Regulation (EU) No 833/2014. |
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(19) |
Decision (CFSP) 2026/1849 clarifies the scope of the derogation as regards transactions in connection with the natural gas pipelines Nord Stream and Nord Stream 2, with regard to the completion, operation, maintenance or use of those pipelines. |
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(20) |
The Union has already adopted measures to restrict Russia’s LNG exports-related revenues. Such exports rely on the availability of LNG tankers and it is therefore important to curtail the possibility for Russia to gather and use LNG tankers. To that end, Decision (CFSP) 2026/1849 introduces a notification obligation for the sale of LNG tankers and a possibility to introduce new restrictions on the sale of LNG tankers so that those tankers do not benefit Russian interests. Regarding the due diligence to be applied by Union sellers, a Union seller is not to be held liable for a subsequent breach by a buyer of the end-use commitments, provided that the Union seller acted in good faith and did not possess information suggesting an intent to circumvent the measures. The liability for such a breach rests with the third-country buyer that fails to respect the contractual prohibition. The restrictions laid down in Article 3qa of Regulation (EU) No 833/2014 apply to sellers of LNG tankers that are nationals of a Member State, natural persons residing in a Member State or legal persons, entities or bodies which are established in the Union, and require from such sellers due diligence at the time of sale. Those restrictions apply in accordance with Article 13 of Regulation (EU) No 833/2014 and do not have extraterritorial application on non-Union persons and entities. Those restrictions are therefore without prejudice to the flag of the tankers and do not entail for the relevant flag State any responsibility regarding compliance. |
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(21) |
The Union has repeatedly taken measures to identify financial institutions, credit institutions or entities providing crypto-asset services or payment services that facilitate a continued financial lifeline for Russia’s war of aggression against Ukraine, whether by connecting to the system for transfer of financial messages of the Central Bank of the Russian Federation or by enabling the circumvention of Union restrictive measures, and to prohibit any transaction between those institutions or entities and Union operators. Evidence shows that entities in third countries continue to enable Russia to carry out illicit activities. Decision (CFSP) 2026/1849 therefore identifies 4 financial entities and 14 entities providing crypto-asset services by listing them in the relevant Annexes to Decision 2014/512/CFSP, with a view to prohibiting transactions between them and persons located in the Union. In addition, Decision (CFSP) 2026/1849 removes one entity from Annex XVIII to Decision 2014/512/CFSP. Decision (CFSP) 2026/1849 also adds five entities to the list of third-country legal persons, entities or bodies significantly frustrating the purpose of the prohibitions set out in Articles 4o, 4p and 4x of Decision 2014/512/CFSP. Those changes to the listings should also be reflected in the relevant Annexes to Regulation (EU) No 833/2014. |
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(22) |
Decision (CFSP) 2026/1849 extends the prohibition for Russian nationals or natural persons residing in Russia to own or control, or to hold any posts in the governing bodies of, certain legal persons, entities or bodies which are incorporated or constituted under the law of a Member State, so that the prohibition applies to any entity which is providing crypto-asset services, as defined in Regulation (EU) No 2023/1114 of the European Parliament and of the Council (6). |
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(23) |
In order to maintain access to crypto-asset service providers and platforms after Council Regulation (EU) 2026/506 (7) prohibited engaging with any such providers and platforms established in Russia, banks and other persons in Russia, including listed banks, are making use of platforms that are established in third countries other than Russia. A number of those crypto-asset platforms have been listed under Regulation (EU) No 833/2014 for significantly frustrating that Regulation or Council Regulation (EU) No 269/2014 (8). |
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(24) |
In order to address such circumvention of the Union’s restrictive measures through third-country jurisdictions, Decision (CSFP) 2026/1849 introduces the possibility to prohibit all transactions with legal persons, entities or bodies that are entities providing crypto-asset services or are platforms enabling the exchange or transfer of crypto-assets and that are established in the third countries specified in the relevant Annex to Decision 2014/512/CFSP. |
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(25) |
