(12)On 28 February 2022, the Council adopted Decision (CFSP) 2022/335note amending Decision 2014/512/CFSP, which prohibited any transactions related to the management of reserves of, as well as of assets of, the Central Bank of Russia, including transactions with any legal person, entity or body acting on behalf of, or at the direction of, the Central Bank of Russia. On 9 March 2022, the Council adopted Decision (CFSP) 2022/395note to include such prohibition concerning the Russian National Wealth Fund. The prohibition is laid down in Article 1a(4) of Decision 2014/512/CFSP, and is also reflected in Article 5a(4) of Regulation (EU) No 833/2014. As a result of those prohibitions, the relevant assets held by financial institutions in the Member States are ‘immobilised’.
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