The EU adopted its 16th package of sanctions against Russia on 24 February 2025, marking the third anniversary of the Russian invasion of Ukraine (see blog post here). On 14 May 2025, the Swiss Federal Council decided to conclude the implementation of the measures of the EU’s 16th sanctions package relevant for Switzerland by updating the Ordinance on measures in connection with the situation in Ukraine (“Ordinance”; see press release here), thereby — once again…