In view of the gravity of the situation, Decision (CFSP) 2026/1849 adds 33 credit or financial institutions to the list of legal persons, entities or bodies subject to a transaction ban. The transaction ban applies to certain Russian credit or financial institutions or other entities, including those subscribing to financial messaging services, or to Russian subsidiaries of third-country credit or financial institutions, which are relevant for the Russian financial and banking system, notably because they are either large or important regional banks, which consequently facilitate regional and federal finances and business, or banks which facilitate cross-border payments, or which are relevant for the Russian aggression against Ukraine, notably because they are banks which undermine the territorial integrity of Ukraine by operating in the occupied territories of Ukraine, or by providing financial services over the occupied territories of Ukraine, or banks which offer financial services to military personnel in the Russian armed forces, or banks which are already the subject of restrictive measures imposed by the Union or by partner countries. Those additional listings should also be reflected in the relevant Annex to Regulation (EU) No 833/2014. |
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(26) |
Decision (CFSP) 2026/1849 introduces a derogation to allow competent authorities to authorise nationals of Member States or of countries of the European Economic Area or Switzerland to withdraw funds they hold at certain credit and financial institutions and entities providing crypto-asset services or payment services which are subject to a prohibition on engaging in any transactions, in order to terminate their operations, contracts or other agreements with the relevant institution or entity. Examples of such termination include where the natural person closes his or her accounts or withdraws all the funds he or she holds at the relevant entity and does not further establish or maintain any contractual relations with the relevant entity. In order to mitigate the risk of circumvention, funds should be transferred to credit or financial institutions incorporated under the law of a Member State or owned or controlled by credit or financial institutions incorporated under the law of a Member State. That exception is without prejudice to the prohibition on operators in the Union providing financial messaging services to the entities listed in Annexes XIV, XLIV and XLV to Regulation (EU) No 833/2014. Therefore, that exception is not to be interpreted as enabling the competent authority to authorise the provision of such services. |
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(27) |
Decision (CFSP) 2026/1849 introduces a narrowly circumscribed derogation to allow the execution of transactions with a specific entity listed under entry number 4 in Annex XVIII to Decision 2014/512/CFSP only if necessary for the payment of a consideration due to a credit institution established in the Union carried out on the basis of a put option right contractually agreed and duly exercised before 28 February 2022. That derogation does not undermine the general objectives of Regulation (EU) No 833/2014, and is justified solely by the need to address an unintended adverse consequence for a Union operator. In line with the position of the Union, that derogation should not authorise the provision of a specialised financial messaging service, which should remain prohibited under any circumstance. |
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(28) |
Decision (CFSP) 2026/1849 introduces a targeted exception to the prohibition to provide services directly related to tourism in Russia. |
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(29) |
Decision (CFSP) 2026/1849 introduces a targeted derogation for specific research institutions from the existing prohibition on the acceptance of financing, donations or any other economic benefits or support from Russia, whether directly or indirectly, to cover existing obligations, for example for the operation, maintenance, modernisation or construction of the research institutions concerned. |
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(30) |
Third countries have adopted restrictive measures similar to those relating to travel through the Union by Russian diplomats and consular officers, as well as members of the administrative, technical or service staff of Russia’s diplomatic missions or consular posts, or their family members. It is thus appropriate to extend the sharing of information with those third countries on possible breaches of the relevant restrictive measures. |
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(31) |
Regulation (EU) No 2026/506 extended the prohibition in Regulation (EU) No 833/2014 on the satisfaction of claims brought by natural or legal persons, entities or bodies established in third countries other than Russia and partner countries listed in the relevant Annex to Regulation (EU) No 833/2014, where those natural or legal persons, entities or bodies are selling, supplying, transferring or exporting goods, technology or services the sale, supply, transfer or export of which is prohibited under Regulation (EU) No 833/2014, whether or not the goods, technology or services originate in the Union. Those persons can, however, bring claims in third-country jurisdictions in connection with contracts and transactions affected by those prohibitions, causing loss to nationals of a Member State or legal persons incorporated under the law of a Member State. Hence, it is necessary to extend the possibility to recover damages before the courts of a Member State. |
