Switzerland partially joined the EU sanctions against Belarus, which the bloc adopted in June 2024

Switzerland

Restrictions are mainly aimed at avoiding sanctions

31 Oct 2024

Switzerland


Switzerland has fully joined the 14th package of EU sanctions against russia

Switzerland

The sanctions include tighter restrictions on the export of products that can strengthen russia's industrial and military potential

16 Oct 2024

Switzerland


Swiss government takes further steps to support the 14th package of EU sanctions against russia

Switzerland

New sanctions relate to russian diamonds and the timing of issuing permits for the withdrawal of investments from russia

21 Aug 2024

Switzerland


Switzerland froze $1.5 billion in assets of persons associated with russian oligarch Kerimov

Switzerland

Four people were investigated, and eight searches were conducted in different cantons

15 Aug 2024

Switzerland


Switzerland will not transfer income from frozen russian assets to Ukraine

Switzerland

This approach is related to the peculiarities of the country's legislation

28 Jul 2024

Switzerland


Switzerland opens dozens of cases on violations of sanctions against russia

Switzerland

56 proceedings have been opened, and fines have already been imposed on 15 of them

17 Jul 2024

Switzerland


Switzerland joined the EU sanctions against russia and added its own

Switzerland

In total, more than 2,200 individuals and legal entities were included in the sanctions lists

09 Jul 2024

Switzerland


Switzerland explains why it is not joining the REPO group

Switzerland

The Swiss Foreign Ministry believes that cooperation at the “technical level” is sufficient

15 May 2024

Switzerland


Switzerland has frozen all russian assets in the country

Switzerland

Switzerland blocks russian assets worth $14 billion

23 Apr 2024

Switzerland


Swiss Parliament rejects proposal to join G7 REPO working group

Switzerland

Confiscation of assets contradicts the provisions of the Swiss Federal Constitution

17 Apr 2024

Switzerland


Switzerland froze only 5% of russian assets

Switzerland

Switzerland has frozen russian assets worth 7.5 billion francs ($8.2 billion) out of 150 billion francs

02 Apr 2024

Switzerland


russia reacts to the decision of the Swiss parliament on frozen russian assets

Switzerland

Switzerland has authorized the creation of a legal mechanism that provides for the transfer of frozen russian assets to the affected states

12 Mar 2024

Switzerland


Switzerland opens criminal case against violators of sanctions against russia for the first time

Switzerland

So far, the Swiss authorities have limited themselves to administrative investigations

12 Mar 2024

Switzerland


Swiss Parliament supports confiscation of russian assets for Ukraine

Switzerland

The parliamentary decision enables the government to create an international legal framework for using the assets of aggressor states to pay reparations to the affected countries

07 Mar 2024

Switzerland


The issue of russian frozen assets is being actively discussed in Davos

Switzerland

With the support of the G7, confiscation of russian assets is possible

15 Jan 2024

Switzerland


Swiss have frozen $8.8 billion of russian assets

Switzerland

This amount is only the latest estimate and is subject to change

01 Dec 2023

Switzerland


Head of Swiss Green Party calls for search for Russian assets in Europe

Switzerland

Switzerland plans to join the G7 task force and stop funding the war in Ukraine

16 Sep 2023

Switzerland


Switzerland joins the Register of Damage Caused by Russia's Armed Aggression

Switzerland

Switzerland has joined the Register of Damage to Ukraine caused by Russian Aggression, established by the Council of Europe.

30 Aug 2023

Switzerland


Swiss private bank Julius Baer will end all business with russian clients

Switzerland

In May Julius Baer had told russian and Belarusian clients that their investment accounts would be frozen due to requirements from clearing house Euroclear

26 Jul 2023

Switzerland


CHF 7.4 billion of Russian central bank assets held in Switzerland

Switzerland

The Federal Council was informed of this on 10 May 2023

11 May 2023

Switzerland


Swiss banks have tightened their grip on Russian client

Switzerland

Those who pay taxes in Russia have received warnings of impending account closures

13 Apr 2023

Switzerland


Switzerland is doing everything it can to support sanctions against Russia

Switzerland

Switzerland makes an “extraordinary effort” to enforce sanctions against Russian oligarchs and entities, according to the official in charge of coordinating measures.

11 Apr 2023

Switzerland


Credit Suisse, UBS Among Banks in DOJ Russia-Sanctions Probe

Switzerland

US is investigating whether bankers aided sanctions evasion

24 Mar 2023

Switzerland


The US ambassador believes that Switzerland has blocked few Russian assets.

Switzerland

Scott Miller believes that Switzerland could block another $50-100 billion of Russian assets.

17 Mar 2023

Switzerland


More than 100 cases of potential sanctions violations identified in Switzerland

Switzerland

Proceedings are currently open in 23 cases, with the last two involving russia's ally Belarus

16 Mar 2023

Switzerland


Switzerland Charges Four Bankers With Helping Vladimir Putin Hide His Wealth

Switzerland

According to reports by Swiss media, the amount involved in the case was around 50 million Swiss francs ($50 million)

03 Mar 2023

Switzerland


Federal Council has received legal clarifications on frozen Russian assets

Switzerland

A working group led by the Federal Office of Justice (FOJ) concluded that the confiscation of private Russian assets would undermine the Federal Constitution

17 Feb 2023

Switzerland


Swiss Minister Signals Support Using Russian Assets for Ukraine

Switzerland

Foreign Minister signalled his country’s support for the idea of confiscating frozen Russian assets, but putting him on a collision course with the country

21 Jan 2023

Switzerland


US pressuring Switzerland to use frozen Russian assets for rebuilding Ukraine

Switzerland

The US authorities are pressuring Switzerland to channel Russian funds frozen there into compensation for the damage caused by Russia to Ukraine

04 Jan 2023

Switzerland


Swiss have frozen $8 bln in financial assets under Russia sanctions

Switzerland

Sum of financial assets as of 25. November 2022

02 Dec 2022

Switzerland