I. Adoption of fifth EU Sanctions Package On 13 April, in light of Russia’s ongoing military aggression against Ukraine, the Swiss Federal Council decided to fully adopt the new sanctions introduced by the EU in its fifth sanctions package against Russia on 8 April (see blog post here). The Ordinance on Measures connected with the Situation in Ukraine (the “Ordinance”) will now be revised accordingly. It will be published and enter into force some time…
On 25 March, in line with its previous announcement concerning further sanctions imposed against Russia (see blogpost here), the Swiss Federal Council implemented a revision of the Ordinance on Measures connected with the Situation in Ukraine (the “Ordinance”) which entered into force at 11 PM on the same day. The new measures have further aligned Swiss sanctions with those imposed by the EU, specifically reflecting the EU measures adopted on 9 and 15 March (see…
On 18 March, the Swiss Federal Council decided to fully adopt the new sanctions introduced by the EU against Russia on 15 March (see EU blogpost here). These new EU sanctions had already been partially implemented by Switzerland through the extension of its list of designated parties on 16 March (see blogpost here) with the rest of the package now following. The Ordinance on Measures connected with the Situation in Ukraine is currently being updated,…
Belarus I. Introduction and summary On 16March 2022, the Swiss Federal Council, in view of Belarus’ involvement in Russia’s warfare in Ukraine, decided to adopt in full the extended sanctions against Belarus introduced by the EU on 2 and 9 March 2022. For this purpose, the Swiss Federal Council has approved the complete revision of the Ordinance on Measures against Belarus, which entered into force on 16 March 2022, at noon(the “Ordinance”). The newly adopted measures…