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(32) |
Russian legislation and court practice enable persons to lodge a claim before certain Russian courts, which then assert jurisdiction over disputes and render judgments condemning Union companies in relation to contracts or transactions affected by Union restrictive measures. Accordingly, evidence shows that Russian persons, entities or bodies, or persons, entities or bodies acting through or on behalf of one of those Russian persons, entities or bodies, or owned or controlled by such persons, entities or bodies, seek or might seek to initiate and pursue legal proceedings in connection with measures imposed under Regulations (EU) No 269/2014 and (EU) No 833/2014, or seek or might seek to obtain recognition or enforcement of judgments granted through such legal proceedings. In order to preserve the effectiveness of Union restrictive measures, it is necessary for the Union to take action to mitigate the effect of such practices. First, by ensuring that Union courts can issue, in addition to orders to not initiate or to discontinue certain abusive legal proceedings, orders to not seek to enforce, recognise or rely upon any injunction, order, relief, judgment or other court decision, in any jurisdiction, that was or might be obtained in those legal proceedings. Second, by requiring Member States to not recognise or enforce any injunction, order, relief, judgment or other court or administrative decision given by a Russian court or authority in connection with any contract or transaction the performance of which has been affected, directly or indirectly, in whole or in part, by the measures imposed under Regulations (EU) No 269/2014 and (EU) No 833/2014, whether or not the relevant injunction, order, relief, judgment or other court decision is rendered pursuant to Article 248.1 or Article 248.2 of the Arbitration Procedure Code of the Russian Federation. |
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(33) |
Decision (CFSP) 2026/1849 extends the deadlines applicable to certain derogations needed for divestments from Russia. Operators should be aware that Russia is a country where the rule of law is no longer applied, and that the Russian Federation has adopted several pieces of legislation targeting assets of companies from so-called ‘unfriendly countries’, including Member States. That situation has led to the persistent threat of Union assets being stranded in Russia without the possibility for their orderly withdrawal. Against that background, undertakings in the Union are strongly advised to take any possible steps to wind down businesses in Russia and not to start new businesses there. Unfortunately, new legislation, court judgments and practices in Russia have made it even more difficult for Union operators to perform an orderly withdrawal from the Russian market. It is therefore appropriate to extend divestment derogations to enable Union undertakings to exit as swiftly as possible from the Russian market. Those extended derogations are granted on a case-by-case basis by Member States and are focused on allowing an orderly divestment process, which would not be possible without the extension of those deadlines. |
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(34) |
These 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 in all Member States, regulatory action at the level of the Union is necessary. |
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(35) |
Regulation (EU) No 833/2014 should therefore be amended accordingly, |
HAS ADOPTED THIS REGULATION:
Article 1
Regulation (EU) No 833/2014 is amended as follows:
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(1) |
in Article 2(4), point (e) is replaced by the following:
; |
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(2) |
in Article 2a(4), point (e) is replaced by the following:
; |
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(3) |
Article 3i is amended as follows:
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(4) |
Article 3k is amended as follows:
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(5) |
in Article 3m, the following paragraph is added: ‘11. By way of derogation from paragraphs 1 and 2, the competent authorities of the Member States may authorise, under such conditions as they deem appropriate, the purchase, import or transfer of crude oil or petroleum products listed in Annex XXV that originate in or are exported from Russia, as well as the provision of technical assistance, brokering services, financing or financial assistance, or any other related services, after having established that:
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(6) |
in Article 3ma, the following paragraph is added: ‘3. Competent authorities may authorise, under such conditions as they deem appropriate, importers to not provide evidence of the country of origin of the crude oil used for the refining of the product in a third country as referred to in paragraph 1, second subparagraph, after having established that:
