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EU general
Financial restrictions
Ban on FX reserve and asset management
Russia
Public debt
Existing prohibitions on undertaking transactions related to the management of reserves and of assets of the Central Bank of Russia (28 February 2022) are expanded to include the Russian National Wealth Fund. Link to the original
09.03.2022
Completion date: 31.01.2023
10.03.2022
EU general
Financial restrictions
Crypto transaction ban
Russia
Comprehensive - entities, individuals
Clarification that crypto assets fall under the scope of “transferable securities”. It is also confirmed the common understanding that loans and credit also include crypto assets. Link to the original
09.03.2022
Completion date: 31.01.2023
10.03.2022
EU general
Trade restrictions
Trade finance ban
Belarus
Comprehensive - financial
Prohibition on providing public financing or financial assistance for trade with, or investment in, Belarus, subject to certain exceptions. Link to the original

The prohibition shall not apply to:
– binding financing or financial assistance commitments established prior to 10 March 2022;
– the provision of public financing or financial assistance up to the total value of EUR 10 million per project benefiting SMEs established in the Union; or
– the provision of public financing or financial assistance for trade in food, and for agricultural / medical / humanitarian purposes,

09.03.2022
Completion date: 31.01.2023
10.03.2022
EU general
Financial restrictions
Deposit ban
Belarus
Comprehensive - individuals
Prohibition on accepting deposits from Belarusian nationals/residents, or entities established in Belarus in excess of EUR 100,000 per credit institution. Link to the original

Exceptions for: nationals or, or persons having temporary residence in, an EU member state, EEA country or Switzerland; deposits which are necessary for non-prohibited cross-border trade in goods and services between the EU and Belarus.

The competent authorities may authorise the acceptance of such a deposit, under such conditions as they deem appropriate, after having determined that the acceptance of such a deposit is:
(a) necessary to satisfy the basic needs of natural or legal persons, entities or bodies referred to in Article 1u(1) and their dependent family members, including payments for food, rent or mortgage, medicines and medical treatment, taxes, insurance premiums, and public utility charges;
(b) intended exclusively for the payment of reasonable professional fees or the reimbursement of incurred expenses associated with the provision of legal services;
(c) necessary for extraordinary expenses, provided that the relevant competent authority has notified the competent authorities of the other Member States and the Commission of the grounds on which it considers that a specific authorisation should be granted, at least two weeks prior to the authorisation; or
(d) necessary for official purposes of a diplomatic mission or consular post or international organisation.
(e) necessary for humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance or for evacuations; or
(f) necessary for civil society activities that directly promote democracy, human rights or the rule of law in Belarus.

09.03.2022
Completion date: 31.01.2023
10.03.2022
EU general
Financial restrictions
Money and capital markets restrictions
Belarus
Comprehensive - individuals
Prohibiting provision of various services by EU central securities depositories for transferable securities issued after 12 April 2022 to Belarusian nationals or residents or legal persons, entities or bodies established in Belarus. Link to the original

Shall not apply to nationals of a Member State or natural persons having a temporary or permanent
residence permit in a Member State,

09.03.2022
Completion date: 31.01.2023
12.04.2022
EU general
Financial restrictions
Money and capital markets restrictions
Belarus
Investments
Prohibition on listing on EU trading venues (and providing services) for the transferable securities of any entity in established in Belarus and with over 50% public ownership from 12 April 2022. Link to the original
09.03.2022
Completion date: 31.01.2023
12.04.2022
EU general
Trade restrictions
Export ban
Belarus
Energy - Oil
Prohibition to purchase, import or transfer, directly or indirectly, from Belarus of mineral fuels, bituminous substances and gaseous hydrocarbon products. Link to the original
02.03.2022
Completion date: 31.01.2023
03.03.2022
EU general
Trade restrictions
Export ban
Belarus
Industry - Wood
Prohibition (a) to import, directly or indirectly, wood products (Annex X) into the EU if they: (i) originate in Belarus; or (ii) have been exported from Belarus; (b) to purchase, directly or indirectly, wood products referred to in point (a) which are located in or which originated in Belarus; (c) to transport wood products referred to in point (a) if they originated in Belarus or are being exported from Belarus to any other country; (d) to provide, directly or indirectly, technical assistance, brokering services, financing or financial assistance, including financial derivatives, as well as insurance and re-insurance, related to the prohibitions in points (a), (b) and (c). Link to the original
02.03.2022
Completion date: 31.01.2023
03.03.2022
EU general
Trade restrictions
Export ban
Belarus
Cement and cement products
Prohibition (a) to import, directly or indirectly, cement products (listed in Annex XI) into the EU if they: (i) originate in Belarus; or (ii) have been exported from Belarus; (b) to purchase, directly or indirectly, cement products referred to in point (a) which are located in or which originated in Belarus; (c) to transport cement products referred to in point (a) if they originated in Belarus or are being exported from Belarus to any other country; (d) to provide, directly or indirectly, technical assistance, brokering services, financing or financial assistance, including financial derivatives, as well as insurance and re-insurance, related to the prohibitions in points (a), (b) and (c). Link to the original
02.03.2022
Completion date: 31.01.2023
03.03.2022
EU general
Trade restrictions
Export ban
Belarus
Industry - Iron and steel
Prohibition (a) to import, directly or indirectly, iron and steel products (listed in Annex XII) into the EU if they: (i) originate in Belarus; or (ii) have been exported from Belarus; (b) to purchase, directly or indirectly, iron and steel products referred to in point (a) which are located in or which originated in Belarus; (c) to transport iron and steel products referred to in point (a) if they originated in Belarus or are being exported from Belarus to any other country; (d) to provide, directly or indirectly, technical assistance, brokering services, financing or financial assistance, including financial derivatives, as well as insurance and re-insurance, related to the prohibitions in points (a), (b) and (c). Link to the original
02.03.2022
Completion date: 31.01.2023
03.03.2022