The EU Council has extended the duration of the sanctions against more than 1,200 individuals and entities in response to Russia's invasion of the Ukraine for a further six months, until 15 March 2023.
This follows the recent extension of the sectoral sanctions to 31 January 2023 (see our update on that extension here: EU Sanctions against Russia: Sectoral Sanctions extended by a further 6 months to 31 January 2023).
As part of this week's extension, the EU Council has updated information on 550 of the entries in Annex I to the relevant Regulation (Regulation (EU) No 269/2014) and removed 11 entries from that Annex.
This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.