Sanctions Policy information is published on the RIPE NCC website:
As an organisation based in the Netherlands, the RIPE NCC must comply with EU sanctions. If we believe that a member or other resource holder is subject to EU sanctions, we freeze their resources in the RIPE Database. This means that sanctioned entities cannot update their registration information and we do not make further resources available or process transfer requests on their behalf. However, we do not deregister their resources or terminate their Standard Service Agreement (SSA) if they are RIPE NCC members.
More information is available on the RIPE NCC website here: RIPE NCC Quarterly Sanctions Transparency Report