European Commission updates its FAQs on sanctions imposed to Russia
05 May 2022
The European Commission has published a number of Frequently Asked Questions (FAQs) on the sanctions adopted in 2022 following Russia’s military aggression against Ukraine.
The EU Commission additionally provides a timeline on the measures adopted and an overview of the sanctions in place. The FAQs issued by the EU Commission are helpful concentrated on this page as relevant to the restrictive measures adopted against Russia and Belarus.
FAQs published to also clarify on a range of matters, such as:
- Horizontal – General questions, Circumvention and due diligence
- Individual financial measures – Asset freeze and prohibition to provide funds or economic resources
- Finance and banking – Insurance and reinsurance, Deposits, Trading, Russian Central Bank, Sale of securities, Banknotes, Investment funds, Central securities depositories, Credit rating, Crypto, SWIFT, (Re)financing
- Trade and Customs – Export-related restrictions, Customs related matters, Gas imports, Luxury goods, Maritime safety, Financial assistance, Technical assistance, Donetsk and Luhansk oblasts
- Other Fields – Aviation, Energy sector, Media, Access to EU ports, Road transport, Humanitarian aid, Intellectual property rights
The latest updates on FAQs are listed below:
- 5 May: Luxury goods, assets freeze, circumvention and due diligenceand trading
- 3 May: Insurance and reinsurance, sale of securitiesand deposits
- 2 May: Humanitarian aid
- 29 April: Assets freeze and prohibition to provide funds or economic resources
- 27 April: Access to EU ports
- 26 April: Central securities depositories, maritime safetyand intellectual property rights
The European Commission’s publication can be found here.