Recital 21

Council Regulation (EU) 2025/1494 of 18 July 2025 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

(21) The Russian banking and financial sector is key to Russia’s war effort. With the aim of preventing its further development, Decision (CFSP) 2025/1495 imposes a prohibition on the provision of software with certain uses in the banking and financial sector.

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