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Switzerland
Financial restrictions
Deposit ban
Russia
Comprehensive - entities, individuals
Prohibition on the acceptance of deposits from Russian nationals or natural persons resident in Russia, or from banks, companies or organizations established in Russia if the total value of the deposits of the natural or legal person, company or organization per bank or person (authorized under Article 1b of the Banking Act of 8 November 1934 (BankG)) exceeds 100,000 francs. Link to the original

The ban does not apply to:
– 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;
– Deposits required for non-prohibited cross-border trade in goods and services between Switzerland and the Russian Federation, between Switzerland and the EEA, and between the EEA and the Russian Federation,
After consultation with the responsible departments of the FDFA and the FDF, SECO may grant exceptions to the prohibition for deposits 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, for the fulfillment of official purposes of diplomatic or consular missions or an international organization; e, to safeguard Swiss interests,

04.03.2022
04.03.2022
Switzerland
Trade restrictions
Export ban
Russia
Military/defence
Prohibition to export to Russia or Ukraine specific military goods listed in Annex 3 of the Swiss Goods Controls Ordinance of 3 June 2016 (GKV) that could contribute to the military and technological strengthening of Russia or to the development of the defense and security sector, The provision of services of any kind, including financial services, brokering, technical advice, and the granting of financial means the Russian Federation or Ukraine or intended for use in these countries is also prohibited. Link to the original
28.02.2022
28.02.2022
Switzerland
Transport ban
Flight ban
Russia
Transport - Aerospace
Swiss airspace will be closed to all flights from Russia and to all movements of aircraft with Russian markings from 3pm on Monday with the exception of flights for humanitarian, medical or diplomatic purposes, Link to the original

Diplomatic, medical and humanitarian flights are exempt from the measure.

28.02.2022
28.02.2022
Switzerland
Travel ban
Visa restriction
Russia
Comprehensive - individuals
Partial suspension of the 2009 agreement on visa facilitation for Russian nationals. Switzerland lifted visa easing for certain groups of people, such as Russian business people, and the visa waiver for Russian diplomats. Link to the original
28.02.2022
01.03.2022
Switzerland
Trade restrictions
Export ban
Russia
Technology and dual-use goods
Prohibition on the sale, delivery, export, transit and transport of dual-use goods (listed in Annex 2 of the Goods Control Ordinance), regardless of the end-user and the intended end-use, when such goods are destined for or intended for use in Russia, and when they are intended for military use or for military end users when destined for or intended for use in Ukraine. The new sanctions measures remove the “military use or end-user” qualifier, and instead impose a blanket prohibition on the supply of dual-use items to any Russian person or for use in Russia. There is also a prohibition on providing technical assistance, brokering and other services related to dual-use items destined for or intended for use in Russia and requirement to пуе authorisation when dual-use goods are destined for or intended for use in Ukraine. Link to the original

1/ The prohibitions and authorization requirements under Articles 4 and 5 do not apply to goods and services intended for:
a. exclusively humanitarian and medical activities carried out by an impartial humanitarian organisation, public health emergencies, the urgent prevention or containment of an event which is likely to have a serious and significant impact on human health and safety or the environment, or the management of natural disasters ;
b. medical or pharmaceutical purposes;
c. the temporary export of items for use by news media;
d. software updates;
e. use as everyday communication devices;
f. ensuring cyber security and information security for natural and legal persons, entities and bodies in Russia, with the exception of their government and the companies directly or indirectly controlled by it (cancelled from 31.08.2022); or
g. the personal use of the following items by natural persons traveling to Russia or by family members traveling with them, provided that the items are owned by the persons concerned and are not intended for sale: 1. personal items, 2. household items, 3. Vehicles or work equipment.
2/ SECO may grant exceptions to the prohibitions for activities intended for the following civilian purposes or civilian end recipients: a. cooperation between Switzerland and the RF in exclusively civil matters; b. intergovernmental cooperation on space programs; c. the operation, maintenance and reprocessing of fuel elements, the security of civil nuclear capacities and civil nuclear cooperation, particularly in the field of research and development; d. maritime security; e. civilian, non-public electronic communications networks and Internet services that are not owned by an organization controlled by a government entity or in which a government entity has a greater than 50% interest (amended 27.04.2022); f. use by any entity owned, solely or jointly controlled by any legal person, entity or body incorporated or incorporated under Swiss law or the laws of a partner; g. diplomatic representations of Switzerland or its partners; h. ensuring cyber security and information security for natural and legal persons, organizations and bodies in the Russian Federation, with the exception of their government and the companies directly or indirectly controlled by it (added 31.08.2022).

04.03.2022
12.03.2022
Switzerland
Financial restrictions
Joint venture ban
Temporary occupied territories
Comprehensive - entities
Prohibition on formation of joint ventures with companies or organizations in the designated areas. The provision of investment services that are directly related to such activities is prohibited. The ban on investments concerning Crimea and Sevastopol, which has been in place since 2014, has been extended to the Ukrainian regions of Donetsk and Luhansk, which are no longer under the control of the Ukrainian government. Link to the original

The prohibitions do not apply to actions that are necessary for the official activities of diplomatic or consular missions or international organizations as well as for hospitals or educational institutions based in the designated areas or to ensure the security of the existing infrastructure,

28.02.2022
28.02.2022
Switzerland
Trade restrictions
Tourism ban
Temporary occupied territories
Comprehensive - entities, individuals
Prohibition on provision of services related to tourism-related activities in the designated areas. Link to the original
28.02.2022
28.02.2022
Switzerland
Financial restrictions
Money and capital markets restrictions
Russia
Public debt
Ban on trading in financial instruments issued by Russia and its government or the Central Bank of Russia and legal persons, entities or bodies when acting on behalf of or at the direction of Russia and its government or the Central Bank of Russia after March 14, 2022. Link to the original
28.02.2022
28.02.2022
Switzerland
Financial restrictions
Money and capital markets restrictions
Russia
Comprehensive - entities
Prohibition on the assisting in the issuance or issuance of financial instruments with a maturity of more than 30 days by designated banks and other companies in Russia (listed in Annex 2). Link to the original
28.02.2022
28.02.2022
Switzerland
Financial restrictions
Money and capital markets restrictions
Russia
Public debt
Prohibition on the assisting or the issuance of financial instruments by Russia and its government or the Central Bank of Russia and legal persons, entities or bodies when acting on behalf of or at the direction of Russia and its government or the Central Bank of Russia. Link to the original
28.02.2022
28.02.2022