Council Implementing Regulation (EU) 2026/2263, published in the Official Journal on October 8, 2026, adds Olga Alekseevna Belyavtseva to Annex I of Regulation (EU) No 269/2014, the European Union's asset-freeze regime for actions undermining or threatening Ukraine's territorial integrity, sovereignty and independence. The regulation entered into force on its publication date, October 8, 2026.
EU banks and payment institutions that screen the Regulation (EU) No 269/2014 list, EU insurers and brokers holding cover for assets of listed persons, and EU suppliers and traders dealing with Agronom-Sad, Biplast, Assol, Everest or Evermount Capital Group must freeze Belyavtseva's funds and economic resources and stop making funds or economic resources available to her from October 8, 2026, or their dealings become unlawful in every Member State and incur national sanctions penalties. The designation extends both the asset freeze and the prohibition on making funds available to a person added to Annex I, including through the named companies.
Who must apply the asset freeze from October 8, 2026?
The listing binds three groups of operators by market exposure. EU banks and payment institutions that screen the Regulation (EU) No 269/2014 asset-freeze list must add Belyavtseva and the associated entities to their screening filters and block any funds or economic resources they hold for her. EU insurers and brokers that hold or arrange cover for assets of listed persons must check whether any policy, claim or arrangement touches Belyavtseva or the named companies. EU suppliers and traders dealing with Agronom-Sad, Biplast, Assol, Everest or Evermount Capital Group must treat dealings that could benefit Belyavtseva as caught by the funds prohibition.
Because Regulation (EU) No 269/2014 is directly applicable in every Member State, the obligations fall on operators across the bloc, not only on firms in the country where a counterparty sits. National authorities, from finance ministries to central banks and customs agencies, enforce the regime under their own penalty laws.
What must compliance teams do?
The regulation adds one person to Annex I, but the practical screening surface is wider. Belyavtseva is the designated person; the five companies are the channels through which funds or economic resources may be made available for her benefit, so they belong on the screening list too.
| Screening entry | Status |
|---|---|
| Olga Alekseevna Belyavtseva | Designated under Annex I of Regulation (EU) No 269/2014 |
| Agronom-Sad | Associated entity to screen |
| Biplast | Associated entity to screen |
| Assol | Associated entity to screen |
| Everest | Associated entity to screen |
| Evermount Capital Group | Associated entity to screen |
Teams should update sanctions screening filters with all six names, review open accounts, policies and supply contracts for matches, freeze any funds or economic resources already held, and halt any payment, transfer or transaction that would make funds available to Belyavtseva directly or through the named companies. Records of frozen assets must be reported to the competent national authority, as each Member State requires.
How does this listing sit within the Ukraine sanctions regime?
Regulation (EU) No 269/2014 is the legal instrument that turns the Council's political decisions under Decision 2014/145/CFSP into directly binding asset freezes. Annex I lists the individuals and entities designated for their role in actions undermining Ukraine's sovereignty. The Council updates the annex through implementing regulations such as this one, each adding, amending or removing entries. Council Decision (CFSP) 2026/2264, adopted on October 8, 2026, is the political twin that amends Decision 2014/145/CFSP, while the implementing regulation is the act that makes the freeze enforceable on operators.
The regime has run since 2014 and remains one of the EU's most active sanctions frameworks. A delisting happens only through a further Council act, so entries stay in force until the Council removes them.
What happens if a firm continues dealing with a listed person?
Any dealing that breaches the asset freeze or the prohibition on making funds or economic resources available is unlawful in every Member State. Enforcement runs through national sanctions law: each Member State sets its own penalties, which range from administrative fines to criminal liability, and designates the authorities that investigate and sanction breaches. Firms cannot cure a breach by pleading ignorance of a listing published in the Official Journal, so screening discipline is the operative defence.
Continuous, per-jurisdiction monitoring through Obsidian surfaces a new Annex I entry the moment the implementing regulation publishes, and flags the screening update for the exposed teams.
Next steps: confirm Belyavtseva and the five associated entities are in your screening filter, review open relationships and pending transactions for matches, brief your sanctions and trade-finance teams, and document the freeze and any report to your national authority.
