On 6 November 2024, the Swiss Federal Council announced the implementation of new, albeit limited, sanctions against the Islamic Republic of Iran, which entered into force on 7 November 2024. This update to the Ordinance on Measures against the Islamic Republic of Iran (âIran Ordinanceâ) primarily targets goods and technology related to unmanned aircrafts, along with an expansion of the list of designated parties involved in this sector. Reorganization and extension of restrictions on goods…
Reminder: No-Russia IP Clause As announced in our previous blog post on the Swiss governmentâs implementation of the EUâs 14th Russia sanctions package in the Ordinance on Measures in Connection with the Situation in Ukraine (âUkraine Ordinanceâ), new intellectual property rights-related restrictions against Russia will come into effect on 26 December 2024 (see previous blog post here). Under these new restrictions, parties transferring intellectual property to third country counterparties must contractually prohibit the reexport thereof…
On 30 October 2024, the Swiss Federal Council announced the adoption of further sanctions against Belarus (the official media release can be viewed here). These new measures mirror those imposed by the EU against Belarus on 29Â June 2024 (see blog post here) and increase consistency between the Ordinance on Measures against Belarus (“Belarus Ordinance”) and the EU Belarus sanctions. However, as could be observed in the context of Switzerland’s last round of sanctions imposed against…
On 16 October 2024, the Swiss Federal Council announced the adoption of further measures included in the EU’s 14th package of sanctions against Russia of 24 June 2024, which entered into force on 17 October 2024 (the official media release is available here). This marks the second, and for now last, round of measures adopted in alignment with the 14th EU package, with certain limited measures having already entered into force on 27 August 2024…