Sanctions database

The prohibition does not apply to:
– funding or financial assistance commitments entered into before March 5, 2022,
– the provision of public financing or financial assistance up to a total amount of CHF 10 mln per project to small and medium-sized enterprises in Switzerland,
– the provision of public financing or financial assistance for food trade, agricultural, medical or humanitarian purposes,

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,

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

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,