The 10th EU sanctions package against Russia has been published by the European Commission, introducing measures including:

  • Additional export bans on sensitive dual-use and advanced technologies and goods that can be used to help the Russian war effort and that support military capabilities
  • Import bans on high-value goods including materials such as bitumen, asphalt etc.
  • The requirement to freeze the assets of and not make funds and economic resources available to three additional Russian banks
  • New reporting obligations on Russian Central Bank assets
  • Banning two additional Russian media outlets

Firms should take note of the Council Regulations within the package, ensuring that all requirements and prohibitions are complied with.

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