"The Assembly acknowledges the longstanding influence of certain Russian individuals, also referred to as oligarchs, in both domestic and international politics, shaped by their control over key industries and substantial assets abroad. This enabled them to influence various stakeholders in the European countries. Since the beginning of the Russian aggression against Ukraine in 2014, a number of enterprises owned by such individuals have been co-operating with the Russian military-industrial complex. Given this fact, the European Union, G7 countries and Australia introduced the "Russian Elites, Proxies & Oligarchs Task Force" in March 2022. The Assembly believes that the member States have to work on a similar mechanism to be able to address this issue."