Sanctions database - KSE Sanctions

Switzerland

Trade restrictions

Import ban

Temporary occupied territories

Comprehensive goods

Import ban of goods originating in the designated areas without a certificate of origin issued by the Ukrainian authorities, It is prohibited to provide financial services as well as to engage in insurance and reinsurance related to the import of goods originating in the Designated Territories for which there is no certificate of origin issued by the Ukrainian authorities. The ban on imports, exports and 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

Excluded actions that are necessary for the official work of diplomatic or consular missions or international organizations, for humanitarian activities, and for hospitals or educational institutions based in the areas specified in Annex 6,
After consultation with the responsible offices of the FDFA and the Federal Department of Finance (FDF), SECO may grant exceptions to the prohibitions if this is necessary to avert or contain an event that is likely to be serious and significant Impact on human health and safety, including the safety of existing infrastructure, or the environment,
In duly justified cases of urgency, the sale, delivery, transfer or export may take place without prior authorization provided that the exporter notifies SECO of this within five working days of the sale, delivery, transfer or export and the relevant reasons for sale, supply, transfer or export without prior approval,

28.02.2022

New Zealand

Trade restrictions

Additional tariff

Russia

Comprehensive goods

From 25 April 2022, New Zealand increased the tariff on goods of Russian origin imported into New Zealand to 35% of the value of the goods. Link to the original

The concessions usually applying to goods falling within concession reference numbers 94 and 99 under Part 2 of the Tariff do not apply to goods of Russian origin.
This will not include low value goods of less than NZ $1,000. In 2019 and 2020 goods of less than NZ $1,000 made up less 0.02% and 0.03% of total imports (by value) from Russia.

19.04.2022

Completion date: 05.11.2022

25.04.2022

New Zealand

Financial restrictions

Full blocking

Russia

Public debt

OFAC, in consultation with the State Department, issued a determination pursuant to E.O. 14024 that authorizes the imposition of economic sanctions against any individual or entity that operate or have operated in the quantum computing sector of Russian economy. This action builds on previous determinations providing for sanctions against those that operate or have operated in the accounting, trust and corporate formation, management consulting, aerospace, marine, electronics, financial services, technology, and defense and related materiel sectors of Russian economy. FAQ 1085 clarifies that the Determination Pursuant to Section 1(a)(i) of EO 14024 authorizes the imposition of economic sanctions against persons that operate or have operated in the quantum computing sector of the Russian economy and that not all persons operating in the quantum computing sector are sanctioned by OFAC. A determination exposes persons that operate or have operated in an identified sector to sanctions risk; however, a sector determination does not automatically impose sanctions on all persons who operate or have operated in the sector. Only persons determined, pursuant to EO 14024, by the Secretary of the Treasury in consultation with the Secretary of State, or by the Secretary of State in consultation with the Secretary of the Treasury, or their delegates, to operate or have operated in the above-identified sectors are subject to sanctions. FAQ 1086 states that OFAC interprets the term “quantum computing sector of the Russian Federation economy” to include activities related to products and services in or involving the Russian Federation in research, development, manufacturing, assembling, maintenance, repair, sale, or supply of quantum computing, quantum computers, electronic assemblies thereof, or cryogenic refrigeration systems related to quantum computing. OFAC also interprets the term “quantum computing sector of the Russian Federation economy” to include any of the following services when related to quantum computing: “infrastructure, web hosting or data processing services; custom computer programming services; computer systems integration design services; computer systems and data processing facilities management services; computing infrastructure, data processing services, web hosting services, and related services; repairing computer, computer peripherals, and communication equipment; other computer-related services; as well as the exportation, reexportation, sale, or supply, directly or indirectly, of quantum computing, quantum computers, electronic assemblies thereof, or cryogenic refrigeration systems related to quantum computing to or from the Russian Federation.” Link to the original

19.04.2022

Completion date: 17.03.2025

20.04.2022

New Zealand

Financial restrictions

Other

Russia, Belarus

Comprehensive - entities

Prohibition on New Zealanders and New Zealand-based businesses from dealing with a assets that is owned or controlled by a sanctioned person or where the dealing would result in a sanctioned person owning or controlling the asset or would otherwise benefit a sanctioned person. The prohibition does not prevent a New Zealand person from holding or disposing of such a security (as long as it is not to a sanctioned person). Link to the original

