Recital 25

(25) In view of the gravity of the situation, Decision (CFSP) 2026/1849 adds 33 credit or financial institutions to the list of legal persons, entities or bodies subject to a transaction ban. The transaction ban applies to certain Russian credit or financial institutions or other entities, including those subscribing to financial messaging services, or to Russian subsidiaries of third-country credit or financial institutions, which are relevant for the Russian financial and banking system, notably because they are either large or important regional banks, which consequently facilitate regional and federal finances and business, or banks which facilitate cross-border payments, or which are relevant for the Russian aggression against Ukraine, notably because they are banks which undermine the territorial integrity of Ukraine by operating in the occupied territories of Ukraine, or by providing financial services over the occupied territories of Ukraine, or banks which offer financial services to military personnel in the Russian armed forces, or banks which are already the subject of restrictive measures imposed by the Union or by partner countries. Those additional listings should also be reflected in the relevant Annex to Regulation (EU) No 833/2014.

← Recital 24 · All articles · Recital 26 →

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