This Council Regulation amends Regulation (EU) No 833/2014 concerning restrictive measures against Russia. The act introduces several important changes to the sanctions regime:The regulation adds 32 new entities to the list of persons and bodies subject to tighter export restrictions regarding dual-use goods and technology that could enhance Russia’s defense and security sector. It also includes entities in third countries that indirectly support Russia’s military capabilities through sanctions circumvention.The main provisions include:
- Addition of new vessels to the list banned from EU ports and maritime services
- Clarification of rules regarding central securities depositories’ management of frozen assets
- Introduction of prohibition on recognition or enforcement in the EU of Russian anti-suit injunctions and related court decisions
- Extension of deadlines for certain derogations related to divestments from Russia until December 31, 2025
- Updates to the list of vessels subject to restrictions, adding 79 vessels in total
Key structural changes include amendments to Articles 3m, 5a, 5aa, 11, and the addition of new Article 11c prohibiting recognition of Russian court decisions. The regulation also significantly expands Annexes I and XLII with new listings of entities and vessels subject to restrictions.