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(7) |
Article 3n is amended as follows:
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(8) |
in Article 3nb, the following paragraph is added: ‘5. By way of derogation from paragraph 1, the competent authorities of the Member States may authorise, under such conditions as they deem appropriate, the temporary storage, and the placement under the free-zone procedure pursuant to Article 245(3) of Regulation (EU) No 952/2013, of crude oil or petroleum products listed in Annex XXV to this Regulation in Union territory, if the goods originate in or are exported from Russia, after having established that:
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(9) |
the following article is inserted: ‘Article 3qa 1. Any sale or other arrangement entailing a transfer of ownership by a national of a Member State, by a natural person residing in a Member State or by a legal person, entity or body which is established in the Union to any third country of an LNG tanker vessel falling under CN code ex 8901 20 shall be notified immediately to the competent authorities of the Member State where the owner of the vessel is a citizen, a resident or is established. The notification to the competent authority shall contain at least the following information:
2. The Member State concerned shall inform the other Member States and the Commission of any notification under paragraph 1, within one week of the notification. 3. On the basis of an assessment by the Commission of the information provided under paragraphs 1 and 2, the Council shall review by 25 October 2026 whether a prohibition as provided for in paragraphs 4 to 9 should enter into force. 4. From the date decided by the Council under paragraph 10, it shall be prohibited for any national of a Member State, any natural person residing in a Member State and any legal person, entity or body which is established in the Union to sell, or otherwise transfer ownership, directly or indirectly, of liquified natural gas (LNG) tanker vessels falling under CN code ex 8901 20 to any natural or legal person, entity or body in Russia or for use in Russia. 5. In accordance with paragraph 4, any national of a Member State, any natural person residing in a Member State and any legal person, entity or body which is established in the Union that sells or otherwise transfers the ownership, to persons, entities and bodies in any third country, directly or indirectly, of an LNG tanker vessel falling under CN code ex 8901 20 shall:
6. Natural and legal persons, entities or bodies referred to in paragraph 5 acquiring LNG tanker vessels shall provide all the information necessary for the completion of the steps referred to in point (a) of that paragraph. 7. The steps referred to in paragraph 5, point (a), shall address all relevant information available at the time of the sale or transfer. 8. Any sale or other arrangement entailing a transfer of ownership by a national of a Member State, by a natural person residing in a Member State or by a legal person, entity or body which is established in the Union to any third country of an LNG tanker vessel falling under CN code ex 8901 20 shall contain a written contractual prohibition on any further resale or transfer of the vessel to any natural or legal person, entity or body in Russia or for use in Russia. 9. The sale or other arrangement referred to in paragraph 8 shall also include written contractual provisions by which the third-country party acquiring the vessel:
10. Paragraphs 4 to 9 shall apply from the date of entry into force of a Regulation to be adopted by the Council, upon a joint proposal from the High Representative and the Commission, based on the assessment carried out by the Commission referred to in paragraph 3.’ |
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(10) |
in Article 3ra, the following paragraphs are added: ‘5. The prohibitions in paragraphs 1, 2 and 3 of this Article shall not apply to the transport by vessel, or to technical assistance, brokering services, financing or financial assistance related to such transport, of the products listed in Part B of Annex XXIX to the third countries mentioned therein, for the duration specified in that Annex. 6. Without prejudice to paragraph 5, paragraph 1 shall not apply until 25 July 2027 and thereafter for successive periods of one year, unless the Council following an annual review decides otherwise, to transfers and, where relevant, purchases related to those transfers that are destined for third countries when both the transfer and the purchase are executed under contracts concluded before 24 February 2022, the duration of which exceeds one year and which were not amended after that date, unless such amendment is limited to:
