Recital 20

Council Regulation (EU) 2024/1469 of 21 May 2024 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

(20) In particular, since 15 February 2024, central securities depositories holding reserves and assets of the Central Bank of Russia with a total value of more than EUR 1 million must account for and manage such extraordinary cash balances accumulating due to the immobilisation of assets and reserves of the Central Bank of Russia separately from their other activities, and also keep the unexpected and extraordinary revenues generated separate.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-17 · Text as adopted (Official Journal); later amendments are not incorporated in this text.