Council Regulation (EU) No 960/2014 imposes new Ukraine-related restrictions

Article 1(5) of Council Regulation (EU)960/2014 replaces Article 5 of EU Regulation
833/2014 with a new measure which imposes restrictions on:

1. transferable securities and money market instruments issued by Russian
   banks, military equipment firms and oil firms listed in the Annex to this
   Notice. [See new Article 5 of Regulation 833].
   

2. loans to any of the entities listed in the Annex to this Notice. There are limited
   exceptions to this prohibition. [See new Article 5 of Regulation 833].
   

Where a legal person, entity or body is owned or acting on behalf of or at the
direction of an entity listed in the Annex to this Notice, they may also be subject to
these restrictions. [See new Article 5 of Regulation 833].

It should also be noted that Article 1(1) replaces the definition of “brokering” with
“investment services” and provides a new definition of “transferable securities”.