The temporary exemption to the prohibition in paragraph 1 of this Article to transfers of LNG, as set out in the first subparagraph of this paragraph, shall only apply in a given year up to the yearly volume of LNG originating in or exported from Russia in 2025 transferred by a natural or legal person, entity or body referred to in Article 13 under the existing long-term contracts of that person, entity or body, as specified in the first subparagraph of this paragraph, irrespective of its destination. Natural or legal persons, entities and bodies transferring LNG originating in or exported from Russia to third countries shall report the relevant historical volumes to the competent authorities of the Member State in which they are established by 25 August 2026, and that Member State shall report that information to the Commission without undue delay. The measures provided for in this paragraph shall be kept under regular review. By 25 June 2027 and every 12 months thereafter, the Commission shall submit to the Council an assessment of the measures provided for in this paragraph. That assessment may be submitted at an earlier date where deemed justified by the Commission. Acting on the basis of the Commission’s assessment, the Council shall on an annual basis and without undue delay review the functioning of the measures provided for in this paragraph in the light of their economic effects and the objectives of this Regulation. Following its review, the Council may decide, upon a joint proposal from the High Representative and the Commission to shorten, extend or terminate the temporary exemption in this paragraph, taking into account the effectiveness of the prohibition in this Article as well as the specific situations of certain Member States and the economic circumstances of the natural or legal persons, entities and bodies referred to in Article 13. By 25 August 2026 and every three months thereafter, natural or legal persons, bodies and entities referred to in Article 13 that transfer or purchase in relation to that transfer LNG originating in or exported from Russia to third countries shall report to the competent authorities of the Member State in which they are established at least the following information with respect to each shipment, as available, for a transfer or purchase related to that transfer, which that Member State shall report to the Commission without undue delay:
Member States and the Commission shall ensure the protection of confidential information acquired in the application of this Article in accordance with Union law and relevant national law. Member States and the Commission shall ensure that classified information provided or exchanged pursuant to this Article is not downgraded or declassified without the prior written consent of the originator of that classified information.’ |
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(11) |
Article 3rb is replaced by the following: ‘Article 3rb From 1 January 2027, it shall be prohibited to provide, directly or indirectly, LNG terminal services to any natural or legal person, entity or body in Russia, or to any legal person, entity or body which is more than 50 % owned, or which is controlled directly or indirectly, by a Russian citizen or by a legal person, entity or body in Russia. It shall be prohibited to maintain contracts concerning prohibited LNG services pursuant to this Article after 1 January 2027 |
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(12) |
in Article 3s(2), the following points are added:
; |
|
(13) |
Article 5aa is amended as follows:
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|
(14) |
in Article 5ac, the following paragraphs are added: ‘8. By way of derogation from paragraph 2, the competent authorities of a Member State may authorise transactions which are strictly necessary for the withdrawal of funds or the closing of accounts owned or held by a national of a Member State, of a country member of the European Economic Area or of Switzerland, or by natural persons having a temporary or permanent residence permit in a Member State, in a country member of the European Economic Area or in Switzerland, held at legal persons entities or bodies listed in Annex XLIV and which were included in that Annex on or after 24 July 2026, under such conditions as the competent authorities deem appropriate and after having determined that:
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. 9. By way of derogation from paragraph 2, the competent authorities of a Member State may authorise the execution of transactions with the entity listed under entry number 4 in Annex XLIV, under such conditions as they deem appropriate and after having determined that the execution of the transaction is necessary for the payment of a consideration due to a credit institution established in the Union carried out on the basis of a put option right contractually agreed and duly exercised before 28 February 2022. 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.’ |
|
(15) |
in Article 5ad, the following paragraph is added: ‘4. By way of derogation from paragraph 1, the competent authorities of a Member State may authorise transactions which are strictly necessary for the withdrawal of funds or the closing of accounts owned or held by a national of a Member State, of a country member of the European Economic Area or of Switzerland, or by natural persons having a temporary or permanent residence permit in a Member State, in a country member of the European Economic Area or in Switzerland, held at legal persons, entities or bodies listed in Annex XLV and which were included in that Annex on or after 24 July 2026, under such conditions as the competent authorities deem appropriate and after having determined that:
