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1. Natural and legal persons, entities and bodies that sell, supply, transfer or export common high priority items as listed in Annex XL or goods as listed in Annex XLVIII shall:

(a) take appropriate steps, proportionately to their nature and size, to identify and assess the risks of exportation to Russia and exportation for use in Russia for such goods or technology, and ensure that those risk assessments are documented and kept up-to-date;

(b) implement appropriate policies, controls and procedures, proportionately to their nature and size, to mitigate and manage effectively the risks of exportation to Russia and exportation for use in Russia for such goods or technology, whether those risks were identified at their level or at the level of the Member State or of the Union.

1a. Paragraph 1 shall apply as of 26 December 2024 with regard to Annex XL and as of 26 May 2025 with regard to Annex XLVIII.

2. Paragraph 1 shall not apply to natural and legal persons, entities and bodies that sell, supply or transfer common high priority items as listed in Annex XL or goods as listed in Annex XLVIII only within the Union or to partner countries listed in Annex VIII.

3. Natural and legal persons, entities and bodies shall ensure that any legal person, entity or body established outside the Union that they own or control and that sells, supplies, transfers or exports common high priority items as listed in Annex XL or goods as listed in Annex XLVIII implements the requirements in points (a) and (b) of paragraph 1.

3a. Paragraph 3 shall apply as of 26 December 2024 with regard to Annex XL and as of 26 May 2025 with regard to Annex XLVIII.

4. Paragraph 3 shall not apply where, due to reasons that it did not cause itself, a natural or legal person, entity or body is not able to exercise control over the legal person, entity or body that it owns.