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1. It shall be prohibited to directly or indirectly engage in any transaction with:

(a) the Russian Direct Investment Fund;

(b) a legal person, entity or body owned or controlled by the Russian Direct Investment Fund;

(c) a legal person, entity or body established outside of the Union in which an entity referred to in point (a) or (b) has made, directly or indirectly, a significant investment, as listed in Annex XLIX to this Regulation;

(d) a legal person, entity or body established outside of the Union providing investment services or other financial services to an entity referred to in point (a), (b) or (c), as listed in Annex L to this Regulation;

(e) a legal person, entity or body acting on behalf or at the direction of an entity referred to in point (a), (b), (c) or (d).

2. By way of derogation from paragraph 1, the competent authorities may authorise transactions that are strictly necessary for the purchase, import or transport of pharmaceutical and medical products, the import, purchase and transport of which is allowed under this Regulation.

3. By way of derogation from paragraph 1, the competent authorities may authorise until 31 December 2026, under such conditions as they deem appropriate, transactions which are strictly necessary for the divestment and withdrawal from Russia or the wind-down of business activities in Russia.

4. The Member State concerned shall inform the other Member States and the Commission of any authorisation granted pursuant to paragraph 2 or 3 within two weeks of the authorisation.