Recital 16

(16) Decision (CFSP) 2025/1495 expands the transaction ban on third-country credit and financial institutions and crypto assets services providers to include entities that are significantly frustrating the purpose of the prohibitions in Regulation (EU) No 833/2014 and Regulation (EU) No 269/2014. The expansion of the transaction ban also covers third-country financial institutions and crypto assets services providers that support Russia’s war of aggression against Ukraine, including by processing transactions or providing export financing for trade operations that frustrate the purposes of Regulation (EU) No 833/2014. Decision (CFSP) 2025/1495 adds 2 entities to the list of third country financial institutions subject to that ban. Finally, the transaction ban also covers any third-country legal person, entity or body that is not a credit or financial institution or an entity providing crypto assets services, including oil traders, that is significantly frustrating the purpose of the prohibitions set out in Articles 3m, 3n and 3s of Regulation (EU) No 833/2014.

← Recital 15 · All articles · Recital 17 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-16 · Text as adopted (Official Journal); later amendments are not incorporated in this text.