Switzerland: Export Controls & Trade & Investment Sanctions

In response to Russia's aggression against Ukraine, the European Union ("EU") and other Western nations, including Switzerland, imposed numerous economic sanctions on Russia, in particular in the financial...

The Annual Report of the Swiss Attorney General's Office (OAG) contains details on two ongoing criminal sanctions cases which it has taken over from SECO.

In a continued effort to align with European Union ("EU") sanctions, on 12 February 2025, the Swiss Federal Council implemented additional measures to align with the EU 15th sanctions package. The new Swiss restrictions, which primarily concern extended divestment deadlines and reinforced measures regarding court rulings involving Russian companies, came into force on 13 February 2025.

The Swiss State Secretariat for Economic Affairs ("SECO") updated its "Frequently Asked Questions" ("FAQs") on 21 December 2023.

The Swiss Federal Council continues aligning the Swiss sanctions regime to the EU sanctions against Russia. On 31 January 2024...

Switzerland has frozen a staggering CHF 7.4 billion in assets belonging to Russian individuals. Furthermore, both EU and Swiss banks have effectively blocked billions of assets of Russian passport holders...

The Swiss Federal Council took the decision on February 28, 2022 to adopt sanctions against Russia mirroring the packages of sanctions imposed by the EU on February 23 and 25, 2022.

In a French-language decision dated 4 March 2019, but only recently published, the Swiss Supreme Court refused to set aside an award issued by the Court of Arbitration for Sport (CAS).

The security of international goods and service supply chains, as well as the associated statutory requirements for cross-border freight traffic, is an ongoing point of discussion