Swiss sanctions against Russia – Further alignment with the EU – Implementation of the 16th Sanctions Package
Swiss sanctions against Russia – Further alignment with the EU –…
In a continued effort to align with European Union ("EU") sanctions, on 14 May 2025, the Swiss Federal Council implemented additional measures transposing the core components of the European Union's 16th sanctions package adopted on 24 February 2025. The new Swiss measures entered into force on 15 May 2025 and reinforce the existing framework through enhanced trade restrictions, territorial extensions and service bans. These include, inter alia, the expansion of Article 28e UKRO to non-government-controlled areas of Ukraine and reinforced prohibitions on Russian infrastructure and financial messaging services.