Council Implementing Regulation (EU) 2026/885 - Russia Restrictive Measures
Summary
The Council of the European Union published Council Implementing Regulation (EU) 2026/885 on 21 April 2026, implementing Regulation (EU) 2024/2642 concerning restrictive measures in view of Russia's destabilising activities. The regulation amends the existing EU Russia sanctions framework and is directly applicable across all EU member states. Financial institutions, investors, and other regulated entities subject to EU sanctions obligations should monitor for updated designation lists, asset freeze requirements, and any new compliance obligations introduced by this implementing act.
What changed
The Council Implementing Regulation (EU) 2026/885 of 21 April 2026 amends Regulation (EU) 2024/2642, which established restrictive measures in view of Russia's destabilising activities. This implementing regulation specifies or clarifies the operational application of those measures, potentially including updated designation criteria, reporting requirements, or compliance procedures.
Affected parties—including financial institutions, investment managers, and other entities subject to EU Russia sanctions—should review the implementing regulation to identify any changes to their compliance obligations. Firms should update sanctions screening systems and due diligence procedures to account for any new designations or modified criteria introduced by this act.
Archived snapshot
Apr 21, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Published on 21 April 2026 EU regulation
Council Implementing Regulation (EU) 2026/885 of 21 April 2026
implementing Regulation (EU) 2024/2642 concerning restrictive measures in view of Russia’s destabilising activities
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Related documents
- 9 October 2024
Council Regulation (EU) 2024/2642 of 8 October 2024
concerning restrictive measures in view of Russia’s destabilizing activities
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