Okay, I can help you with that. Here’s a breakdown of Council Implementing Regulation (EU) 2026/695:
**1. Essence of the Act:**
This regulation amends Council Regulation (EU) No 269/2014, which concerns restrictive measures against actions undermining or threatening the territorial integrity, sovereignty, and independence of Ukraine. The new regulation updates the list of individuals and entities subject to these measures, modifying existing entries and removing entries for deceased individuals or those no longer meeting the criteria for sanctions.
**2. Structure and Main Provisions:**
* **Article 1:** This article states that Annex I of Regulation (EU) No 269/2014 is amended according to the Annex of this new regulation.
* **Article 2:** Specifies the regulation’s entry into force, which is the day following its publication in the Official Journal of the European Union.
* **Annex:**
* Deletes entries of deceased persons.
* Deletes entries of other persons.
* Replaces entries with updated information concerning listed persons and entities.
**3. Main Provisions and Changes ():**
* **Deletions:** The regulation removes listings for individuals who have died and for other persons.
* **Updates:** The core of the regulation involves updating information on individuals and entities already subject to sanctions. This includes changes to identifying information (e.g., addresses, dates of birth) and, crucially, the reasons for their listing. The updated reasons provide more current justifications for why these individuals and entities are subject to restrictive measures, often reflecting their continued or altered involvement in activities undermining Ukraine’s territorial integrity.
* **Impact on Sanctions:** This regulation directly affects the enforcement of sanctions. Financial institutions, businesses, and individuals within the EU must ensure they are using the most current information when screening against the sanctions list to comply with EU law.
* **Targeted Measures:** The regulation reinforces the EU’s policy of targeted sanctions, aiming to impact those directly responsible for or involved in actions against Ukraine, while minimizing broader economic consequences.