New regulation 18 exempts humanitarian organisations from the sanctions – the United Nations (including its programmes, funds, other entities and bodies, specialised agencies, and related organisations); the International Red Cross and Red Crescent Movement; a non-governmental organisation accredited under the New Zealand Disaster Response Partnership.
A New Zealand person may:
– hold and use a bank account (or similar) with a sanctioned person if they held the account immediately before the relevant date;
– receive money that is a restricted asset if, immediately before the relevant date, the person from whom it is received had a legal obligation to pay (whether at that time or in the future) the money to the New Zealand person;
– hold (but not otherwise deal with) a restricted asset if they held the asset immediately before the relevant date;
– use premises that are a restricted asset as the person’s principal place of residence (including making payments in relation to that use) if the premises were the person’s principal place of residence immediately before the relevant date;
– deal with an estate or interest in land that is a restricted asset (including paying or receiving money in relation to it) if, immediately before the relevant date, the New Zealand person had a legal obligation to do so;
– deal with a restricted asset or a restricted service, (a) if the sanctioned person is an individual, for the purpose of providing the sanctioned person or their dependants with an asset or service that is reasonably necessary for personal or household purposes (such as food and clothing); or (b) if the New Zealand person is a lawyer, for the purpose of providing legal services in connection with the Act or these regulations; or (c) for the purpose of preserving, or maintaining the value of, a restricted asset; or (d) for the purpose of, or in connection with, the enforcement or intended enforcement of the Act; or (e) for the purpose of facilitating the normal performance of the functions of (i) a diplomatic mission (within the meaning of the Vienna Convention on Diplomatic Relations signed in 1961); or (ii) a consular post (within the meaning of the Vienna Convention on Consular Relations signed in 1963); or
(f) for the purpose of providing the New Zealand person or their dependants, while in a specified country, with an asset or a service that is reasonably necessary for personal or household purposes (such as utility services) (amended on 4 July 2022 by Russia Sanctions Amendment Regulations (No 7) 2022).

19.04.2022

20.04.2022

New Zealand

Financial restrictions

Money and capital markets restrictions

Russia, Belarus

Comprehensive - entities

Prohibition on a New Zealand person from acquiring security of sanctioned persons or from dealing with it in any other way where the dealing would result in a sanctioned person owning or controlling the asset or would otherwise benefit a sanctioned person. However, it does not prevent a New Zealand person from holding or disposing of such a security (as long as it is not to a sanctioned person). Security of a sanctioned person means: (a) a share in the sanctioned person; (b) a debt security under which the sanctioned person is liable to repay money or pay interest or other returns (other than as a guarantor); (c) a managed investment product that relates to a managed investment scheme of which the sanctioned person is the manager; (d) a derivative entered into by the sanctioned person; or (e) a security or other arrangement or facility (by whatever name called) that has, or is intended to have, the effect of a person making an investment in, or managing a financial risk issued by, a sanctioned person. Link to the original

New regulation 18 exempts humanitarian organisations from the sanctions – the United Nations (including its programmes, funds, other entities and bodies, specialised agencies, and related organisations); the International Red Cross and Red Crescent Movement; a non-governmental organisation accredited under the New Zealand Disaster Response Partnership.
A New Zealand person may:
– hold and use a bank account (or similar) with a sanctioned person if they held the account immediately before the relevant date;
– receive money that is a restricted asset if, immediately before the relevant date, the person from whom it is received had a legal obligation to pay (whether at that time or in the future) the money to the New Zealand person;
– hold (but not otherwise deal with) a restricted asset if they held the asset immediately before the relevant date;
– use premises that are a restricted asset as the person’s principal place of residence (including making payments in relation to that use) if the premises were the person’s principal place of residence immediately before the relevant date;
– deal with an estate or interest in land that is a restricted asset (including paying or receiving money in relation to it) if, immediately before the relevant date, the New Zealand person had a legal obligation to do so;
– deal with a restricted asset or a restricted service, (a) if the sanctioned person is an individual, for the purpose of providing the sanctioned person or their dependants with an asset or service that is reasonably necessary for personal or household purposes (such as food and clothing); or (b) if the New Zealand person is a lawyer, for the purpose of providing legal services in connection with the Act or these regulations; or (c) for the purpose of preserving, or maintaining the value of, a restricted asset; or (d) for the purpose of, or in connection with, the enforcement or intended enforcement of the Act; or (e) for the purpose of facilitating the normal performance of the functions of (i) a diplomatic mission (within the meaning of the Vienna Convention on Diplomatic Relations signed in 1961); or (ii) a consular post (within the meaning of the Vienna Convention on Consular Relations signed in 1963); or
(f) for the purpose of providing the New Zealand person or their dependants, while in a specified country, with an asset or a service that is reasonably necessary for personal or household purposes (such as utility services) (amended on 4 July 2022 by Russia Sanctions Amendment Regulations (No 7) 2022).

