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EU extends individual Russia sanctions for three more years

The Council of the EU has extended the bloc's individual restrictive measures against Russia under Regulation (EU) 269/2014 by 36 months, pushing the expiry date to 22 September 2029.

The Council of the European Union has extended the bloc's individual restrictive measures against Russia under Regulation (EU) 269/2014 for an additional 36 months, pushing the expiry date to 22 September 2029. This marks one of the longest extensions applied to the EU's Russia-related sanctions since 2014.

The measures currently apply to more than 3,000 individuals and entities, covering political figures, business leaders, military personnel, state-linked organisations, and companies deemed to be supporting or benefiting from actions undermining Ukraine's sovereignty.

The extended framework includes travel bans for designated natural persons, asset freezes on individuals and entities, and a prohibition on making funds or economic resources available to listed persons, directly or indirectly. These measures form part of the EU's broader sanctions architecture targeting Russia's financial system, defence sector, energy exports and access to critical technologies.

By prolonging the listings until 2029, the EU signals its intention to maintain long-term pressure on Russia and ensure continuity across political cycles. The extension also provides clarity for financial institutions, compliance teams and multinational businesses operating within the EU's regulatory perimeter, and aligns with ongoing efforts to tighten enforcement, reduce circumvention risks and coordinate sanctions policy with international partners.

Why it matters for banking

A three-year horizon means sanctions screening is a permanent part of onboarding, not a temporary check. Banks and corporate service providers will keep applying enhanced due diligence to any structure with Russian nexus — ownership, funding, counterparties or residency — and clients should expect those questions to persist well beyond the current political cycle.

Sources: Council of the EU — sanctions against Russia. Summary for information only; not legal or investment advice.
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