Article 1
Decision 2014/512/CFSP is amended as follows:
(1) in Article 1, paragraph 5 is replaced by the following:
‘5. It shall be prohibited to list and provide services for, as of 12 April 2022, and to admit to trading as of 29 January 2023, on trading venues registered or recognised in the Union, the transferable securities of any legal person, entity or body established in Russia and with over 50 % public ownership.’;
(2) Article 1aa is amended as follows:
(a) the following paragraphs are inserted:
‘1b. It shall be prohibited as from 16 January 2023 to hold any posts in the governing bodies of:
(a) a legal person, entity or body established in Russia, which is publicly controlled or with over 50 % public ownership, or in which Russia, its Government or Central Bank has the right to participate in profits or with which Russia, its Government or Central Bank has other substantial economic relationship;
(b) a legal person, entity or body established in Russia whose proprietary rights are directly or indirectly owned for more than 50 % by an entity referred to in point (a) of this paragraph; or
(c) a legal person, entity or body established in Russia and acting on behalf or at the direction of an entity referred to in point (a) or (b) of this paragraph.