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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 15 February 2024 - onwards
  Version 6 of 6    

Article 5a

1. It shall be prohibited to directly or indirectly purchase, sell, provide investment services for or assistance in the issuance of, or otherwise deal with transferable securities and money-market instruments issued after 9 March 2022 by:

(a) Russia and its government; or

(b) the Central Bank of Russia; or

(c) a legal person, entity or body acting on behalf or at the direction of the entity referred to in point (b).

2.

It shall be prohibited to directly or indirectly make or be part of any arrangement to make any new loans or credit to any legal person, entity or body referred to in paragraph 1 after 23 February 2022.

The prohibition shall not apply to loans or credit that have a specific and documented objective to provide financing for non-prohibited imports or exports of goods and non-financial services between the Union and any third State, including the expenditure for goods and services from another third State that is necessary for executing the export or import contracts, prov

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