19.04.2022

20.04.2022

New Zealand

Trade restrictions

Export ban

Russia, Belarus

Technology and dual-use goods

Prohibition on the exports to Russia and Belarus from 25 April 2022 of certain products that are closely connected to strategic Russian industries such as ICT equipment and engines (products are listed in Schedule 3). 28 / 37 / 70 / 74 / 84 / 85 / 87 / 88 / 89 / 90 / 94 Link to the original

Prohibition does not apply to an export for a humanitarian purpose

19.04.2022

Completion date: 17.03.2025

25.04.2022

New Zealand

Transport ban

Ships ban

Russia, Belarus

Transport - Maritime

Prohibition on the movement or entry into New Zealand of ships that are (1) Russian or Belarusian military ships; (2) owned, controlled, chartered, or operated by the Government of Russia or Belarus or a sanctioned person; (3) registered in the name of a sanctioned person. Link to the original

Prohibition does not apply (a) in a situation where an individual or ship is in danger or distress; or (b) if the person is acting for the purpose of, or in connection with, the enforcement or intended enforcement of the Act.

17.03.2022

Completion date: 17.03.2025

18.03.2022

New Zealand

Transport ban

Flight ban

Russia, Belarus

Transport - Aerospace

Prohibition on the movement or entry into New Zealand of aircraft that are (1) Russian or Belarusian military aircraft; (2) owned, controlled, chartered, or operated by the Government of Russia or Belarus or a sanctioned person; (3) registered in the name of a sanctioned person; (4) registered in Russia or Belarus. Link to the original

Prohibition does not apply (a) to an emergency landing; or (b) in a situation where an individual or aircraft is in danger or distress; or (c) if the person is acting for the purpose of, or in connection with, the enforcement or intended enforcement of the Act.

17.03.2022

18.03.2022

New Zealand

Financial restrictions

Money and capital markets restrictions

Russia, Belarus

Transport - Aerospace

Prohibition on any dealing with an asset that is owned or controlled by a sanctioned person and any dealing with an asset that would result in a benefit to a sanctioned person. The asset is (i) shares in a sanctioned person; or (ii) a security or other arrangement or facility (by whatever name called) that has, or is intended to have, the effect of a person making an investment in, or managing a financial risk issued by, a sanctioned person. Link to the original

A New Zealand person may:
– hold and use a bank account (or similar) with a sanctioned person if they held the account immediately before the relevant date;
– receive money that is a restricted asset if, immediately before the relevant date, the person from whom it is received had a legal obligation to pay (whether at that time or in the future) the money to the New Zealand person;
– hold (but not otherwise deal with) a restricted asset if they held the asset immediately before the relevant date;
– use premises that are a restricted asset as the person’s principal place of residence (including making payments in relation to that use) if the premises were the person’s principal place of residence immediately before the relevant date;
– deal with an estate or interest in land that is a restricted asset (including paying or receiving money in relation to it) if, immediately before the relevant date, the New Zealand person had a legal obligation to do so;
– deal with a restricted asset or a service (a) if the sanctioned person is an individual, for the purpose of providing the sanctioned person or their dependents with an asset or service that is reasonably necessary for personal or household purposes (such as food and clothing); or (b) if the New Zealand person is a lawyer, for the purpose of providing legal services in connection with the Act or these regulations; or (c) for the purpose of preserving, or maintaining the value of, a restricted asset; or (d) for the purpose of, or in connection with, the enforcement or intended enforcement of the Act.

17.03.2022

Completion date: 17.03.2025

18.03.2022

New Zealand

Trade restrictions

Services ban

Russia, Belarus

Transport - Aerospace

Prohibition on any dealing with a service provided by, to, or for the benefit of a sanctioned person. Link to the original

A New Zealand person may:
– hold and use a bank account (or similar) with a sanctioned person if they held the account immediately before the relevant date;
– receive money that is a restricted asset if, immediately before the relevant date, the person from whom it is received had a legal obligation to pay (whether at that time or in the future) the money to the New Zealand person;
– hold (but not otherwise deal with) a restricted asset if they held the asset immediately before the relevant date;
– use premises that are a restricted asset as the person’s principal place of residence (including making payments in relation to that use) if the premises were the person’s principal place of residence immediately before the relevant date;
– deal with an estate or interest in land that is a restricted asset (including paying or receiving money in relation to it) if, immediately before the relevant date, the New Zealand person had a legal obligation to do so;
– deal with a restricted asset or a service (a) if the sanctioned person is an individual, for the purpose of providing the sanctioned person or their dependents with an asset or service that is reasonably necessary for personal or household purposes (such as food and clothing); or (b) if the New Zealand person is a lawyer, for the purpose of providing legal services in connection with the Act or these regulations; or (c) for the purpose of preserving, or maintaining the value of, a restricted asset; or (d) for the purpose of, or in connection with, the enforcement or intended enforcement of the Act.

17.03.2022

Completion date: 17.03.2025

18.03.2022