“On 11 April 2022, Europol, together with EU Member States, Eurojust and Frontex, launched Operation Oscar to support financial investigations by EU Member States against criminal assets belonging to individuals and entities under sanctions,” reads the message.

Europol will also support investigations conducted by the EU countries in connection with the circumvention of anti-Russian sanctions.

Operation Oscar will last at least a year.

Earlier, the European Union, as part of the fifth package of anti-Russian sanctions, introduced personal restrictions against 217 individuals and 18 organizations.

As part of the personal sanctions imposed against individuals and organizations in Russia and Belarus, the EU froze Russian and Belarusian assets in the amount of almost €30 billion and blocked transactions for almost €196 billion.