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.’ |
|
(16) |
in Article 5ae, the following paragraphs are inserted: ‘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:
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.’ |
|
(17) |
in Article 5af(3), first subparagraph, the introductory wording is replaced by the following: ‘3. By way of derogation from paragraph 1, the competent authorities may authorise, under such conditions as they deem appropriate, transactions that are strictly necessary:’ |
|
(18) |
in Article 5b, paragraph 2a is replaced by the following: ‘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.’ |
|
(19) |
the following article is inserted: ‘Article 5bc 1. It shall be prohibited to engage, directly or indirectly, in any transaction with a legal person, entity or body that is an entity providing crypto-asset services or is a platform enabling the exchange or transfer of crypto-assets and is established in a third country listed in Annex LVII. 2. Annex LVII shall include only third countries that have been identified by the Council as having systematically and persistently failed to prevent the provision of crypto-asset services, or to prevent platforms exchanging or transferring crypto-assets, in frustration of the provisions of this Regulation or of Regulation (EU) No 269/2014. 3. The prohibition in paragraph 1 shall not apply to transactions made by nationals of a Member State who are residents of a country listed in Annex LVII and were so before the relevant date indicated in that Annex.’ |
|
(20) |
in Article 5h, the following paragraph is added: ‘3. By way of derogation from paragraph 1, the competent authorities of a Member State may authorise transactions which are strictly necessary for the withdrawal of funds or the closing of accounts owned or held by a national of a Member State, of a country member of the European Economic Area or of Switzerland, or by natural persons having a temporary or permanent residence permit in a Member State, in a country member of the European Economic Area or in Switzerland, held at legal persons, entities or bodies listed in Annex XIV and which were included in that Annex on or after 24 July 2026, under such conditions as the competent authorities deem appropriate and after having determined that:
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.’ |
|
(21) |
in Article 5n, the following paragraph is inserted: ‘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 (*1), or any successive Regulation replacing it. (*1) Regulation (EC) No 80/2009 of the European Parliament and of the Council of 14 January 2009 on a Code of Conduct for computerised reservation systems and repealing Council Regulation (EEC) No 2299/89 (OJ L 35, 4.2.2009, p. 47, ELI: http://data.europa.eu/eli/reg/2009/80/oj).’;" |
|
(22) |
Article 5t is amended as follows:
|
|
(23) |
in Article 5v, paragraph 5 is replaced by the following: ‘5. Member States shall inform the Council, Iceland, Liechtenstein, Norway and Switzerland of any cases of breach of the obligation in paragraph 1.’ |
|
(24) |
in Article 7a, the following paragraph is added: ‘2. The obligation of the Commission under paragraph 1(a) shall be suspended from … 24 July 2026 to 14 July 2027 |
|
(25) |
in Article 11, paragraph 4 is replaced by the following: ‘4. By way of derogation from paragraph 1, the competent authorities, based on a specific and case-by-case assessment, may authorise, until 31 December 2027, the satisfaction of a claim made by one of the persons, entities and bodies indicated in paragraph 1, point (b), under such conditions as the competent authorities deem appropriate and after having determined that the satisfaction of the claim is strictly necessary for the divestment from Russia or the wind-down of business activities in Russia.’ |
|
(26) |
in Article 11a, paragraph 1 is replaced by the following: ‘1. Any person referred to in Article 13, point (c) or (d), shall be entitled to recover, in judicial proceedings before the competent courts of a Member State, any direct or indirect damages, including legal costs, incurred by that person or by a legal person, entity or body that the person referred to in Article 13, point (d), owns or controls, as a consequence of claims lodged with courts in third countries by persons, entities and bodies referred to in Article 11(1), point (a), (b), (c) or (d), in connection with any contract or transaction the performance of which has been affected, directly or indirectly, in whole or in part, by the measures imposed under this Regulation, provided that the person concerned does not have effective access to the remedies under the relevant jurisdiction. Such damages may be recovered from the persons, entities or bodies referred to in Article 11(1), point (a), (b), (c) or (d), that lodged the claims with the courts in the third country, or from persons, entities or bodies that own or control those entities or bodies.’ |
|
(27) |
