In response to the Russian Federation's activities targeting
Ukraine and the recognition of Luhansk/Donetsk as independent
regions, EU foreign ministers have authorized eighteen packages of
sanctions. The packages include several regulations limiting
Russia's access to the capital market. Moreover, they include
financial sanctions against certain individuals and companies as
well as export bans and implement a price cap on Russian crude oil
and certain oil products. Violations are subject to severe
penalties.
In the following, we provide a general overview of the sanctions
regime and explain what companies need to do now.
I. New Sanctions
18th package of Sanctions
On 19 July 2025, the EU launched its 18th sanctions package
against Russia (Regulation (EU) 2025/1494, Regulation (EU)
2025/1476, Regulation (EU) 2025/1472 and Regulation (EU)
2025/1469). The focus is on the energy, banking and military
sectors. Efforts to combat the circumvention of existing