Recital 21

(21) The Union has repeatedly taken measures to identify financial institutions, credit institutions or entities providing crypto-asset services or payment services that facilitate a continued financial lifeline for Russia’s war of aggression against Ukraine, whether by connecting to the system for transfer of financial messages of the Central Bank of the Russian Federation or by enabling the circumvention of Union restrictive measures, and to prohibit any transaction between those institutions or entities and Union operators. Evidence shows that entities in third countries continue to enable Russia to carry out illicit activities. Decision (CFSP) 2026/1849 therefore identifies 4 financial entities and 14 entities providing crypto-asset services by listing them in the relevant Annexes to Decision 2014/512/CFSP, with a view to prohibiting transactions between them and persons located in the Union. In addition, Decision (CFSP) 2026/1849 removes one entity from Annex XVIII to Decision 2014/512/CFSP. Decision (CFSP) 2026/1849 also adds five entities to the list of third-country legal persons, entities or bodies significantly frustrating the purpose of the prohibitions set out in Articles 4o, 4p and 4x of Decision 2014/512/CFSP. Those changes to the listings should also be reflected in the relevant Annexes to Regulation (EU) No 833/2014.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.