in Article 11c, paragraph 1 is replaced by the following: ‘1. No injunction, order, relief, judgment or other court or administrative decision pursuant to or derived from Article 248.1 or Article 248.2 of the Arbitration Procedure Code of the Russian Federation or equivalent Russian legislation, or given by a Russian court or authority pursuant to any other law of the Russian Federation, holding a person referred to in Article 13, point (c) or (d), liable, whether in contract or in tort or on any other legal basis, or giving effect, directly or indirectly, to any claim, right or alleged obligation against such person, including in the context of insolvency, bankruptcy, restructuring or analogous proceedings, in connection with any contract or transaction the performance of which has been affected, directly or indirectly, in whole or in part, by the measures imposed under this Regulation, shall be recognised, given effect or enforced in a Member State.’ |
|
(28) |
Article 11ca is replaced by the following: ‘Article 11ca 1. Without prejudice to Articles 11a and 11b, in the event that a person referred to in Article 11(1), point (a), (b) or (c), of this Regulation initiated proceedings before a Russian court in connection with any contract or transaction the performance of which has been affected, directly or indirectly, in whole or in part, by the measures imposed under this Regulation or under Regulation (EU) No 269/2014, in breach of an exclusive jurisdiction or arbitration clause, or abusively pursuant to Article 248.1 or Article 248.2 of the Arbitration Procedure Code of the Russian Federation or equivalent Russian legislation, or pursuant to any other law of the Russian Federation, or in frustration of the Union’s restrictive measures, against a natural or legal person, entity or body referred to in Article 13, point (c) or (d), of this Regulation to obtain an injunction, order, relief, judgment or other court decision, the natural or legal person, entity or body referred to in Article 13, point (c) or (d), of this Regulation shall be entitled to obtain, in judicial proceedings before the competent courts of a Member State, a court order ordering the person indicated in Article 11(1), point (a), (b) or (c), of this Regulation:
2. Failure to observe the court order referred to in paragraph 1 of this Article shall lead to financial penalties imposed by the court proportionate to the potential loss which could be incurred by the natural or legal person, entity or body referred to in Article 13, point (c) or (d), as a result of such violation. Payment of those financial penalties shall be made to the natural or legal person, entity or body referred to in Article 13, point (c) or (d), that submitted the request for the court order.’ |
|
(29) |
Article 12b is amended as follows:
|
|
(30) |
Annex IV is amended in accordance with Annex I to this Regulation; |
|
(31) |
Annex VII is amended in accordance with Annex II to this Regulation; |
|
(32) |
Annex XIV is amended in accordance with Annex III to this Regulation; |
|
(33) |
Annex XXI is amended in accordance with Annex IV to this Regulation; |
|
(34) |
Annex XXIX is amended in accordance with Annex V to this Regulation; |
|
(35) |
Annex XLII is amended in accordance with Annex VI to this Regulation; |
|
(36) |
Annex XLIV is amended in accordance with Annex VII to this Regulation; |
|
(37) |
Annex XLV is amended in accordance with Annex VIII to this Regulation; |
|
(38) |
Annex XLVII is amended in accordance with Annex IX to this Regulation; |
|
(39) |
Annex LVII is added in accordance with Annex X to this Regulation. |
Article 2
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 23 July 2026.
For the Council
The President
T. BYRNE
(1) OJ L, 2026/1849, 23.7.2026, ELI: http://data.europa.eu/eli/dec/2026/1849/oj.
(2) Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L 229, 31.7.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/833/oj).
(3) Council Decision 2014/512/CFSP of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L 229, 31.7.2014, p. 13, ELI: http://data.europa.eu/eli/dec/2014/512/oj).
(4) Council Decision (CFSP) 2025/1495 of 18 July 2025 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/1495, 19.7.2025, ELI: http://data.europa.eu/eli/dec/2025/1495/oj).
(5) Council Decision (CFSP) 2025/2032 of 23 October 2025 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/2032, 23.10.2025, ELI: http://data.europa.eu/eli/dec/2025/2032/oj).
(6) Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets, and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (OJ L 150, 9.6.2023, p. 40, ELI: http://data.europa.eu/eli/reg/2023/1114/oj).
(7) Council Regulation (EU) 2026/506 of 23 April 2026 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2026/506, 23.4.2026, ELI: http://data.europa.eu/eli/reg/2026/506/oj).
(8) Council Regulation (EU) No 269/2014 of 17 March 2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine ( OJ L 78, 17.3.2014, p. 6, ELI: http://data.europa.eu/eli/reg/2014/269/oj).
ANNEX I
Annex IV to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
entry 581 is replaced by the following:
|
|
(2) |
the following entries are added:
|
ANNEX II
Annex VII to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
in Part A, Category III, Part 1 (Telecommunications), section X.A.III.101 (Telecommunication equipment), the following items are added:
