Recital 13

(13) Decision (CSFP) 2025/2032 expands the transaction ban that applies to legal persons, entities or bodies that are connecting to the system for transfer of financial messages (‘SPFS’) of the Central Bank of the Russian Federation (‘Central Bank of Russia’) or equivalent specialised financial messaging services set up by the Central Bank of Russia, to other payment services, such as the Russian National Payment Card System (in Russian, ‘Mir’) or the Fast Payments System (‘SBP’), set up by the Central Bank of Russia or by other Russian entities. It also adds exemptions for transactions that are necessary for the functioning of diplomatic and consular representations of the Union and of the Member States in third countries and for transactions made by nationals of a Member State who are residents of a third country, for transactions that are necessary for existing contracts and the reception of payments, and for Member States’ ethnic minorities in Russia.

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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.