Recital 3

Council Implementing Regulation (EU) 2024/2761 of 24 October 2024 implementing Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

(3) On 21 May 2024, the Council adopted Regulation (EU) 2024/1469 (3). Regulation (EU) 2024/1469 amended Regulation (EU) No 833/2014 and established a financial contribution due to the Union by central securities depositories that hold reserves and assets of the Central Bank of Russia with a total value of more than EUR 1 million, equivalent to 99,7 % of net profits ensuing from the unexpected and extraordinary revenues accruing to those depositories since 15 February 2024 as a result of the implementation of restrictive measures, in particular the prohibition laid down in Article 1a(4) of Decision 2014/512/CFSP and Article 5a(4) of Regulation (EU) No 833/2014. Regulation (EU) 2024/1469 introduced Annex XLI to Regulation (EU) No 833/2014 in order to set out the allocation of the financial contributions payable to different spending instruments or Union programmes under the Union budget.

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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.