|
|
(2) |
in Part A, Category IX (Special Materials and Related Equipment), the following sections are inserted:
|
|
(3) |
in Part A, Category VII (Aerospace and Propulsion), the following sections are inserted:
|
ANNEX III
In Annex XIV to Regulation (EU) No 833/2014, the following entries are added:
|
Name of the legal person, entity or body |
Date of application |
|
‘Joint Stock Company Commercial Bank Energobank |
13.8.2026 |
|
Joint Stock Company Bank Finservice |
13.8.2026 |
|
Commercial Bank Moskommertsbank |
13.8.2026 |
|
Joint Stock Company Ingo Bank |
13.8.2026 |
|
Joint Stock Company Realist Bank |
13.8.2026 |
|
Joint Stock Company Bank United Capital |
13.8.2026 |
|
Joint Stock Company Togliattikhimbank |
13.8.2026 |
|
Limited Liability Company Cifra Bank |
13.8.2026 |
|
Joint Stock Company Databank |
13.8.2026 |
|
Joint Stock Commercial RosDorBank |
13.8.2026 |
|
Public Joint Stock Company YUG-Invest Bank |
13.8.2026 |
|
Joint Stock Company Auto Finance Bank |
13.8.2026 |
|
Commercial bank Renaissance Credit (Limited Liability Company) |
13.8.2026 |
|
Public Joint Stock Company Commercial Bank Primorye |
13.8.2026 |
|
Public Joint Stock Company Transcapitalbank |
13.8.2026 |
|
Joint Stock Company Bank National Standard |
13.8.2026 |
|
Public Joint Stock Company National Bank Trust |
13.8.2026 |
|
Public Joint Stock Company Chelindbank |
13.8.2026 |
|
Joint Stock Company Koshelev-Bank |
13.8.2026 |
|
Joint Stock Commercial Bank International Financial Club - MFK Bank |
13.8.2026 |
|
Joint Stock Commercial Bank Unistream |
13.8.2026 |
|
Joint Stock Company SPB Bank |
13.8.2026 |
|
Joint Stock Company Gazenergobank |
13.8.2026 |
|
Public Joint Stock Company Commercial Bank Center-Invest |
13.8.2026 |
|
Joint Stock Company Commercial Bank Modulbank |
13.8.2026 |
|
Limited Liability Company Bank Round |
13.8.2026 |
|
Joint Stock Commercial Bank Agropromcredit |
13.8.2026 |
|
Joint Stock Company Bank Accept |
13.8.2026 |
|
Joint Stock Company Interprogressbank |
13.8.2026 |
|
Joint Stock Commercial Bank Forshtadt |
13.8.2026 |
|
Joint Stock Company Belgorodsotsbank |
13.8.2026 |
|
Limited Liability Company CMRBank |
13.8.2026 |
|
Joint Stock Company Credit Ural Bank |
13.8.2026’. |
ANNEX IV
Annex XXI to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
the following entries are inserted:
|
|
(2) |
the entry for CN code 4302 is replaced by the following:
|
ANNEX V
Annex XXIX to Regulation (EU) No 833/2014 is replaced by the following:
‘ANNEX XXIX
Part A - List of products and third countries referred to in Article 3n(6b), point (b)
|
Scope of exemption |
Date of application |
Date of expiration |
|
The transport by vessel to Japan, the technical assistance, brokering services, financing or financial assistance related to such transport, of crude oil falling under CN 2709 00 commingled with condensate, originating in the Sakhalin-2 (Сахалин-2) Project, located in Russia |
5 December 2022 |
31 March 2028 |
Part B - List of products and third countries referred to in Article 3ra(5)
|
Scope of exemption |
Date of application |
Date of expiration |
|
The transport by vessel to Japan, the technical assistance, brokering services, financing or financial assistance related to such transport, of liquified natural gas falling under CN code 2711 11 00, originating in the Sakhalin-2 (Сахалин-2) Project, located in Russia |
24 July 2026 |
31 March 2028 |
|
The transport by vessel to the Republic of Korea, the technical assistance, brokering services, financing or financial assistance related to such transport, of liquified natural gas falling under CN code 2711 11 00, originating in the Sakhalin-2 (Сахалин-2) Project, located in Russia |
24 July 2026 |
31 March 2028 ’. |
ANNEX VI
Annex XLII to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
entry 629 is replaced by the following:
|
|
(2) |
the following entries are added:
|
ANNEX VII
Annex XLIV to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
the following entry is deleted:
|
|
(2) |
the following entry is added:
|
ANNEX VIII
Annex XLV to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
the following entries are added to Part A (list of credit and financial institutions and entities providing crypto-assets services or payment services established outside of the Union that are significantly frustrating the purpose of the prohibitions in this Regulation and Regulation (EU) No 269/2014):
|
|
(2) |
the following entries are added to Part C (list of legal persons, entities or bodies established outside of the Union that are significantly frustrating the purpose of the prohibitions set out in Articles 3m, 3n and 3s of this Regulation):
|
ANNEX IX
Annex XLVII to Regulation (EU) No 833/2014 is amended as follows:
|
(1) |
the following entries are added to Part A (List of ports and locks in Russia):
|
|
(2) |
the following entries are added to Part B (List of airports):
|
|
(3) |
the following Part is added: ‘Part D – List of refineries in Russia and in third countries other than Russia
|
ANNEX X
The following Annex is added to Regulation (EU) No 833/2014:
‘ANNEX LVII
List of countries referred to in Article 5bc’.
ELI: http://data.europa.eu/eli/reg/2026/1848/oj
ISSN 1977-0677 (electronic edition)
