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Finance

Frequently asked questions

Concerning sanctions adopted following Russia’s military aggression against Ukraine and Belarus' involvement in it.

FAQs per topic

Horizontal

General questions, circumvention and due diligence, execution of contracts and claims.

Finance and banking

Deposits, insurance/reinsurance, CSDs, crypto assets, Russian Central Bank, sale of securities, trading, SWIFT and other.

Trade and customs

Imports, exports (dual-use), customs matters, occupied territories of Ukraine, transit of listed goods via Russia and other.

Energy

Oil imports, oil reporting obligation, oil price cap, gas imports and energy financing.

Sector specific questions

Services, IP, public procurement, transport, medicines and medical services, chemicals, media and other.

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Frequently asked questions (12)

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  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Crypto assets

FAQs on sanctions against Russia and Belarus, with focus on the following provision: Article 5b(2) of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Specialised financial messaging services

FAQs on sanctions against Russia and Belarus, with focus on the following provision: Article 5h of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Insurance and reinsurance

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 3c, 3m and 3n of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Central securities depositories

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 5e and 5f of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Deposits

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 5b, 5c and 5g of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Sale of securities

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 5b and 5f of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Credit rating

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Article 5j of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Trading

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 5, 5a and 5e of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Banknotes

FAQs on sanctions against Russia and Belarus, with focus on the following provision: Article 5i of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Russian Central Bank

FAQs on sanctions against Russia and Belarus, with focus on the following provision: Article 5a(4) of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

(Re)financing

FAQs on sanctions against Russia and Belarus, with focus on the following provision: Article 5 of Council Regulation (EU) No 833/2014.

Topic
Finance and banking
  • General guidelines
  • Direzione generale della Stabilità finanziaria, dei servizi finanziari e dell’Unione dei mercati dei capitali

Investment funds

FAQs on sanctions against Russia and Belarus, with focus on the following provisions: Articles 5(1) – 5(4), 5a(1) and 5f of Council Regulation (EU) No 833/2014.

Topic
Finance and banking