The sanctions imposed on Russia by the European union due to the invasion of Ukraine

The sanctions regime against Russia resulting from the invasion of Ukraine is unprecedented in its scope and in the number of individuals and entities affected, requiring an effort on the part of Member States and the European Union to implement and monitor it properly. It also requires European citizens and companies with relations with Russia to be particularly vigilant, as this is a new regime, with several competent authorities, and with criteria that sometimes change or are subject to interpretation, which makes it difficult to apply.

The purpose of this briefing is to provide details of the current regulations applicable in Spain regarding the Russian sanctions regime established until 6 June 2022, the competent authorities at the European Union and Spanish levels and the sources of relevant information that are periodically updated with the criteria necessary for their correct application. The intention is therefore to facilitate access to all regulations and the interpretative work of the competent authorities, in order to enable proper compliance with them.

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