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Switzerland
Financial restrictions
Crypto transaction ban
Russia
Comprehensive - entities, individuals
Prohibition on accepting crypto-assets from and to provide related services to Russian nationals, natural persons resident in Russia or legal persons, companies or entities established in Russia, if the total value of the cryptoassets of the natural or legal person, enterprise or entity exceeds CHF 10'000 per crypto wallet, account or the custody service provider. It should be noted that the Ordinance on measures in connection with the situation in Ukraine does not define the term "crypto-assets". In the absence of legislative guidelines for the Swiss sanctions regime, it is likely that the Swiss sanctions authorities will refer to the term "crypto-assets" as defined in Article 5a of the Banking Ordinance Посилання на оригінал

Prohibitions do not apply to:
a. Swiss nationals, nationals of an EEA member state and natural persons who have a temporary or permanent residence permit in Switzerland or an EEA member state;
b. Deposits required for non-prohibited cross-border trade in goods and services between Switzerland and Russia, Switzerland and the EEA, or the EEA and Russia.
After consultation with the responsible departments of the FDFA and the FDF, SECO may grant exceptions to the prohibitions for deposits or the provision of services in connection with crypto wallets, crypto accounts or the custody of crypto-based assets that are required: a. to avoid cases of hardship; b. for humanitarian purposes or for evacuation purposes; c. for civil society activities that directly promote democracy, human rights or the rule of law in the Russian Federation; d. to carry out official activities of diplomatic or consular representations or international organizations; e. to safeguard Swiss interests.

27.04.2022
27.04.2022
Switzerland
Financial restrictions
Money and capital markets restrictions
Russia
Comprehensive
CSDs are prohibited from providing their services for securities issued to Russian nationals, individuals resident in the Russian Federation, or banks, companies or organizations established in the Russian Federation after April 12, 2022. Посилання на оригінал
27.04.2022
12.04.2022
Switzerland
Financial restrictions
Money and capital markets restrictions
Russia
Comprehensive - entities, individuals
Sale to Russian nationals of securities denominated in Swiss francs or in an official currency of a member state of the European Union that were issued after April 12, 2022, or of units in collective investment schemes invested in these securities, in the Russian Federation residents or to banks, companies or organizations established in the Russian Federation is prohibited. Посилання на оригінал

This prohibition does not apply to Swiss nationals, nationals of an EEA member state and natural persons who have a temporary or permanent residence permit from Switzerland or an EEA member state.

27.04.2022
12.04.2022
Switzerland
Financial restrictions
Other
Russia
Comprehensive - entities
Provision of securities services that are directly related to the granting of loans and credit to enterprises and organizations in the areas specified in Annex 6 and the acquisition and expansion of interests in companies and real estate in the designated areas, as well as the formation of joint ventures with companies or organizations in the areas specified in Annex 6, is prohibited. Посилання на оригінал
27.04.2022
27.04.2022
Switzerland
Trade restrictions
Export ban
Russia
Comprehensive goods
Prohibition on sale, supply, export, transit and transport of goods for the strengthening of the industry according to Annex 23 to or for use in Russia. The provision of services of all kinds, including financial services, brokerage and technical advice, as well as the granting of funds in connection with the sale, export, transit or transport as well as the provision, manufacture, servicing or use of these goods to or for use in Russia is prohibited. Посилання на оригінал

The prohibitions do not apply to goods and services that are required for the official activities of diplomatic or consular representations of Switzerland or its partners in the Russian Federation or international organizations.
After consultation with the responsible departments of the FDFA and the FDF, SECO may grant exceptions to the prohibitions for humanitarian purposes.
As from 09.09.2022
After consultation with the responsible departments of the FDFA and the FDF, SECO may approve exceptions to the prohibitions if this is necessary for:
a. medical or pharmaceutical purposes with an end use of a non-military nature;
b. humanitarian purposes or for evacuations; or
c. Switzerland’s exclusive use to fulfill its maintenance obligations in areas subject to a long-term lease agreement between Switzerland and the Russian Federation.

27.04.2022
Дата завершення: not specified
Кінець пільгового періоду: 29.07.2022
27.04.2022
Switzerland
Trade restrictions
Import ban
Russia
Energy - Coal
Prohibition on the purchase, import, transit and transport of coal and other solid fossil fuels listed in Annex 22 from or originating in Russia. The provision of all kinds of services, including financial services, brokerage and technical advice, and the provision of finance in connection with the purchase, import, transit, transport, provision, manufacture or use of coal and other solid fossil fuels from or originating in Russia are prohibited. Посилання на оригінал
27.04.2022
Дата завершення: not specified
Кінець пільгового періоду: 29.08.2022
28.04.2022
Switzerland
Financial restrictions
Ban on rating services
Russia
Comprehensive - entities
Prohibition on the provision of credit rating services and the granting of access to subscription services related to credit rating services to Russian nationals or natural persons, banks, companies or organisations resident in Russia. Посилання на оригінал

Does not apply to Swiss nationals, nationals of an EEA Member State and natural persons holding a temporary or permanent residence permit of Switzerland or of an EEA Member State,

25.03.2022
25.03.2022
Switzerland
Financial restrictions
Deposit ban
Russia
Comprehensive - entities, individuals
The existing prohibition on accepting deposits from Russian citizens or natural persons resident in Russia or from companies or organisations established in Russia has been extended to also include banks established in Russia. Посилання на оригінал

The exceptions to this prohibition have been extended to (i) deposits by nationals of an EEA Member State and natural persons holding a temporary or permanent residence permit of an EEA Member State; and (ii) deposits necessary for the non-prohibited trade in goods and services between Switzerland and the EEA, as well as between the EEA and Russia.

25.03.2022
25.03.2022
Switzerland
Trade restrictions
Export ban
Russia
Military/defence

In order for Switzerland to be able to fulfil its international obligations to the Organization for the Prohibition of Chemical Weapons (OPCW), the Ordinance now provides for an exemption for the export of special military goods. This is to enable Switzerland to export NBC protective equipment under a request for assistance from the OPCW.

27.04.2022
27.04.2022
Switzerland
Trade restrictions
Export ban
Russia
Military/defence
Switzerland extended the list of goods banned for sale, delivery, export, transit and transport to or for use in Russia, that could help to strengthen Russia in military and technological terms or to develop its defence and security sector, namely certain chemicals (listed in Annex 1). Посилання на оригінал
27.04.2022
Дата завершення: not specified
Кінець пільгового періоду: 29.07.2022
27.04.2022