Ukraine: EU agrees to extend the scope of sanctions on Russia and Belarus - European Commission
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Finance
  • News article
  • 9 March 2022
  • Directorate-General for Financial Stability, Financial Services and Capital Markets Union
  • 1 min read

Ukraine: EU agrees to extend the scope of sanctions on Russia and Belarus

The Council adopted the following restrictive measures:

  • Exclude three Belarusian banks from the SWIFT system
     
  • Prohibit transactions with the Central Bank of Belarus related to the management of reserves or assets, and the provision of public financing for trade with and investment in Belarus
     
  • Clarify the notion of “transferable securities” so as to clearly include crypto-assets, and thus ensure the proper implementation of the sectoral restrictions in place
     
  • Prohibit the listing and provision of services in relation to shares of Belarus state-owned organisations on EU trading venues as of 12 April 2022
     
  • Significantly limit the financial inflows from Belarus to the EU, by prohibiting the acceptance of deposits exceeding €100.000 from Belarusian nationals or residents, the holding of accounts of Belarusian clients by the EU central securities depositories, as well as the selling of euro-denominated securities to Belarusian clients
     
  • Prohibit the provision of euro denominated banknotes to Belarus
     
  • Further restrictive measures with regard to the export of maritime navigation goods and radio communication technology to Russia
     
  • Add 160 individuals to the list of sanctioned people and organisations. With these additions, the list comprises a total of 862 individuals and 53 organisations

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